AMERICAN INTERNATIONAL INDUSTRIES, INC.
(OTCBB: "AMIN")
601 CIEN STREET, SUITE 235, KEMAH, TX 77565-3077
Tel: (281) 334-9479 Fax: (281) 334-9508
www.americanii.com email: aiii@wt.net
FOR IMMEDIATE RELEASE
AMERICAN INTERNATIONAL INDUSTRIES’
subsidiary signs auto accessories
license agreement with
"MOTOR TREND"
Kemah, Texas – November_9, 2004 American International Industries, Inc. (OTCBB: AMIN) today announced that Northeastern Plastics, Inc. (NPI), a wholly owned subsidiary of AMIN, signed a license agreement to market the name "MOTOR TREND" for its automotive aftermarket products.
Marc Fields, President and COO of NPI, a leading supplier of automotive accessories and retail products to the automotive after-market and DIY marketplace, is very pleased with the new licensing agreement with MOTOR TREND Magazine, a division of Primedia, Inc. for the use of the MOTOR TREND name and logo on their entire NPI automotive after-market product assortment.
Mr. Fields stated "We are thrilled with our new partnership. We have a long history of supplying quality products to the automotive after-market and traditional DIY marketplace and we see an ideal fit for our many products with the MOTOR TREND branded product lines." NPI believes it will have a very strong positive response to the new NPI / MOTOR TREND program and is expecting a substantial increase in NPI’s revenues beginning in the first quarter of 2005.
American International Industries, Inc. is a growing holding company, with interests in Industry, Finance, Real Estate and a growing Oil & Gas segment. AMIN intends to pursue potential acquisitions using its financial resources and management expertise to grow acquired businesses, improve access to capital and achieve economies of scale, in order to improve revenues, operations and profitability. Periodically as opportunities present themselves, we may sell or merge the subsidiaries in order to bring value to the holding company and our shareholders.
Private Securities Litigation Reform Act Safe Harbor Statement:
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.
Investor Relations: Rebekah Ruthstrom Tel: 281-334-9479 email: aiii@wt.net