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bauer
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Press Release Source: AmeriChip International Inc.


AmeriChip International Inc. receives purchase order from the Ford Motor Company
Thursday August 12, 9:25 am ET


DETROIT, MI, Aug. 12 /PRNewswire-FirstCall/ - The Board of Directors of AmeriChip International Inc. (OTC-BB ACHI) is pleased to announce that it has received a purchase order from The Ford Motor Company's (NYSE-F) Sharonville, Ohio plant to run trials in preparation for a quotation for the application of the pre-machining Laser Assisted Chip Control (LACC) process on a transmission planetary carrier.
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Such "proof of concept" trials are an industry mandated prerequisite to assessing the feasibility of integrating and interfacing the LACC process in the machining of specified parts in a strictly controlled environment. Once the procedure has been completed and the quotation for a major order is approved, the Company will proceed to the production phase. The AmeriChip LACC process for chip control is a redefined alternative to traditional chip control processes used by The Ford Motor Company.

The Company has engaged the services of its wholly owned subsidiary, AmeriChip Tool and Abrasives, engineering department to prepare the CAD-CAM drawings necessary to run the trials. Ed Rutkowski, President of AmeriChip Tool and Abrasives, stated that the trials will be completed within 2 weeks when a final quotation will be submitted to The Ford Motor Company.

Headquartered in Detroit, Michigan, 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.

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, without limitation, in conjunction with those forward looking statements contained in this release.


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Source: AmeriChip International Inc.


Posts: 593 | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
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In at .06 Looks great!
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
lilpennypincher
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This is great news. Got my order in but nothin' yet.
Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
   

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