LOS ANGELES, Oct. 25, 2007 (PRIME NEWSWIRE) -- In an interview with IPOdesktop.com, AmeriChip International's (OTCBB:ACII) CEO Marc Walther said, "We are pleased with our sequential quarterly performance in terms of revenue, gross margin and positive operating profit.
"For the quarter ending November 30, 2007 we anticipate another revenue increase and another operating profit.
"Revenue is increasing because we restructured our sales and marketing program and now use the LACC (Laser-Assisted Chip Control) process to gain additional, predictable, high-margin business in our 50,000 square foot manufacturing plant, from major manufacturers and their Tier One suppliers.
"We have also restructured our sales and marketing programs for LACC-only business. Building on a number of successful PPAP (pre-production approval process) and successful validation programs, our new COO, Roger Paquette, emphasizes to major strategic partners that we help them re-engineer their manufacturing process, to increase profit and reduce costs. He is coordinating the expanded marketing approach with Dan Green, who recently joined AmeriCHip as Director of Systems and Integration.
"To put it in perspective, some of our major LACC prospects have plants that encompass 2 1/2 to 3 million square feet with 3-5000 employees. We are very pleased with Roger's strategic partnering, consultative perspective. Our major LACC prospects are embracing his manufacturing process re-engineering approach.
"Direct LACC-only prospects with whom Roger is working include General Motors Powertrain, Ford Powertrain, Eaton Corporation Powertrain, Caterpillar Truck and Tractor, Chrysler, and American Axle & Manufacturing."
Analyst comments on SEC filing for quarter ended August 31, 2007 http://gaskinsco.com/acii-august10q.htm
AmeriChip research report by IPOdesktop, September 26, 2007 http://www.gaskinsco.com/linkto-acii.shtml
About AmeriChip International
http://www.americhiplacc.com/sections/
ACII enables lower cost, higher quality clean manufacturing by using environmentally-friendly, patented technologies, trade secrets and other intellectual property. The company's mission is to dominate the worldwide dry machining market, particularly the multi-billion dollar metal turning segment for machining steel parts such as axle & drive shafts, connecting rods, axle tubes & hubs and also the multi-billion dollar oil pipe coupling and threading segment
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Disclaimer
DISCLAIMER: This interview is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. IPOdesktop (ID) produces periodic analyst reports for and provides AmeriChip with limited advertising space at the IPOdesktop.com web site, for which ID expects to be compensated at the rate of $5,000 per month starting April 1, 2007. This constitutes a conflict of interest as to ID's ability to remain objective.