AmeriChip International, Inc. (OTCBB ACHI): through its wholly owned subsidiary, AmeriChip Ventures, Inc. is licensed to implement its' patented Laser Assisted Chip Control process ("LACC"). This process is designed to eliminate the "chip-control" problem inherent when steel parts such as axle and drive shafts, connecting rods, axle tubes and hubs are machined to a required specification. Website:http://www.americhiplacc.com/
PLYMOUTH, Mich., Jun 24, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTCBB: ACHI) announced that AmeriChip plans to enter into a license agreement with KSI Machine & Engineering, Inc. for the use of AmeriChip's Laser Assisted Chip Control technology. The Company's laser and robot delivered to the KSI facility is now operational. KSI and AmeriChip are also negotiating a joint venture relationship, from which AmeriChip will generate revenues from the application of its proprietary technology in a Tier One environment.
KSI (www.ksimachine.com) is a well-established Tier One Supplier Company based in Michigan. KSI is a leader in machining large industrial castings and molds for the automotive and aerospace industries utilizing state-of-the-art CNC machinery that has revolutionized die machining. The benefits of this advanced technology to customers include reduced machine time, unparalleled machining accuracy, and less time through try-out.
On June 20, 2005, the Company notified Cornell Capital that the Company will not be proceeding with the Standby Equity Distribution Agreement and would not be drawing down any common stock pursuant to the Standby Equity Distribution Agreement. The Board of Directors determined that this action was in the best interest of the shareholders and will prevent any further dilution to the current issued and outstanding shares.
Headquartered in Plymouth, Mich., 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.
For more information, visit our website at http://www.americhipintl.com or, contact R. Windsor at 905-898-2646 or, send an e-mail to r.windsor@americhipintl.com.
Seco-Carboloy Awards Expanded Territory to AmeriChip Tool and Abrasives
PLYMOUTH, Mich., Jul 13, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (the Company) (OTCBB: ACHI) is pleased to announce that Seco-Carboloy ("Carboloy") has awarded an expanded territory in the state of Michigan to the Company's wholly owned subsidiary, AmeriChip Tool and Abrasives ("ATA") as a direct result of successful representation of the Carboloy line of machine tools since July 2004.
ATA has experienced increased sales over the past two months which will be reflected in our 10Q due to be filed on July 15th. Mr. Tom Frasier, ATA's vice president of sales, said, "In order to take advantage of the opportunity to maximize its sales objectives afforded by the new territory, the Company intends to expand its sales force. The addition to our sales force will allow us to be very competitive in a $35 million industry."
As previously reported, the Company is working closely with Carboloy in its on-going efforts to assist AmeriChip's customers in maximizing cost savings in all aspects of metal removal in the machining of their parts. The Company's relationship with Carboloy centers around machine time studies as they relate to throughput and tool evaluations upon the implementation of the Company's Laser Assisted Chip Control technology.
Headquartered in Plymouth, MI, AmeriChip International Inc., a process 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.
SOURCE: AmeriChip International, Inc. By Staff CONTACT: AmeriChip International Inc. R. Windsor 905-898-2646 r.windsor@americhipintl.com http://www.americhipintl.com .
Here we are Aug 1st, the start of what is called "the dog days of summer" a month when the stock market is at its slowest and dullest.... So then why did our Americhip (OTCBB:ACHI) trade up 47% on huge volume of 5.3 million shares traded today? I can only hedge as everyone else is on the financial message boards. We know that NJ based Cornell Capital is no longer needed to help finance. Yes that was in fact announced several weeks ago.
Could there be a short squeeze? Well the OTCBB is not required to report short interest...So more hedging One thing for certain, and we all know that massive up volume speaks for itself. What is going on with our little baby Americhip? No clue here but you must admit its getting very exciting. I contacted the Companies IR firm last week with regards to conducting or 3rd interview and was told they are not ready at this time but that they will contact us after August.
Well my dear readers, if news or press should break we will forward to you right after the wire services forwards to us. I will forward you my general market re-cap in two weeks. But I do see big money flowing into certain micro-caps as has been the case for the past few weeks.
