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International American Technologies, Inc., Announces Sales of Its Products to the U.S. Military and the Military of Other Countries Wednesday June 14, 3:38 pm ET
KEMAH, Texas--(BUSINESS WIRE)--June 14, 2006--International American Technologies, Inc. (Pink Sheets:IMTG - News) is a subsidiary of American International Industries, Inc. (OTCBB:AMIN - News). Mr. Carl Hammonds, President of IMTG's wholly-owned subsidiary Hammonds Technical Services, Inc. ("Hammonds"), today reported the update on certain products manufactured by Hammonds. Mr. Hammond stated that Hammonds has delivered five (5) JP-8 fuel additive carts to its Middle Eastern representative for use in the Egyptian Air Force. This delivery will mark the second such shipment of specialized fueling carts designed to transform standard Jet-A aviation fuel into the JP-8 military specifications. The carts will be used to service military aircraft in Egypt as well as transient military aircraft from other countries including the United States. The net order totaled $130,039.
Originally designed for the United States Air Force, Hammonds was the first manufacturer to provide multiple additive injection capability for military fuel in 1985 and has remained the single source for such equipment around the world. These Mode AC JP-8 fueling carts are self contained, providing these additive supplies, fueling connections, hoses, and an exclusive Hammonds' fluid powered injector that has been the world standard for stationary and portable military fuel production. The injector portion of these carts is the same used in United States Air Force, Army and Marine injectors. Hammonds is currently providing multiple additive systems as part of several long term provision requirements for the United States Army.
The matters discussed in this release contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended that involve risks and uncertainties. All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those that we may anticipate in each of our segments reflected by our subsidiaries' operations include without limitations, continued acceptance of the Company's products and services, increased levels of competition, new products and technology changes, the dependence upon financing, third party suppliers and intellectual property rights, the rules of regulatory authorities and risks associated with any acquisitions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof.
Contact:
International American Technologies, Inc. Investor Relations: Rebekah Ruthstrom, 281-334-9479 rruthstrom*americanii.com
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