Iacocca joins Amerityre´s advisory group

Former Chrysler Corp. Chairman and Ford Motor Co. President Lee Iacocca has joined Amerityre Corp.´s advisory board.

Iacocca will serve as the board´s chairman.

"In my 40 years experience in the automotive industry, Amerityre´s car tire technology has the most potential to change the industry as we know it," he says.

Also joining Amerityre´s advisory group is Joseph Grano Jr., current head of Centurion Holdings LLC and former chairman and CEO of UBS PaineWebber.

Amerityre manufactures polyurethane passenger tires.