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[QUOTE]Originally posted by YellowSubmarine: [QB] ACHI --- It would be wise to find out what it's all about: AmeriChip International Inc.'s wholly owned subsidiary AmeriChip Ventures, Inc. (AVI) is the owner of the rights and interests in all U.S. patents forming the "Laser Assisted Chip Control" technologies. The inventor, Edward Rutkowski, who is also a board member and active in the operation of the Company, was granted patents on April 6, 1993 and January 25, 1995 entitled "Method for controlling length of metal chips." AmeriChip, Inc. was formed to hold the patents and granted AVI the exclusive license to make, use and sell products covered by the foregoing patents. The patented process seeks to solve the creation and subsequent handling of long stringy metal "chips" which have been a long-standing problem in the machining industry. The chip control problem adds additional cost when highly automated gauging, tooling and material handling (robots) is introduced. "Chips" are the stringy metal shavings that are created when using a cutting tool to remove metal. The long winding shards or ribbons of razor sharp steel wrap around cutting tools, the machine, the gauging and inhibits the robotics from removing the part. Millions of dollars have been spent annually, for years, on chip groove technology and coolants with no verifiable and consistent success in resolving these inherent problems. The use of coolants on machined parts has resulted in expensive, messy and environmentally unfriendly workplaces, that can take some plants as much as one shift per week to properly evacuate the system. The conventional answer to the problem has been to slow the process down so that the chips can be controlled. In fact, even slowing the process down does not resolve the problem. Often the automatic gauging and robotics must be completely turned off because the chips are tangled around the part. AmeriChip has solved the problem. Its patented Laser Assisted Chip Control process provides the solution as well as substantial benefits and cost savings as follows: * Reduction in down time that is mandatory when machining in the traditional manner to remove chips that clog parts, tools and the machine base. * Elimination of coolant requirements and the costs associated with handling and disposing of the coolant. * Enhances safety in the workplace. * Improves productivity with greater use of automated machinery and robotics. * Utilizing the LACC process provides opportunity to reduce cost per unit * Through consistent chip control, tool life more predictable. * Environmentally friendly. Coolant usage to chip control length is not required when using LACC process. http://www.americhiplacc.com/ http://quote.barchart.com/texsnap.asp?sym=ACHI http://www.pcquote.com/stocks/news.php?symbol=achi . [/QB][/QUOTE]
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