LOS ANGELES, Jan. 17, 2008 (PRIME NEWSWIRE) -- In an interview with IPOdesktop.com, AmeriChip International's (OTCBB:ACII) CEO Marc Walther said "Several major blue-chip, Tier One customers have upgraded their customer-vendor relationships with AmeriChip International through Electronic Data Interchange (EDI) online connections."
"Simply maintaining Tier One vendor status in today's automobile market is quite an accomplishment," added Francis Gaskins of IPOdesktop.com. "And when major customers who are household names invite AmeriChip to upgrade its Electronic Data Interchange (EDI) vendor status with them, it appears that AmeriChip has moved to the inner circle of selected, invited vendors."
"AmeriChip is also working to complete the formal, online electronic quoting process for the federal government including the military," concluded Marc Walther.
All major automobile companies and other major manufacturers use the same form of EDI where the entire, organized relationship is handled online in the following sequence:
(1) Electronic request for quotation from the customer to AmeriChip (2) AmeriChip responds with an online quotation (3) The customer produces an electronic purchase order (4) AmeriChip manufactures the part (5) The part is shipped and an invoice is generated online (6) Payment is sent electronically from the customer to AmeriChip
Electronic Data Interchange (EDI) is the online exchange of business data from one organization's computer application to the computer application of a trading partner.
ACII Analyst report link
http://www.gaskinsco.com/linkto-acii-nov18.shtml
Analyst comments on SEC filing for quarter ended August 31, 2007
http://gaskinsco.com/acii-august10q.htm
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, the multi-billion dollar oil pipe coupling and threading segment and the United States and Canadian defense departments
About IPOdesktop
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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...http://gaskinsco.com/achi-disclaimer-c.htm