IIMC news:
Thursday July 13, 11:50 am Eastern Time
Company Press Release
SOURCE: AmEurotech Corporation
AmEurotech Expands to the United States
CHARLOTTE, N.C., July 13 /PRNewswire/ -- American Holding Corporation dba AmEurotech Corporation announced today more details of its operations. AmEurotech is a growing leader in the design, manufacture, sales, and service of multimedia kiosks, also referred to as public information terminals. The company is a top to bottom provider, from design to manufacture of the finished product. AmEurotech has an established software development team that has developed proprietary software for the gaming industry. They have pioneered the first PC-based interactive kiosks for the gaming industry with 3-dimensional games based on their own 3D engine called NOA(TM) and hardware design. In the multimedia market they have provided kiosk hardware solutions for companies including Computer Associates, McLaren Racing, Ticket One, and Megatronica Group s.a. The applications for their products range from gaming, informational kiosks, video music boxes, and the point-of-sale marketplace.
The market is growing at a fast pace. The total North American electronic games market value will have risen to $5.8 billion by the year 2002, according to Datamonitor. The European games market in its entirety comprises console hardware and software and PC software. This market will reach $4.8 billion by the end of the year 2000 due to increased awareness, earlier exposure to computing media and the interest of the current games community.
AmEurotech has researched this market over the last three years and has positioned itself to be a leader in its field with 3-dimensional software and hardware that is adaptable to many applications.
American Holdings Coporation dba AmEurotech Corporation is a North Carolina based software and hardware technology company with $6.5 million in tangible assets and has ongoing business in Greece, Spain, the United Kingdom, and is currently expanding its business into the United States and South America. The company's net earnings for fiscal 2000 are projected at $1.5 million dollars with projected earnings for 2001 to between $20 million and $25 million.
AmEurotech dba American Holdings Corporation has entered into its second phase of completing its merger with Internet Multimedia Corporation (OTC Bulletin Board: IIMC - news).
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