Regards to all,
Steven J. Weiss SR Market Analyst & Publisher. EricDavid & Sons, Inc
AmeriChip International Inc. Successfully Completes Testing of LACC Process at Major Transmission Manufacturer 8/3/2005 9:00:39 AM
PLYMOUTH, Mich., Aug 3, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (ACHI) is pleased to announce that it has reached a major milestone after the completion of five (5) months of extensive testing with a major Fortune 500 automotive parts manufacturer.
AmeriChip International has been working diligently with process engineering in the transmission division and is preparing quotations for the machining of the first of several parts. These trials have been conducted in the manufacturing plants and the laboratory of strategic partners, GSI Lumonics and Seco-Carboloy with a view to producing less expensive parts. As a result of the LACC process, AmeriChip has successfully substantiated that it can significantly lower the manufacturing cost per piece.
Marc Walther, CEO of AmeriChip stated, "I am very confident that we are at the beginning of a rapid growth phase for the AmeriChip, and I am also confident that we will see an increasing revenue stream leading to profitability. The customer has formed an implementation group to adapt the LACC process as part of a core technology embracing AmeriChip's LACC process for long chip producing materials. Over the next several months, AmeriChip will continue to provide time studies and quotations on the machining of many different component parts for manufacturing in AmeriChip's licensed plants. The customer has identified significant cost savings in thru put, cost reduction by the elimination of coolant as it relates to dry machining, scrap reclamation and overall handling, capital equipment investment per part number, reduced tool cost and the amount of labor required to produce machined parts."
Headquartered in Plymouth, MI, AmeriChip International Inc., a process 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.
SOURCE: AmeriChip International, Inc. AmeriChip International Inc. R. Windsor (905) 898-2646 r.windsor@americhipintl.com http://www.americhipintl.com .
AmeriChip International, Inc. Develops Flexible Manufacturing Systems Using Its LACC Process for the Oil Pipe Industry 8/16/2005 9:33:49 AM
PLYMOUTH, Mich., Aug 16, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors of AmeriChip International, Inc. (ACHI) announces that after 10 months of research and testing, it has successfully applied its Laser Assisted Chip Control (LACC) technology for implementation within the oil pipe threading industry. The Company has created AmeriChip Pipe Technologies, a Texas-based corporation, to assist the Company in entering this billion dollar industry, as previously announced in February 2005. In addition to our recent inroads in the automotive parts industry, the Board is looking forward to 2006 projected sales revenue to exceed $10 million in profitable business. Management believes that the combination of the two industry markets indicates that this estimate is conservative.
Over the past 10 months, the Company has developed and designed the LACC process for the dry machining of oil threads. This new process will allow the Company to manufacture complete certified oil pipe in a flexible automated production line. This technology has significantly reduced the time and cost of producing quality threads on oil pipe of all sizes. The LACC process has provided AmeriChip Pipe Technologies a platform for the creation of flexible automated production lines that will thread and inspect oil pipe with significantly faster production under one roof.
Ed Rutkowski, vice president, AmeriChip International Inc., the original LACC patent holder, stated, "This will not only lower the cost to produce and inspect oil pipe, but will significantly reduce thread leaking due to long stringy chips, coolant pitting, and uncontrolled ovality. This system will also reduce the cost of handling due to the complete flexible automation system under one roof instead of trucking pipe to each phase of manufacturing."
Each oil pipe will be laser-serialized and downloaded to AmeriChip Pipe Technology's website for customer retrieval of inspection information for use in the field.
The creation of razor sharp chips in the machining of oil pipe up to 45 feet in length with a diameter up to 24 inches is an everyday hazard in safety, thru put, and environmental disposal. Coolant has also been found to cause pitting on the threads of the oil pipe which, if not corrected, can cause an embolism when the oil pipe is under pressure. These leaks are dangerous, costly, and difficult to resolve in the field.
"We believe that this process developed by Mr. Rutkowski, combined with other new technologies developed with AmeriChip, will revolutionize the oil pipe threading industry," stated Marc Walther, president of AmeriChip International.
Headquartered in Plymouth, Mich., 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.
SOURCE: AmeriChip International, Inc. AmeriChip International, Inc. R. Windsor (905) 898-2646 r.windsor@americhipintl.com http://www.americhipintl.com .
