CLINTON TOWNSHIP, Mich., March 12, 2008 (PRIME NEWSWIRE) -- AmeriChip International, Inc. (OTCBB:ACII) announced today is it has secured a long term production order from a blue chip customer.
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.
For more information, visit our website at www.americhiplacc.com or, contact Rhonda Windsor at 905-898-2646 or, send an e-mail to r.windsor@americhiplacc.com.
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.