LOS ANGELES, March 21, 2007 (PRIME NEWSWIRE) -- In an interview with Francis Gaskins, president of IPOdesktop.com, Marc Walther, CEO of AmeriChip (OTCBB:ACHI) said, "AmeriChip's recent KSI acquisition provides significant top line revenue growth visibility, and is very synergistic with our Laser Assisted Chip Control production, sales and marketing programs."
The interview is available at http://www.streetiq.com/mp3/gaskins/achi20070320.mp3 (MP3 player)
* INTERVIEW HIGHLIGHTS
The recent KSI acquisition leverages KSI's Tier One status
with OEM manufacturers, whose brand name appears on the
product. In general, Tier One manufacturers are reducing the
number of suppliers, and are outsourcing more production to
Tier One suppliers.
* ACHI is positioned both as a low cost, high quality Tier One
supplier and as an aggregator/assembler for Tier Two
suppliers who cannot deal directly with Tier One customers.
This presents an opportunity for ACHI to increase top line
revenue, with high gross margins, without increasing fixed
assets.
* The ability to leverage other companies' capacity also
provides a rapid production expansion path, in the event
the LACC process generates a significant order backlog.
Additional CEO interview shows currently in preparation include
(1) Oil pipe manufacturing update
(2) Opportunities for other synergistic acquisitions
(3) Production facility expansion update
(4) Management team - can AmeriChip's management team handle
explosive growth?
(5) How AmeriChip uses alliances, partnerships and cooperative
agreements to increase top line revenue, profits and cash
flow
(6) Outsourcing in the auto industry: issues and opportunities
March 9 interview
Why KSI and how it changes the fundamentals
http://www.streetiq.com/mp3/gaskins/achi20070307.mp3
(MP3 player)
March 2 interview
$125 million annual capital line for growth with no stock dilution
http://www.streetiq.com/mp3/gaskins/2-26-07-achi-d.mp3
(MP3 player)
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