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Non-Tech : Under $0.10 stocks

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From: jmhollen8/29/2006 4:27:30 PM
   of 243
 
AmeriChip International Inc. Receives a Contract From The Ford Motor Company

PLYMOUTH, MI, Aug 29, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTCBB: ACHI) announced that it has received a contract from The Ford Motor Company for application of the Company's Laser Assisted Chip Control technology for production parts.


"The receipt of this contract for the manufacturing of transmission drum assembly components is the first step in establishing a foundation within Ford to integrate our LACC technology on to their floor with a view to reducing their manufacturing production costs. AmeriChip has been working closely with Ford for some time and this order is the result of the hard work and dedication of the AmeriChip engineering and sales team along with Ford Powertrain Advanced Manufacturing Technology Group," stated Rick Rossmann, President, AmeriChip Automotive Inc.

"Ford's purchase order strengthens the Company's belief that the industry is recognizing the value of the LACC Technology as a means of assisting them in establishing their cost cutting initiatives," Rossmann concluded.

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.

Contact:
R. Windsor
905-898-2646
r.windsor@americhiplacc.com www.americhiplacc.com
SOURCE: AmeriChip International Inc.
CONTACT: mailto:r.windsor@americhiplacc.com
americhiplacc.com

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