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Airtrax's Sidewinder(TM) Profiled in Modern Material Handling Magazine
10/06/2004
HAMMONTON, N.J., Oct. 6 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX), a developer of patented, omni-directional technology with military and commercial applications, announced today that the Company's Sidewinder(TM) Omni-directional Lift Truck was profiled in the September 2004 issue of Modern Material Handling magazine under the section "Up Front: Breaking news you need to know."
An excerpt from the article states, "Forward and reverse travel is only half the story for the Sidewinder omni-directional lift truck from Airtrax. This truck also travels sideways and rotates in a 360 degree arc just as easily as conventional travel directions. This capability gives the truck excellent maneuverability in tight spaces, says the supplier. "The key is four independently driven wheels, each with elliptically shaped rollers around its circumference. The rollers rotate freely, allowing omnidirectional movement based on the speed and direction of each wheel." To read the article in its entirety, visit http://www.otcfn.com/aitx. Modern Materials Handling magazine is written for managers and engineers, who recommend, select or buy materials handling solutions for manufacturing, warehousing and distribution operations. The magazine covers system planning, equipment selection, and operation management for movement, storage, control and protection of materials and products throughout manufacturing, warehousing, and distribution. It also provides the core information readers need to integrate materials handling and information-management systems across the supply chain. For information, visit http://www.mmh.com. About Airtrax, Inc. A U.S.-based developer of omni-directional technology, Airtrax designs and manufactures omni-directional vehicles. A patented wheel was designed and developed by Airtrax after receiving a technology transfer from the US Navy in the form of a Cooperative Research and Development Agreement (CRADA). The SIDEWINDER(TM) Omni-Directional Lift Truck and the MEC-Airtrax Phoenix(TM) aerial work platform are the first commercially produced omni- directional vehicles using omni-directional technology and patented Airtrax wheels. Unlike any other lift truck, the SIDEWINDER or the Phoenix can turn 360 degrees in its own footprint, allowing warehouses to utilize 20 to 30% more of existing space. Its nearly maintenance-free design also drastically reduces maintenance costs, delivering tremendous cost efficiencies to companies both large and small. The omni-directional wheel is manufactured by The Timken Company under exclusive production rights to Airtrax. For more information and to view a must-see product demonstration, visit http://www.airtrax.com. The Private Securities Litigation Reform Act of 1955 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission. © 2004 PRNewswire
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