LOS ANGELES, March 2, 2007 (PRIME NEWSWIRE) -- In an interview with Francis Gaskins, president of IPOdesktop.com, Marc Walther, CEO of AmeriChip (OTCBB:ACHI), said "AmeriChip recently secured a $125 million annual capital line for growth with no stock dilution; oriented towards Fortune 500 customers who place three to five year contracts with AmeriChip."
The interview is available at
http://www.streetiq.com/mp3/gaskins/2-26-07-achi-d.mp3 (MP3 player)
Benefits
* Essentially eliminates production launch costs
* Provides dedicated equipment financing for long term orders
* No AmeriChip cash outflow until the billing phase
* No stock dilution
Additional CEO interview shows currently in preparation include
(1) Why KSI and how it changes the fundamentals
(2) What's going on at KSI?
(3) Opportunities for other synergistic acquisitions
(4) Status update production facility expansion
(5) Management team -- can AmeriChip's management team handle
explosive growth?
(6) Oil pipe manufacturing update
(7) How AmeriChip uses alliances, partnerships and cooperative
agreements to increase top line revenue, profits and cash flow
Prior interviews and reports
* Initial Analyst Report (update in process)
http://www.gaskinsco.com/linkto-achi.shtml
* Growth Plan Update, June 2006
http://www.worldtalkradio.com/archive.asp?aid=6987
About AmeriChip
Headquartered in Clinton Township, 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.
About http://IPOdesktop.com
IPOdesktop.com, the leading provider of independent IPO research for professional money managers and individual investors, also produces the IPO Hardball radio program. IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others.
IPOdesktop (ID) SAFE HARBOR STATEMENT: Statements contained in this research report update, including those pertaining to growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made.
DISCLAIMER: This report and interview is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. ID is negotiating with the company for compensation for preparation and posting of this report, radio interview, video report and other advertising services. This constitutes a conflict of interest as to ID's ability to remain objective ... more http://gaskinsco.com/achi-disclaimer.htm