Amerityre Corporation Announces Going Concern Opinion per Nasdaq Rule 5250(b)(2)

BOULDER CITY, Nev., Oct. 5 /PRNewswire-FirstCall/ -- Amerityre Corporation
(Nasdaq: AMTY) today announced, as required by Nasdaq Marketplace Rule
5250(b)(2), that its previously filed consolidated financial statements for
the fiscal year ended June 30, 2009, included in the Company's Annual Report
on Form 10-K filed with the Securities and Exchange Commission on September
28, 2009, contained a going concern qualification from its independent
registered public accounting firm. Nasdaq Marketplace Rule 5250(b)(2) requires
separate public disclosure of a previously issued audit opinion that contains
a going concern qualification. This announcement does not represent any change
or amendment to the Company's fiscal year 2009 financial statements or to its
Annual Report on Form 10-K.

For more information on Amerityre, visit its website at www.amerityre.com

This release may contain statements that are forward-looking. Such statements,
including those related to the prospects for and/or the benefits of
Amerityre's technology, materials, license and/or development agreements are
made based upon current expectations that are subject to risks and
uncertainties. Such risks and uncertainties include the factors discussed in
our Annual Report on Form 10-K for the year ended June 30, 2009, as well as
Forms 10-Q and other filings with the Securities and Exchange Commission.
Amerityre does not undertake to update forward-looking statements in this news
release to reflect actual results of and changes in assumptions or changes in
other factors affecting such forward-looking information.

Contact:
Amerityre Corporation

Mike Kapral
CEO and President
mkapral@amerityre.com

Anders Suarez
Chief Financial Officer
asuarez@amerityre.com

SOURCE Amerityre Corporation

Mike Kapral, CEO and President, mkapral@amerityre.com, or Anders Suarez, Chief
Financial Officer, asuarez@amerityre.com, both of Amerityre Corporation,
1-800-808-1268