LOS ANGELES, Aug. 13, 2007 (PRIME NEWSWIRE) -- In an interview with Francis Gaskins, president of IPOdesktop.com, Marc Walther, CEO of AmeriChip (OTCBB:ACII), said "AmeriChip is closing in on orders from the Big Three in Detroit and also from Tier 1 suppliers."
The interview is available at http://www.streetiq.com/mp3/gaskins/acii20070813.mp3 (MP3 player)
INTERVIEW HIGHLIGHTS
* KSI shipments up over comparable two months in the May quarter, gross margins are higher: KSI is a wholly owned subsidiary of ACII. * Last week ACII received three new PPAP (pre-production approval process) orders. One customer wants a 30-day turnaround time. * ACII expects to be finished next week validating a process for a major customer that demonstrates the ACII LACC (laser assisted chip control) process cuts cycle time in half. * ACII is taking delivery of new laser heads that operate faster on heavier parts and expects delivery of new machines, cutting validation turnaround time by 90%, a very significant event * ACII senior management attended the industry's annual major trade show, where they interfaced with senior executives from GM, Ford, Chrysler, American Axle and other industry leaders, who are all aware of KSI and its Tier 1 status. * At the conference a GM panelist said that more than 80% of the industry's new technology is implemented through existing Tier 1 suppliers.
Previous CEO interviews include: July 24 interview AmeriChip CEO discusses mid-quarter update http://www.streetiq.com/mp3/gaskins/achi20070724.mp3 ACII archived interviews http://gaskinsco.com/ACII-archived-interviews.htm
March, 2007 ACII VIDEO interviews
http://www.projectstreamer.com/users/fegaskins/achi-4-4-07-f/achi-4-4-07-f.html
(35 seconds to load)
Initial Analyst Report
http://www.gaskinsco.com/linkto-achi.shtml
About AmeriChip (http://www.americhiplacc.com)
AmeriChip (ACII) 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 environment-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."
Produced by http://IPOdesktop.com
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 ACII 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.