American Fire Retardant Corp. Announces Contracts OTCBB:AFRC ,
 SAN DIEGO--(BUSINESS WIRE)-October 24, 2001--American Fire Retardant Corp. =
(OTCBB:AFRC),(www.americanfireretardant.com), a fire protection company tha=
t specializes in fire prevention and fire containment for the safety of liv=
es in our community and businesses, announced today that the Company has st=
arted the mobilization to start fireproofing Barona Hotel and Casino in Cal=
ifornia and Neiman Marcus in Florida and also the successful completion of =
a $278,000 contract for fireproofing the Sheraton Hotel in Petaluma, CA.  T=
he total value of the contracts for those three jobs is $808,000.

The Barona Hotel and Casino, with a contract value of $425,000, should be a=
 very profitable job due to the fact that it is less than seven miles from =
AFRC's headquarters, thus avoiding all travel costs normally involved with =
jobs of this size.

Mr. Owens also stated that the Company is presently working on several othe=
r small projects in at the same time in Florida, Colorado, and Texas.
"American Fire Retardant's goal and objective concurrent to building shareh=
older value is to achieve industry dominance with our products and technolo=
gy in North America and abroad," stated American Fire Retardant Corp. Presi=
dent Stephen Owens.

According to the National Fire Protection Agency (NFPA) a fire occurs somew=
here in the United States every 18 seconds, resulting in an injury every 23=
 minutes and a death every 130 minutes.
About American Fire Retardant Corp

American Fire Retardant Corp. is in the business of developing, manufacturi=
ng and marketing a line of interior and exterior fire retardant chemicals. =
The Company provides fire resistive finishing services through its "Textile=
 Processing Center" for commercial users.
American Fire Retardant Corp. also designs new technology for future fire r=
esistive applications that are being mandated by local, state and governmen=
tal agencies. Additionally, the company is active in the construction indus=
try as sub-contractors for fire stop and fire film installations.

Safe Harbor for Forward-Looking Statements: Except for historical informati=
on contained herein, the statements in this new release are forward-looking=
 statements that involve risks and uncertainties and are made pursuant to t=
he safe harbor provisions of the Private Securities Reform Act of 1995. For=
ward-looking statements involve known and unknown risks and uncertainties, =
which may cause the Company's actual results in the future periods to diffe=
r materially from forecasted results.

CONTACT: Stephen Owens- President American Fire Retardant Corp.  Tel: 619-3=
90-6883.

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 Compensation: Milehigh PR has been paid a fee of  150,000 shares of free t=
rading stock for publishing information on American Fire Retardant Corporat=
ion.






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