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American Ammunition Received Import Permit From the Government of Colombia.


Business Editors

MIAMI--(BUSINESS WIRE)--June 3, 2002

American Ammunition (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AAMI AAMI Association for the Advancement of Medical Instrumentation
AAMI Age Associated Memory Impairment
AAMI American Ammunition, Inc (stock symbol)
AAMI Australian Associated Motor Insurers Limited
AAMI African-American Male Initiative
) has received an import permit from the Government of Colombia for initial testing of its products. The tests are in response to sales efforts initiated by its exclusive sales representative, Imdicol, Ltda. and are a required step in the process for approval of AAMI products for sale in Colombia.

"We are very encouraged by the favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 and expeditious ex·pe·di·tious  
adj.
Acting or done with speed and efficiency. See Synonyms at fast1.



ex
 response from the Colombian government through our recently appointed exclusive representative Imdicol Ltda.," stated Andres Fernandez, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AAMI.

For further product information, please call 305/835-7400 or visit the website at: http://www.a-merc.com For Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 information, please call toll free: 1-800-288-7499 or e-mail: info@dpmartin.com

This release contains statements that constitute 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.
 within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 3, 2002
Words:301
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