PLEASE NOTE: American machining technology has remained rather stagnant for many, many years, until NOW....
They have added automation (CNC = computer numerical control, PLCs, high performance Servos, etc.) to lots of the formerly manual processes, but the cutting tool running on the workpiece and how it works hasn't changed for eons...
We now have a paradigm shift.
A totally new USA TECHNOLOGY that will ultimately have the impact of the original Industrial Revolution, the invention of the steam engine, and the invention of usable and dependable electricity. This will stop the flood of exported machine work (..Ross Perot's 'sucking sound'..) moving to foreign lands - and actually reverse the trend bringing it back..!!! Let me repeat that. Actually reverse the dam* trend and bring the machining work back to the USA..!!!
If you had the least small grip on the processes and costs of machining operations, this would equate to having Transporters at all the airports - where'd you'd walk in to one, and walk out a microsecond later in Fiji...!!!
This is not a joke. The new "..LACC.." process employed by AmeriChip International (ACHI) does something absolutely amazing. It allows the cutting of parts without coolants or lubricants that actually can damage the microstructure of the worked parts. The process also results in the "..heat of cutting.." being quickly carried away by the smaller "..chips.." produced as they fly off.
Getting rid of the cutting heat allows the processing of a single part to be sped-up by 10-to-20 times over standard lubricated cutting. So, while the Taiwanese might be able to make 1.3 more parts-per-$ than American machinists can do now; AmeriChip's process can make 10+ parts more than the Taiwanese for the same $ in the same time.
This process also results in the parts being less heat-hardened by the cutting, and for the very expensive cutting tools to last much, much longer. Having to change out less cutting tools per shift, per day, or per week saves huge amounts of money for ACHI, or other machining firms.
If you "..Oooo & Ahhhh.." over things like "..Beam me up, Scotty..", "..Warp Drives..", "..Dr. Who's Tardis..", "..flying saucers..", etc. - welcome to the new world of advanced technology machining...!!! Same impact - different genre'.....
ACHI is about to do the whole plant expansion, financial filings, OTCBB application, New business announcements, rock-the-freakin'-clock thing, so IMHfreakin'O you either get in Monday at the Open - or you order your B.B. King sheet music for the "..2005 Woulda-Shoulda-Coulda Blues.."!!!
The "..No Whining.." lamp will be lit as of 1000 hours on Monday.
DYODD. Do whatcha gotta do. Do yur t-h-a-n-g. Do yur sweetie. Whatever..... But DON'T under any circumstances let Monday morning come without having your homework finished (..dog or no dog..) and having made your decision.
AmeriChip International Inc. Announces New Web Site Address 8/29/2005 9:10:12 AM
PLYMOUTH, Mich., Aug 29, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors of AmeriChip International, Inc. (ACHI) announces a new Web site address at http://www.americhiplacc.com. Over the next few weeks, changes and additions will be made the AmeriChip International Inc. website to better reflect the implementation of the company's business model including its projected entry into the oil pipe manufacturing sector.
Headquartered in Plymouth, Mich., AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which provides for accelerated through-put creating a platform for 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 Web site at http://www.americhiplacc.com, contact Rhonda Windsor at 905-898-2646 or r.windsor@americhiplacc.com.
SOURCE: AmeriChip International, Inc. AmeriChip International, Inc. R. Windsor (905) 898-2646 r.windsor@americhipintl.com http://www.americhipintl.com .
ACHI -- It would be very wise to find out what it's all about:
AmeriChip International Inc.'s wholly owned subsidiary AmeriChip Ventures, Inc. (AVI) is the owner of the rights and interests in all U.S. patents forming the "Laser Assisted Chip Control" technologies. The inventor, Edward Rutkowski, who is also a board member and active in the operation of the Company, was granted patents on April 6, 1993 and January 25, 1995 entitled "Method for controlling length of metal chips." AmeriChip, Inc. was formed to hold the patents and granted AVI the exclusive license to make, use and sell products covered by the foregoing patents.
