LOS ANGELES, Feb. 13, 2008 (PRIME NEWSWIRE) -- IPOdesktop.com is pleased with the progress AmeriChip (OTCBB:ACII) has made on a number of fronts, and is optimistic that
* the company will lead an evolutionary movement to dry machining
* by re-engineering the turning manufacturing process
* based on proprietary LACC (Laser Assisted Chip Control)
technology.
* Stock price and market capitalization
As ACII's sequential quarterly revenue increases continue and ACII maintains expected profitability, we believe the stock market capitalization (currently in the range of $9 million) and the per share price (currently 4.4 cents) will increase significantly, especially with production runs from blue chip strategic partners.
As an analytical investment tool we expect analysts to use a "compare & contrast" approach to compare ACII's market capitalization with other emerging growth companies, past and present, as ACII achieves growth milestones.
* Blue chip customer base
Increased orders appear to be coming from a blue chip customer base, which includes General Motors, Ford, Eaton, Magna, Chrysler, Honda, Toyota and Caterpillar. ACII appears to be in final contract negotiation stages with two major customers for recurring production runs:
* One of the customers manufactures construction and mining
equipment, diesel and natural gas engines, and industrial gas
turbines.
* The other customer designs, develops, manufactures, and services
cars, trucks, and parts worldwide.
* Patented Laser Assisted Chip Control (LACC) technology for dry machining.
We believe ACII is strategically partnering with its blue chip customer base to secure recurring production orders using LACC technology.
ACII's current data-driven sales process appears to provide sufficient documentation for customers to feel comfortable deploying a disruptive LACC technology (http://en.wikipedia.org/wiki/Disruptive_technology ) in production runs.
* Financing
The company's recent upgraded EDI system improves cash flow by eliminating paper work delays. And ACII's TIP Capital relationship provides access to at least $125 million to finance expected order growth.
* Cash flow
We believe ACII has a good chance of being cash flow positive in the May quarter, and if their upward revenue momentum continues, it is possible ACII can start to generate free cash flow later in the year.
* Management team & advisory expansion
Most significantly, ACII added Roger Paquette as Chief Operating Officer in September, 2007, and John Rehfeld (http://www.johnrehfeld.com/) as advisory director in December, 2007.
* Nasdaq listing objective
With a significant increase in sales, positive cash flow and free cash flow, we believe ACII is interested in moving up to a Nasdaq listing, when those listing requirements are met.
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
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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