AmeriChip International Inc. Provides Update on the Ford Motor Company Trials.PLYMOUTH, Mich. -- The Board of Directors of AmeriChip International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB-ACHI) is pleased to provide an update on the trials conducted by the Company on a transmission part for The Ford Motor Company, (NYSE-F) Sharonville, Ohio Sharonville is a city in Butler and Hamilton counties in the U.S. state of Ohio. The population was 13,804 at the 2000 census. Geography Sharonville is located at (39.281259, -84.397253)GR1. plant. In August 2004 the Company announced that it had received a purchase order to run trials based on a quotation the Company submitted for the application of the Laser Assisted Chip Control (LACC LACC Los Angeles City College LACC Los Angeles Convention Center LACC Latin American and Caribbean Center (Florida International University) LACC Los Angeles College of Chiropractic LACC Local Aid Coordination Committee ) process on a transmission part. Approximately two thirds of the way through the trials, Ford asked that the Company postpone post·pone tr.v. post·poned, post·pon·ing, post·pones 1. To delay until a future time; put off. See Synonyms at defer1. 2. To place after in importance; subordinate. the trials until such time as a new line of machines ordered by Ford was installed, running and qualified at their plant. The machine manufacturer has recently delivered the machines which were ordered by Ford in the fall of 2004. AmeriChip has been informed by the Ford engineer, with whom the Company has maintained regular contact over the past six months, to be ready to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... the testing for the qualification portion of the trials in approximately one month. The delay in this trial confirms the importance of the Company securing Tier One supplier status. As a Tier One supplier, AmeriChip can quote on a part to be manufactured at a lower cost by producing a finished product in our own AmeriChip facility using the LACC process. AmeriChip is, however, in a position to finalize these trials upon notification from Ford using our new production laser and robot. We believe we can produce the LACC process on production quantities of parts for Ford. Headquartered in Plymouth, Michigan Plymouth is a city in Wayne County of the U.S. state of Michigan. The population was 9,022 at the 2000 census. The city is located within Plymouth Township, but is politically independent. , 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 abrasives Sharp, hard materials used to wear away the surface of softer, less resistant materials. Abrasives are indispensable to the manufacture of the highly precise components and ultrasmooth surfaces required in the manufacture of automobiles, airplanes and space 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.americhipintl.com or, contact R. Windsor at 905-898-2646 or, send an e-mail to r.windsor@americhipintl.com. This release may include projections of future results and "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " as that term is defined in Section 27A of the Securities Act of 1933 as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. (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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion