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Amerityre Corporation (Formerly American Tire Corporation) Announces Name And Trading Symbol Change

11 December 2000

Amerityre Corporation (Formerly American Tire Corporation) Announces Name And Trading Symbol Change 
    BOULDER CITY, Nev., Dec. 11 Amerityre Corporation
(formerly American Tire Corporation) announced today that as a result of the
name change approved by its shareholders at its annual meeting held
December 1, 2000, the NASD has assigned it a new symbol for trading on the OTC
Bulletin Board.  The new symbol issued by the NASD is "AMTY", which will
replace its former symbol "ATYR" effective the opening of trading on Tuesday,
December 12, 2000.

    CONTACT:  Jeff Cornett of Ink, Inc., 816-753-6222, for Amerityre
Corporation.