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Airtraxs SIDEWINDER Receives Coverage in Modern Materials Handling Magazine
03/09/2005
FOR IMMEDIATE RELEASE:
Airtraxs SIDEWINDER Receives Coverage in Modern Materials Handling Magazine
HAMMONTON, NJ: March 10, 2005: Airtrax, Inc. (OTC BB: AITX), a developer of patented, Omni-Directional Technology with military and commercial applications, announced today that the Companys SIDEWINDER ATX-3000 was featured in the March 2005 issue of Modern Materials Handling, which has a circulation of over 100,000. To access the article entitled, The latest in lift trucks by Gary Forger, visit http://www.otcfn.com/aitx.
An excerpt from the article states, Without a question, the R&D people at major lift truck suppliers are working overtime these days. During the past year, there have been many new models introduced In some cases, strides have been made in matching engines and transmissions for specific applications. Elsewhere, ease of maneuverability (especially in the Airtrax truck which moves in any direction) and advanced controls contribute to higher productivity.
Airtraxs SIDEWINDER ATX-3000 is profiled under the title, Not Intimidated by Tight Spaces, which states, A highly unconventional counterbalanced lift truck features omni-directional movement using a patented set of wheels, making it well suited to operating in tight spaces. Each wheel consists of a high-strength steel hub with 12 specially designed polyurethane coated rollers. The rollers rotate freely. That combines with a four-wheel drive system to provide omni-directional movement of the truck based on the speed and direction of each wheel. In addition, the 48-volt AC powered truck can climb obstacles up to 3 inches high and travel through potholes. The truck can rotate 360 degrees in its own footprint with the simple twist of the traction control joystick, which controls movement in all directions. A second joystick controls all hydraulic movements.
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 Airtrax-MEC Cobra (TM) aerial work platform (AWP) are the first omni-directional vehicles using omni-directional technology and the patented Airtrax wheel to be commercially produced. Unlike any other lift truck, the SIDEWINDER or the Cobra AWP can turn 360 degrees in its own footprint, travel sideways or move in any direction, allowing warehouses to increase storage density up to 20 - 30%. The nearly maintenance-free design also reduces maintenance costs, delivering cost efficiencies to companies both large and small. The Airtrax patented Omni-Directional wheel is manufactured exclusively for Airtrax vehicles. For more information and to view a must-see product demonstration, visit .
For more information, contact:
U.S. Investor Relations:European Investor Relations:
OTC Financial NetworkEU-IR.com
Gary Geraci Herbert Strauss
781-444-6100 x629 +43 316 296 316
garyg@otcfn.comHerbert@eu-ir.com
http://www.otcfn.com/aitx
The Private Securities Litigation Reform Act of 1995 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.
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