AmeriChip Tool and Abrasives represents four new lines
DETROIT, MI, Sept. 20 -- Ed Rutkowski, President of AmeriChip Tool and Abrasives (OTC- BB ACHI) is pleased to announce the Company has secured the rights to represent four new lines. They include Morse Cutting Tools, (www.morsecuttingtools.com) Superion, Inc., (www.superioninc.com) KEO Cutters, (www.keocutters.com) and Mitutoyo Gages (www.mitutoyo.com). The representation of these lines will generate an additional $300K - $500K in sales in the next 12 months for AmeriChip International's wholly-owned subsidiary, AmeriChip Tool & Abrasives.
Morse Cutting Tools is a world-renowned American manufacturer of solid carbide drills, end mills, reamers and countersinks. "The choice of representing the Morse line of products is in keeping with the Company's policy to offer the highest quality products it can to its customer base and to use American suppliers where possible. This is part of the Company's commitment to "Keeping Jobs in America for Americans" stated Ed Rutkowski.
Superion,Inc. is a manufacturer of special carbide drills, end mills and reamers. This line of products enhances the Morse line as they can produce large and small lots of tooling at an affordable price in a very timely manner.
KEO Cutters was chosen, as it is the largest manufacturer of high-speed center drills and key seat cutters.
The Company is particularly pleased to be representing the Mitutoyo Corporation, which is a world leader in the manufacturer of gages and measuring devices.
The Company would like to confirm that Pacific Stock Transfer of Las Vegas, NV is and always has been our transfer agent of record.
Headquartered in Detroit, Michigan, U.S.A., AmeriChip International Inc. 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 assurance 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.