The patented process seeks to solve the creation and subsequent handling of long stringy metal "chips" which have been a long-standing problem in the machining industry. The chip control problem adds additional cost when highly automated gauging, tooling and material handling (robots) is introduced.
"Chips" are the stringy metal shavings that are created when using a cutting tool to remove metal. The long winding shards or ribbons of razor sharp steel wrap around cutting tools, the machine, the gauging and inhibits the robotics from removing the part. Millions of dollars have been spent annually, for years, on chip groove technology and coolants with no verifiable and consistent success in resolving these inherent problems. The use of coolants on machined parts has resulted in expensive, messy and environmentally unfriendly workplaces, that can take some plants as much as one shift per week to properly evacuate the system.
The conventional answer to the problem has been to slow the process down so that the chips can be controlled. In fact, even slowing the process down does not resolve the problem. Often the automatic gauging and robotics must be completely turned off because the chips are tangled around the part. AmeriChip has solved the problem. Its patented Laser Assisted Chip Control process provides the solution as well as substantial benefits and cost savings as follows:
* Reduction in down time that is mandatory when machining in the traditional manner to remove chips that clog parts, tools and the machine base. * Elimination of coolant requirements and the costs associated with handling and disposing of the coolant. * Enhances safety in the workplace. * Improves productivity with greater use of automated machinery and robotics. * Utilizing the LACC process provides opportunity to reduce cost per unit * Through consistent chip control, tool life more predictable. * Environmentally friendly. Coolant usage to chip control length is not required when using LACC process.
AmeriChip International Appoints Vice President of Sales/Marketing 9/7/2005 9:30:01 AM. PLYMOUTH, Mich., Sept. 7, 2005, Sep 7, 2005 (PRIMEZONE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (ACHI) announced the appointment of Jim Miller as Vice President of Sales and Marketing effective immediately.
Mr. Miller brings to the Company a strong background in technical sales, automotive leasing/financing, mergers and acquisitions with Fortune 500 companies. He brings a contact list throughout the continental U.S. including the three major automakers in the United States. He began his business career with General Motors and has developed expertise in sales planning, sales management, budget controls, system development, fluid power controls and business development.
Mr. Miller will be responsible for the development of new business using his extensive list of key contacts at the upper management levels within the automotive, aerospace and farm implement industries. He is currently working directly with the Company's engineering department and he has already arranged for and attended meetings with several Tier One suppliers with the Company's CEO Marc Walther. "With the ability to market as a Tier One supplier, Mr. Miller's contacts will be invaluable in assisting AmeriChip accelerate its business plan," said Marc Walther.
Headquartered in Plymouth, MI, 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.
SOURCE: AmeriChip International, Inc. For more information, visit our website at http://www.americhiplacc.com or contact Rhonda Windsor at 905-898-2646 or send an e-mail to r.windsor@americhiplacc.com
ACHI is very close to closing some huge, long-term parts machining deals with major auto manufacturers and suppliers. The News about that will send the price soaring.
People should collect at these "..Hurricane prices.." or they will wish they had.
AmeriChip International Commences Pilot Project for GM Powertrain 10/10/2005 9:06:05 AM PLYMOUTH, MI, Oct 10, 2005 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (ACHI) announced that as a result of a presentation by management of the Company to senior engineers at GM Powertrain last week, the Company has been asked to immediately commence trials on the application of its Laser Assisted Chip Control technology on parts submitted by GM Powertrain.
Marc Walther, President and CEO reports that a high level engineering source at GM Powertrain was quoted as saying, "We are enthusiastic about the AmeriChip technology and their ability to solve our chip control problems. The GM PowerTrain Group has committed to immediately sending parts to AmeriChip for evaluation."
Over the past month the Company has met with and made presentations to GM and five (5) Tier One suppliers to the automotive industry. As a result, the Company is currently conducting pilot projects for all five companies. This includes, but is not limited to, meeting with senior engineers to assess their individual needs, preparing CADCAM drawings, conducting feasibility studies and preparing quotations for both application and production of the LACC process. Parts delivered by various potential customers, including GM Powertrain, are currently on site at the AmeriChip laboratory located within its licensed facility at KSI Machine and Engineering and are being evaluated.
