AmeriChip International Inc. Prepares for Production18 December 2005
The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that the Company has placed an order for a Mazak 350M machining center in preparation for conducting limited production runs. This equipment will assist the Company in the final verification process of a customer's part and serve as interim manufacturing equipment to handle limited production runs until such time as a full complement of production equipment is on the floor at KSI Machine. Further, by expanding our test facility with the addition of this equipment, we will be able to conduct comparative production studies that will illustrate the value and cost savings of our Laser Assisted Chip Control technology (LACC) to a customer with respect to a specific part.
The Company has completed preparation of its facility to accept orders for production runs in the first quarter of 2006 as a result of successful trials on specified automobile parts. The Company has been informed that substantial orders are in process. During the initial machining process conducted for both OEM's and Tier One suppliers, AmeriChip proved that it successfully and unequivocally machines steel parts using a "dry" process which substantially reduces the cost of machining automobile parts. The Company's patented LACC technology enables automakers and their suppliers to dry machine parts totally eliminating the need for expensive and problematic coolant on specific parts where it is proven that dry machining can be used. The industry refers to this technology as Green Machining as it is both environmentally friendly within and without the workplace.
Highlighted Links AmeriChip International Inc.
"Over the past 21/2 years," stated Marc Walther, President, "our Company has strived to achieve recognition of our technology and its acceptance within the automotive industry. We will see revenue generation in the first quarter of 2006 based on the significant progress we have made in the last three months with both OEM's and major Tier One suppliers."
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com Windsor at 905-898-2646 or, send an e-mail to r.windsor@americhiplacc.com.
This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, the Risk Factors set forth in its Registration Statement on Form SB-2 (File No. 333-119331).
For more information, visit our website at www.americhiplacc.com Windsor 905-898-2646 r.windsor@americhiplacc.com. SOURCE: AmeriChip International Inc.
Source: marketwire
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