LOS ANGELES, June 6, 2007 (PRIME NEWSWIRE) -- In an interview with Francis Gaskins, president of IPOdesktop.com, Marc Walther, CEO of AmeriChip (OTCBB:ACHI), said, "AmeriChip is pleased with its quarterly revenue progress."
The interview is available at http://www.streetiq.com/mp3/gaskins/achi20070605.mp3 (MP3 player)
INTERVIEW HIGHLIGHTS
-- AmeriChip is re-positioning its newly acquired KSI division by
raising prices to open new capacity, to expand into significantly
growing markets not previously addressed by former KSI management.
-- The Laser Assisted Chip Control (LACC) business has 21 projects in
process and recently made significant progress with a very large
manufacturer. Significant LACC growth is expected for the quarter
ending August 31, 2007
Previous interviews include:
May 20 interview AmeriChip CEO corporate update interview http://www.streetiq.com/mp3/gaskins/achi20070520.mp3 March 21 interview KSI's top line revenue growth and plant capacity http://www.streetiq.com/mp3/gaskins/achi20070320.mp3 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) Initial Analyst Report http://www.gaskinsco.com/linkto-achi.shtml
About AmeriChip
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