"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.
This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
Contact: R. Windsor 905-898-2646 Email Contact www.americhiplacc.com