American Aires Corporate Update

Written by Newsfile

Toronto, Ontario--(Newsfile Corp. - June 24, 2021) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") is pleased share an update after the first five months of the year.

Highlights:

Year over year revenue increase. For the same period in 2020, revenue increased by over almost 130% (unaudited figures).
New fulfillment center in California. Opening of a new warehouse in California able to fulfill most of the orders for West Coast of USA. This new location will be able to deliver customers faster, in 1-2 business days, for a very competitive cost, and significant saving on shipping.
New Chief Revenue Officer. Josh Bruni our new CRO will start officially working for Aires on July 1^st, 2021. He will be responsible for an organization's overall revenue strategy - growth plans, go to market strategy and new marketing initiatives.
Customer Service expansion. The Customer Service is expanding in July, by bringing new talents. As the sales are growing, Aires, stay focus on the Customer Service Excellence!

Aires continues to be committed and focused on building out their infrastructure, platform and management team as seen above in the summary. As one of the only (if not the only) technologies that protects people from the harmful effect of EMR, Aires continues to see exuberant growth and will continue to expand their business globally to become the leader in EMR protection.

Dimitry Serov, President and CEO commented, "Over the last two years, we have seen strong revenue growth and the validation from the consumer Aires products are in demand. The consumer realization the threat of EMR potential health risks, especially with the global rollout of 5G is dramatically increasing positions Aires uniquely to combat these health issues and protect the consumer."

About American Aires Inc. American Aires Inc. is a nanotechnology company which has developed proprietary silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation (EMR). The technology was developed by a team of highly credited scientists and confirmed by independent third-party validation including peer reviewed studies and publications in scientific journals. The technology specifically targets cellphones, computers, baby monitors, Wi-Fi radiation and general EMR emitted by consumer electronic devices. Aires has launched a full suite of consumer products under the brand name "Airestech" for use on almost all consumer electronic devices. The Company has adopted a global ecommerce and distribution platform that scales easily as sales grow. Since launching in 2019, Aires has enjoyed exuberant growth. The company has been aggressively building out their ecommerce platform which is now capable of delivering up to 10,000 shipments a day along with recent customer service center agreements. Strategically placed fulfillment centers have been secured to ensure prompt delivery around the globe (see PR Jan. 31, 2020).With the launch of 5G networks around the world, this year, we are seeing an increase of news, reports and leading health organizations discussing the potential harm of EMR and the importance of identifying solutions to reduce these harmful rays. Aires products are the solution. www.airestech.com ^[1]

On behalf of the board of directors

Company Contact

Dimitry Serov, CEOEmail: dimitry@airestech.comTelephone: (905) 482-4667Website: www.airestech.com ^[2]^[3]

For further information please contact:

Investor Cubed Inc.: Neil Simon, CEOEmail: wifi@airestech.com ^[4]Telephone: (647) 258-3310

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com ^[5]. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Not intended for distribution to United States Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of United States Securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88572 ^[6]

References

^{^} www.airestech.com (www.newsfilecorp.com)
^{^} dimitry@airestech.com (www.newsfilecorp.com)
^{^} www.airestech.com (www.newsfilecorp.com)
^{^} wifi@airestech.com (www.newsfilecorp.com)
^{^} www.sedar.com (www.newsfilecorp.com)
^{^} https://www.newsfilecorp.com/release/88572 (www.newsfilecorp.com)