AmeriChip International, Inc. Achieves a Major Production Order Milestone
Wednesday March 12, 12:31 pm ET
CLINTON TOWNSHIP, Mich., March 12, 2008 (PRIME NEWSWIRE) -- AmeriChip International, Inc. (OTC BB:ACII.OB - News) announced today is it has secured a long term production order from a blue chip customer.
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One of AmeriChip's strategic objectives is to secure long term production orders, which generate recurring top line revenue from blue chip customers.
A recurring production order means that blue chip customers have confidence in management's ability to manage critical production business over the longer term.
In that strategic context, AmeriChip is pleased to report that it has secured its first long term, recurring revenue production order from a major customer.
This particular customer manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide.
The production order is for $1 million over a two year period. Deliveries are expected to start April 1 and continue for 24 months.
Headquartered in Clinton Township, MI, USA, AmeriChip International, Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, which can be used to re-engineer the manufacturing process for industrial metal machining applications. AmeriChip is committed to keeping jobs in America for Americans. |
