AmeriChip International Inc (ACHI)

Current Price: 0.037

Does it Sound New and Exciting to You? Watch This One Trade Wednesday.

Press Release!!
The Board of Directors of AmeriChip International Inc. is pleased to announce 
that it has reached a major milestone after the completion of five (5) months 
of extensive testing with a major Fortune 500 automotive parts manufacturer.
AmeriChip International has been working diligently with process engineering in 
the transmission division and is preparing quotations for the machining of the 
first of several parts. These trials have been conducted in the manufacturing 
plants and the laboratory of strategic partners, GSI Lumonics and Seco-Carboloy 
with a view to producing less expensive parts. As a result of the LACC process, 
AmeriChip has successfully substantiated that it can significantly lower the 
manufacturing cost per piece.
Marc Walther, CEO of AmeriChip stated, ``I am very confident that we are at the 
beginning of a rapid growth phase for the AmeriChip, and I am also confident 
that we will see an increasing revenue stream leading to profitability. The 
customer has formed an implementation gr0up to adapt the LACC process as part 
of a core technology embracing AmeriChip's LACC process for long chip producing 
materials. Over the next several months, AmeriChip will continue to provide 
time studies and quotations on the machining of many different component parts 
for manufacturing in AmeriChip's licensed plants. The customer has identified 
significant cost s a vings in thru put, cost reduction by the elimination of 
coolant as it relates to dry machining, scrap reclamation and overall handling, 
capital equipment investment per part number, reduced tool cost and the amount 
of labor required to produce machined parts.''
Headquartered in Plymouth, MI, AmeriChip International Inc., a process 
technology company, 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 s a vings 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.
About the Company
AmeriChip International Inc., through its wholly owned subsidiary AmeriChip 
Ventures, Inc. has developed a patented technology, supported by 15 years of 
engineering, designed to eliminate the long and often dangerous ribbon-like 
steel chips that tangle around moving tool parts, automation devices and other 
compontents essential to the machine processing of low to medium grade carbon 
steels and non-ferrous metals. The result of this process is a superior 
product, manufactured in a safer working environment, avoiding many of the 
health and safety issues associated with traditional metal processing 
methodologies, while offering potential cost s a v i n g s int the billions of 
dollars.

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