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Amerityre Announces International OEM Sales

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BOULDER CITY, Nev., Dec. 8 /PRNewswire-FirstCall/ -- Amerityre Corporation (Nasdaq: AMTY), a leading manufacturer of polyurethane flat proof tires, today announced that it has secured sales to a major OEM manufacturer of track systems for Utility Terrain Vehicles through Amerityre's licensed Canadian distributor, Flat Free Tires Inc. The track system is the latest technology for use in the four wheel utility market.

The Amerityre product is used in the track system to improve reliability and provide maximum shock absorption for improved ride quality. The new track product was successfully tested earlier this past year and is now in production. The company's original sales forecast has doubled twice due to the greater than expected market acceptance of the new track system. The company anticipates the annual usage for this track system will grow to 100,000 tires annually over the next couple of years. The company also stated they will be applying this new system to other recreational vehicle products later next year which may further increase their annual usage.

As announced in its 2009 Annual Shareholders' Meeting, Amerityre intends to continue to increase its international sales of its polyurethane foam tire products. "As part of our 2010 sales and marketing plan, we are determined to aggressively seek international sales opportunities and make every effort to increase our presence internationally", said Mike Kapral. "The sales in Canada represent the first of many opportunities that we anticipate will result from our marketing efforts."

About Amerityre Corporation

Since 1995, Amerityre (Nasdaq: AMTY) has pioneered the use of polyethylene material in the manufacture of flat proof tires in bicycles, mobility, industrial, lawn and garden and recreational tires. In 2003 we began development of our polyurethane Elastothane(TM) elastomer technology. This technology would allow us to ultimately develop a comprehensive line of tires and tire products based on polyurethane instead of rubber. These products include tire fill, solid tires, composite tires and pneumatic passenger vehicle tires.

For more information on Amerityre, visit its website at www.amerityre.com

This release may contain statements that are forward-looking. Such statements, including those related to the prospects for and/or the benefits of Amerityre's technology, materials, license and/or development agreements are made based upon current expectations that are subject to risks and uncertainties. Such risks and uncertainties include the factors discussed in our Annual Report on Form 10-K for the year ended June 30, 2009, as well as Forms 10-Q and other filings with the Securities and Exchange Commission. Specifically, sales estimates for the track system may not be met if market acceptance is less than anticipated. Amerityre does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information.

CONTACT: Mike Kapral of Amerityre Corporation, +1-702-293-1930, ext. 123

SOURCE Amerityre Corporation

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