Airtrax Signs Exclusive Distributor Agreement with United Kingdom Company
BLACKWOOD, N.J., June 22 // -- Airtrax, Inc. (OTC Bullletin Board: AITX), a developer of patented, Omni-Directional technology with military and commercial applications, announced today that the Company sold and shipped two ATX-3000 SIDEWINDER(TM) omni-directional vehicles to Airtrax (UK) Limited with offices in Yorkshire, Merseyside and Chesire in the United Kingdom. Airtrax (UK) Limited will be the distributor of Airtrax products in the United Kingdom.
"We are very excited to introduce what we believe is the first groundbreaking and innovative technology introduced to the fork-lift industry over the last 100 years," said Stephen Gray, Marketing Director for Airtrax (UK) Limited.
"Airtrax (UK) Limited was established by Stuart Crowther, Stephen Hall and I to bring the revolutionary Airtrax SIDEWINDER and Omni-Directional technologies to the United Kingdom," continued Gray. "I believe that the material handling industry in the UK continues to grow and is consistently looking for methods to reduce maintenance costs and capitalize on warehouse space. I also believe the SIDEWINDER with its proven virtually zero maintenance and narrow-aisle capabilities will be attractive to our customers."
Peter Greenwood, Airtrax's Vice-President of Sales, stated, "Airtrax should benefit substantially by establishing points-of-presence across Europe and the world. Our Airtrax vehicles have been receiving positive responses nationally and internationally, as distributors continue to place truck orders, and we continue to deliver SIDEWINDERS globally. We are very pleased that Airtrax (UK) Limited will represent our Company in the United Kingdom and we believe that their contacts and customers will be receptive to Omni- Directional technology and its benefits for the material handling industry."
In addition to receiving international orders from the United Kingdom, Airtrax has received orders and shipped trucks to Spain, Panama, New Zealand, Canada and South Africa. Additionally, Airtrax has received orders and shipped trucks to Wisconsin, Arkansas, Florida, California, Ohio, New Jersey, Kentucky and Pennsylvania in the United States. Airtrax has dealers located in North America, Western and Eastern Europe, Greece and the Balkans, Korea and Saudi Arabia.
About Airtrax (UK) Limited:
Airtrax (UK) Limited was established by Stephen Gray, Stuart Crowther and Stephen Hall of the UK to bring the Airtrax SIDEWINDER(TM) and Omni- Directional technologies to the United Kingdom. Stuart Crowther, is based at the Yorkshire branch, is an established self-made businessman, and has vast experience in bringing in new products into the UK from all over Europe and America. Stephen Hall, is based at the Cheshire branch, and will run the logistics for the business, from import, pre-deliver Inspections and delivery. Stephen Gray, is based at the Merseyside branch and will undertake the Marketing & Dealer relationships throughout the UK & Ireland.
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 Cobra(TM) aerial work platform (AWP) are the world's first material handling 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:
At the Company:
Airtrax
Peter Amico
President
856-232-3000
pamico@airtrax.com
http://www.airtrax.com