Last month the Associated Press published an article where it reported that "GM rolls out new cost-cutting plan for suppliers -- Overall targets replaced by emphasis on individual parts." "At a time when the automotive industry is asking its suppliers, including those to whom AmeriChip has made recent presentations, to help cut costs to remain competitive globally, AmeriChip is poised to take the lead in this initiative," stated Ed Rutkowksi, Vice President Operations - Research & Development.
Headquartered in Plymouth, MI, 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.
For more information, visit our website at http://www.americhiplacc.com or, contact Rhonda Windsor at 905-898-2646 or send an e-mail to r.windsor@americhiplacc.com
Contact: Rhonda Windsor 905-898-2646 r.windsor@americhiplacc.com SOURCE: AmeriChip International Inc. mailto:r.windsor@americhiplacc.com
AmeriChip International Commences Pilot Project for GM Powertrain and Launches New Website 10/11/2005 10:23:02 AM PLYMOUTH, MI, Oct 11, 2005 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (ACHI) announced that as a result of a presentation by management of the Company to senior engineers at GM Powertrain last week, the Company has been asked to immediately commence trials on the application of its Laser Assisted Chip Control technology on parts submitted by GM Powertrain, a division of General Motors.
Marc Walther, President and CEO, reports that a high-level engineering source at GM Powertrain was quoted as saying, "We are enthusiastic about the AmeriChip technology and their ability to solve our chip control problems. The GM Powertrain Group has committed to immediately sending parts to AmeriChip for evaluation."
Over the past month the Company has met with and made presentations to GM and five (5) Tier One suppliers to the automotive industry. As a result, the Company is currently conducting pilot projects for all five companies. This includes, but is not limited to, meeting with senior engineers to assess their individual needs, preparing CADCAM drawings, conducting feasibility studies and preparing quotations for both application and production of the LACC process. Parts delivered by various potential customers, including GM Powertrain, are currently on site at the AmeriChip laboratory located within its licensed facility at KSI Machine and Engineering and are being evaluated.
Last month the Associated Press published an article where it reported that "GM rolls out new cost-cutting plan for suppliers -- Overall targets replaced by emphasis on individual parts." "At a time when the automotive industry is asking its suppliers, including those to whom AmeriChip has made recent presentations, to help cut costs to remain competitive globally, AmeriChip is poised to take the lead in this initiative," stated Ed Rutkowksi, Vice President Operations - Research & Development.
Headquartered in Plymouth, MI, 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.
For more information, visit our website at http://www.americhiplacc.com or contact Rhonda Windsor at 905-898-2646 or send an e-mail to r.windsor@americhiplacc.com.
TalkNStocks.com Debuts, Announces First in a Series Of Q&As With AmeriChip's Marc Walther, Pres. & CEO 11/30/2005 9:30:03 AM
MACOMB, MI, Nov 30, 2005 (MARKET WIRE via COMTEX) -- TalkNStocks.com, a forum dedicated to emerging growth companies, announces its formal debut today.
TalkNStocks.com is designed to provide featured companies with a cost effective means of informing shareholders and prospective investors about company plans and developments. Featured companies are invited to post business plans, product advertisements, and engage in monthly Q&A opportunities with investors.
Investors are welcome to participate by submitting questions for companies to answer. Company discussion forums and forums dedicated to topics of investor interest are also provided. We offer live chats, comprehensive investment tools such as charting and real time level 2. Readers are welcome to participate free of charge.
AmeriChip International, Inc. (ACHI) has been selected to respond to our first Q&A interview, the first in a series of such interviews with AmeriChip.
"We are pleased to have been chosen as a feature company on the new 'TalkNStocks' website. Management of TalkNStocks has shown the same entrepreneurial vision that we share at AmeriChip and we wish them success in their endeavors in bringing small cap companies to the attention of potential investors." Marc Walther, Pres. & CEO
For further information about TalkNStocks.com, visit our website at http://www.talknstocks.com or contact Hank Zemla at hank@talknstocks.com.
For further information about AmeriChip International, visit http://www.americhiplacc.com or contact Rhonda Windsor at 905-898-2646 or send an e-mail to r.windsor@americhiplacc.com.
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