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Non-Tech : Under $0.10 stocks

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From: jmhollen4/18/2006 8:30:00 AM
   of 243
 
ACHI -- Richard H. Rossmann Appointed President of AmeriChip Automotive Inc.

PLYMOUTH, MI -- (MARKET WIRE) -- 04/18/06 -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) is pleased to announce that Richard H. Rossmann has accepted a position on its Board of Directors effective immediately and has been appointed President and CEO of AmeriChip Automotive Inc. ("AAI"), a wholly owned subsidiary of AmeriChip International Inc. (www.americhiplacc.com ).


Mr. Rossmann has also assumed the responsibility of Executive Director of Manufacturing of AmeriChip International Inc. Mr. Rossmann's main focus will be new business development and manufacturing implementation using his extensive contacts throughout the automotive industry, worldwide.

Mr. Rossmann was part of the executive team that rebuilt Chrysler's ailing manufacturing structure in the early 1980s. In the 1990s, Richard Rossmann was hand picked by Richard E. Dauch, Co-Founder, Chairman and Chief Executive Officer of American Axle & Manufacturing to lead the manufacturing revitalization as Vice President of Manufacturing for the multi-billion dollar former General Motors driveline division.

Mr. Rossmann attended Penn State's MBA School of International Business. Mr. Rossmann has spent over 30 years designing and building world-class manufacturing operations in six countries on four continents for such companies as Chrysler and American Axle. For the last decade, Mr. Rossmann has owned Symtec, Inc., a manufacturing systems technology company providing consulting expertise for major manufacturing, acquisition and joint venture projects for Fortune 100 companies.

Mr. Rossmann currently is an owner/operator of precision machining manufacturing companies in Michigan and Indiana.

Mr. Rossmann, on accepting the position, stated: "My belief is that AmeriChip's LACC technology will revolutionize the machining of automotive parts and has the real potential to revitalize the industry. I am proud to be a part of this effort."

Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented 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.

For more information, visit our website at www.americhiplacc.com or, contact R. Windsor at 905-898-2646 or, send an e-mail to r.windsor@americhiplacc.com.

For more information:
www.americhiplacc.com
or contact:
R. Windsor
905-898-2646
r.windsor@americhiplacc.com.

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