Seco-Carboloy Awards Expanded Territory to AmeriChip Tool and Abrasives
PLYMOUTH, Mich., Jul 13, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors
of AmeriChip International Inc. (the Company) (OTCBB: ACHI) is pleased to
announce that Seco-Carboloy ("Carboloy") has awarded an expanded territory in
the state of Michigan to the Company's wholly owned subsidiary, AmeriChip Tool
and Abrasives ("ATA") as a direct result of successful representation of the
Carboloy line of machine tools since July 2004.
ATA has experienced increased sales over the past two months which will be
reflected in our 10Q due to be filed on July 15th. Mr. Tom Frasier, ATA's vice
president of sales, said, "In order to take advantage of the opportunity to
maximize its sales objectives afforded by the new territory, the Company intends
to expand its sales force. The addition to our sales force will allow us to be
very competitive in a $35 million industry."
As previously reported, the Company is working closely with Carboloy in its
on-going efforts to assist AmeriChip's customers in maximizing cost savings in
all aspects of metal removal in the machining of their parts. The Company's
relationship with Carboloy centers around machine time studies as they relate to
throughput and tool evaluations upon the implementation of the Company's Laser
Assisted Chip Control technology.
Headquartered in Plymouth, MI, AmeriChip International Inc., a process
technology company, 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 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.
SOURCE: AmeriChip International, Inc.
By Staff
CONTACT: AmeriChip International Inc.
R. Windsor
905-898-2646
r.windsor@americhipintl.com
www.americhipintl.com
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