AmeriChip International Taking Delivery of Its Precision Robot and GSI Lumonics Production Laser.PLYMOUTH, Mich. -- The Board of Directors of AmeriChip International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ACHI ACHI Arkansas Center for Health Improvement ACHI International Conference on Advances in Computer-Human Interaction ) is pleased to announce that it has received the robot and various component parts of its GSI GSI - Gensym Standard Interface Lumonics Production Laser. The Company has made its final payment on the laser and the robot valued at approximately $230,000. GSI Lumonics, has informed the Company to expect delivery of the main laser unit before the end of the month. The GSI Production Laser is a state of the art laser, constructed according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. AmeriChip's specifications necessary to implement the 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 technology using this laser and robot system. GSI Lumonics lasers are manufactured and shipped from England. "This type of system can be used in conjunction with material handling equipment to produce a varied range of parts." stated Marc Walther, President of AmeriChip International Inc. "This will allow us to not only run trial parts at the GSI Lumonics facility, but will also strengthen our capacity to run limited production at any future AmeriChip facility." The Company is currently sourcing quotations on new and used (rebuilt) turning centers for short and long term production. When the quotations are complete, we will be in a position to issue purchase orders for production equipment with capacity to run limited production that transitions into long run production. As part of our new alliance with Seco-Carboloy, AmeriChip is in the process of sending pretreated parts to their Warren, Michigan Warren is a city in Macomb County in the U.S. state of Michigan. As of the 2000 census, the city had a total population of 138,247, making Warren the largest city in Macomb County, the third most populous city in Michigan, and Metro Detroit's largest suburb. production lab with the purpose of providing us with additional detailed data on machining cost per piece. This includes testing optimal speeds, feed rates and tool types. This relationship will strengthen the ability for AmeriChip to quickly evaluate a customer's part combined with the LACC process and the optimal parameters in a simulated production environment. Mr. Richard Zyla, VP Process Implementation, has completed training on the Laser and Robot which increases our ability to transition orders from the lab to production. 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. |
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