|
|
 |
OTC Financial Network Updates Strongly Favorable Report on Airtrax
06/08/2005
OTC Financial Network Updates Strongly Favorable Report on Airtrax
Wednesday June 8, 7:00 am ET
HAMMONTON, N.J., June 8 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX - News), a developer of patented, Omni-Directional Technology with military and commercial applications, announced today that OTC Financial Network, a division of National Financial Communications Corp., has issued an updated, strongly favorable InvestorFacts report on the Company. The report includes a profile of Airtrax's patented technology, innovative product lines, competitive advantages, growth strategies and investment considerations. Interested parties can view the report online at http://www.otcfn.com/aitx/report.html or call 781-444-6100 for reprints.
Geoffrey Eiten, publisher of the OTC InvestorFacts report, stated, "Airtrax continues its exciting transition from development to commercialization phase. The Airtrax Sidewinder(TM) Omni-Directional Lift Truck ATX-3000, Airtrax-MEC Cobra(TM) aerial work platform and the MP2(TM) Mobility Platform are the industry's first omni-directional vehicles using patented Airtrax wheels. The Company believes its vehicles are safer, easier to operate and cost less to build compared to multi-directional and standard lift truck vehicles, while they also offer a greater variety of commercial and military uses."
Eiten added, "Through a highly competitive product line, global distribution strategy and focus on building its production capacity through the Filco GmbH (formerly Clark Material Handling Co. of Europe) pending acquisition in Germany and new facilities in the USA, Airtrax anticipates to build a strong revenue base in 2005, creating the foundation for future profitability and increased shareholder value."
About OTC Financial Network
Since 1992, OTC Financial Network has provided consulting services and customized, proactive investor relations campaigns to more than 500 small/micro-cap public companies. OTC Financial Network designs and implements results-driven direct mail, electronic marketing, shareholder communications and other programs to increase market awareness on behalf of its clients. A partnership with OTC Financial Network can improve a company's shareholder communications channel, facilitate capital formation opportunities, create an expanding and diversified base of institutional and retail shareholders, and garner financial media coverage. OTC Financial Network is a division of National Financial Communications Corp. based in Needham, MA. For more information visit http://www.otcfn.com and http://www.nationalfc.com.
About Airtrax, Inc.
A U.S.-based developer of omni-directional technology, Airtrax designs and manufactures omni-directional vehicles. The Airtrax 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. 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 .
Disclaimer: OTC InvestorFacts, published by National Financial Communications Corp., endeavors to supply its readers with sound opinions and advice based on its analysis of publicly available information from sources believed to be reliable, but makes no representation as to its accuracy or completeness. Opinions and advice of OTC InvestorFacts are not based upon individual needs or investment objectives of readers nor are they an offer to buy or sell securities. National Financial Communications Corp. and the publisher of OTC Investor Facts have received fees and compensation from the featured company, including a monthly fee of five thousand dollars per month, paid in cash. National Financial Communications Corp., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold or sell a position in the securities mentioned in its profiles. Upon request, the Company can furnish specific information in this regard. For full disclosure information, visit http://otcfn.com/aitx/disclaim.html.
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.
For more information, contact:
OTC Financial Network
Gary Geraci
617-723-2373
http://www.otcfn.com/aitx
garyg@otcfn.com
________________________________________
Source: Airtrax, Inc.
Back
|
|
|
|
|
|
|
