BOULDER CITY, Nev. (Oct. 26) — Amerityre Corp. has entered into a product development agreement with Genmar Holdings Inc., to design and develop prototype polyurethane "run-flat" boat trailer tires based on Amerityre´s proprietary technology and patented methods and processes to manufacture tires from liquid elastomers.
Amerityre estimates the time frame for completing the development project to be approximately six months. Subsequent to the successful completion of the development project and successful evaluation and testing by Genmar, the parties will move to an agreement that will allow the recreational boat builder to commercially manufacture "run-flat" boat trailer tires.
"We´re very pleased to be partnered with one of the world´s largest manufacturers of recreational boats," said Elliott Taylor, Amerityre executive vice president. "We believe Genmar´s interest in our polyurethane urethane tire technology is consistent with their overall reputation as the technology leader in the marine industry."
The "run-flat" trailer tire program is one of many polyurethane tire projects currently under development by Amerityre for highway and industrial applications. The Boulder City-based company uses proprietary technology and patented methods and processes to manufacture tires from liquid elastomers.