Airtrax Expands International Market Presence by Signing Exclusive Distributorship with DTA of Spain
BLACKWOOD, N.J., May 19, 2006 -- Airtrax, Inc. (OTCBB: AITX), a developer of patented, Omni-Directional technology with military and commercial applications, announced today that the Company has sold and shipped two ATX-3000 SIDEWINDER(TM) omni-directional vehicles to Desarrollo de Tecnicas para Astilleros (DTA) of Spain. DTA, headquartered in Madrid, Spain, will be the exclusive distributor of Airtrax products in Spain. Established in 1972, DTA has been designing and manufacturing vehicles for heavy loads for more than 35 years and provides diverse heavy-load mechanical equipment to the aerospace, port, iron and steel industries.
During the 8th International Logistics & Material Handling Exhibition Show May 23rd through May 26th, 2006 in Barcelona, Spain, DTA will showcase the SIDEWINDER(TM) and other Airtrax Omni-Directional products. The SIL Exhibition is a conference for dealers and machinists from countries in southern Europe, the Mediterranean basin, Latin America and Southeast Asia.
"We plan to exhibit the SIDEWINDER at the 8th International Logistics & Material Handling Exhibition Show in Barcelona. This will be the first time Airtrax's SIDEWINDER vehicles will be displayed to dealers in Europe. We expect a very positive response to the first Omni-Directional vehicles," said Gonzalo de Sebastian, a representative of DTA.
"We have completed our operational setup and we anticipate that we will begin distribution over the next six months," stated de Sebastian. "Given the contacts and sales prospects we have in government and in private industries, in tandem with the SIDEWINDER'S debut at the International Logistics & Material Handling Exhibition Show, we expect our vehicles will generate a high level of interest for what we believe is their efficient and low-maintenance technology."
Peter Greenwood, Airtrax's Vice-President of Sales, stated, "We believe that we are continuing to establish points-of-presence all over the world. We believe that our relationship with DTA is in part due to the positive response our Omni-Directional vehicles are receiving globally. We are pleased that DTA will be representing us at the SIL Exhibition and anticipate participants at the show will see the benefits of our technology. Besides being approved by UL, Underwriters' Laboratories and ANSI, American National Standards Institute, the SIDEWINDER is CE approved for European sales."
In addition to receiving orders from Spain, Airtrax has received orders and shipped trucks to Panama, New Zealand, Canada, South Africa and has shipped to California, Ohio, New Jersey, Kentucky, Pennsylvania, and Wisconsin in the United States. Airtrax has dealers located in Western and Eastern Europe, Greece and the Balkans, Korea and Saudi Arabia.
To learn more about the SIL Exhibition in Barcelona, Spain May 23-26, 2006, please contact:
Gonzalo de Sebastian.C/ Joaquin Turina, 228224 Pozuelo de Alarcon (MADRID)Tel: 34-1-307-60-63Fax: 34-1-307-64-70Email: gonzalo@dta.es
About DTA: Established in 1972, DTA has been designing and manufacturing diverse engineering vehicles for heavy loads for more than 35 years and provides
heavy-load mechanical equipment to the aerospace, port, iron and steel industries. In addition to providing vehicles in Spain, DTA supplies vehicles to Central and South America including in Argentina and Chile. DTA owns part of Kalamar Spain, a Swedish manufacturer of handling container vehicles and forklifts. Additionally, DTA imports vehicles and transport systems to Spain including rolltrailers from Germany, air cushion transport systems from Belgium, special cranes from the United States and Germany, and gantrycranes from Italy for handling concrete and lifting boats.
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 www.airtrax.com.
For further information, contact:
Steve Koenigsberg516-398-8995skpublicrelations@yahoo.com/
