LOS ANGELES, June 18, 2007 (PRIME NEWSWIRE) -- In an interview with Francis Gaskins, president of IPOdesktop.com, Marc Walther, CEO of AmeriChip (OTCBB:ACHI), said, "AmeriChip is negotiating with at least four different major manufacturers, which all have different ordering processes, for Laser Assisted Chip Control (LACC) orders."
The interview is available at http://www.streetiq.com/mp3/gaskins/achi20070617.mp3 (MP3 player) INTERVIEW HIGHLIGHTS * Major manufacturers have different approval processes that are required before awarding a purchase order for a new process, such as Laser Assisted Chip Control (LACC), to a new supplier such as AmeriChip. * New suppliers must achieve specific milestones, including validation, Pre-Production Approval Process (PPAP), Run at Rate (run@rate), and warrant (see exhibits below). * Marc Walther discusses how the milestones apply to four potential "orders in process." EXHIBITS discussed in the interview * Types of warrants http://gaskinsco.com/achi-warrant.jpg * DaimlerChrysler's PPAP process http://gaskinsco.com/PPAP_final.pdf Previous interviews includes June 6 interview AmeriChip CEO discusses quarterly revenue results http://www.streetiq.com/mp3/gaskins/achi20070605.mp3 ACHI archived interviews http://gaskinsco.com/ACHI-archived-interviews.htm Initial Analyst Report http://www.gaskinsco.com/linkto-achi.shtml
About AmeriChip http://www.americhiplacc.com
AmeriChip (ACHI) is creating, leading and driving a new worldwide market -- using a patented Laser Assisted Chip Control (LACC) process for dry machining.
ACHI 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 threading of oil pipe and oil pipe couplings, and the multi-billion dollar metal turning segment, especially for machining steel parts such as shafts, axle tubes, stampings and hubs.
For detailed information see the "Corporate Overview" http://americhiplacc.com/sections/overview.htm and especially the link at the bottom "View Comprehensive Overview"
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 interview is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. ID provides ACHI with an Internet radio platform for CEO and senior management to communicate with current and prospective shareholders. ID also 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...more http://gaskinsco.com/achi-disclaimer-c.htm.