NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Amerex Group, Inc. (OTC:AEXG) (BULLETIN BOARD: AEXG) , the New York based hazardous waste transportation and logistics firm is announcing they are putting their Pryor, Oklahoma property up for sale for $3,000,000. Since the purchase of the property in 2006, 1,000 tons of stainless steel, 41 tons of copper and 4,000 tons of carbon steel will have been removed. This process is expected to be completed by September 6, 2007. Proceeds from the salvage of these materials have exceeded the purchase price of the property and asbestos removal costs, as planned. The Company is also on schedule to complete the abatement of asbestos which is a prerequisite to negotiate a favorable price in selling the property. Nicholas Malino, CEO of Amerex Group states, "We were fortunate that two great neighbors, in the form of Google and Pepsico are moving into the industrial park near the Pryor facility, and have caused significant increases in value to the nearby properties." About Amerex Group Amerex Group, Inc. is a hazardous waste transportation and logistics firm with capabilities to provide emergency response to environmental emergencies. The Company has multiple facilities including a hazardous waste treatment, storage and disposal facility licensed under the Resource Conservation and Recovery Act Part B and a trucking fleet to transport hazardous waste throughout the USA. Amerex is headquartered in New York City with its administrative headquarters in Tulsa, OK. DATASOURCE: Amerex Group, Inc. CONTACT: Nicholas Malino of Amerex Group, Inc., +1-212-508-4754; or Investors, Connie Schadewitz of Catalyst Financial Resources, LLC, +1-360-828-8601, for Amerex Group, Inc. Web site: http://www.amerexcos.com/

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