SAN DIEGO, Feb. 2 /PRNewswire-FirstCall/ -- Amistar Corporation (OTC:AMTA) (BULLETIN BOARD: AMTA) issued a statement today that it has reached a settlement agreement with Asteres Inc. As part of the agreement, the parties will dismiss the lawsuits with prejudice, and Asteres and DDN intend to be competitors. The terms of the confidential settlement agreement are subject to non-disclosure by all parties. About Amistar Corporation Amistar Corporation, formed in 1971, designs, develops, manufactures and sells automation equipment within a variety of industry segments including electronics, sports equipment, medical equipment, life sciences, RFID tag and plastic lens manufacturing and also provides product assembly, box-build and machine shop services to companies who outsource manufacturing operations. Amistar formed Distributed Delivery Networks Corporation ("DDN") in April of 2004 to market, install and service newly-developed innovative equipment to retail stores to enhance customer service and promote customer loyalty, while reducing store operating costs. DDN's APM(TM) (Automatic Product Machine) provides a convenient and secure way for patients to pay for and pick up their medications without having to wait in line at the pharmacy window. For more information visit Company websites at http://www.amistar.com/ and http://www.ddncorp.com/. This press release includes "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release regarding the company's strategies, plans, objectives, expectations, and future operating results are forward-looking statements. Although Amistar believes that the expectations reflected in such forward-looking statements are reasonable at this time, it can give no assurance that such expectations will prove to have been correct. Actual results could differ materially based upon a number of factors including, but not limited to, the state of economy, competition, unanticipated business opportunities, availability of financing, market acceptance, government regulation, dependence on key personnel, limited public market and liquidity, shares eligible for future sale, continuation and renewal of contracts and other risks that may apply to the company including risks that are disclosed in the company's Securities and Exchange Commission filings. (Logo: http://www.newscom.com/cgi-bin/prnh/20030613/AMISTARLOGO) http://www.newscom.com/cgi-bin/prnh/20030613/AMISTARLOGO http://photoarchive.ap.org/ DATASOURCE: Amistar Corporation CONTACT: Gregory Leiser of Amistar Corporation, +1-760-471-1700, Web site: http://www.amistar.com/ http://www.ddncorp.com/

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