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AmeraMex International Names New Chief Operating Officer
| Source: AmeraMex International
LAS VEGAS, NV--(Marketwire - June 13, 2008) - AmeraMex International, Inc. (PINKSHEETS : AMMX ), a provider of heavy equipment to shipping, construction, logging and
mining companies, today announced that it has appointed John Muchnicki to
the position of Chief Operating Officer, effective immediately. All
departments and divisions within AmeraMex will be reporting to Mr.
Muchnicki, who in turn will report directly to AmeraMex International CEO
Lee Hamre. The company also announced the resignation of its CFO, Warren
Murphy, who will maintain his position as a director on the AmeraMex Board
and assist during the transition period.
"Warren has been a significant contributor to AmeraMex and an important
strategic partner for the management team," said AmeraMex CEO Lee Hamre.
"The board of directors and I appreciate his leadership, dedication and
expertise over the past years. As a member of the board, his knowledge of
the company and years of industry experience will continue to be invaluable
to the company."
"We are pleased to have John join the AmeraMex management team," continued
Hamre. "He is a seasoned executive, whose depth of experience in strategic
planning, corporate governance and executive leadership will be well
utilized as we continue to grow the company both organically and through
acquisition. John is a global marketing and sales executive with a strong
reputation for building businesses. His years of corporate experience,
which encompasses sales and marketing, finance, business development,
merger integration, and domestic and international market expansion, will
be of significant benefit to AmeraMex's business strategy."
Before assuming the position of COO, Muchnicki was a partner and COO in the
New York-based merchant banking firm, Intellian Capital Advisors. Intellian
is currently retained by AmeraMex to provide the company with guidance for
the execution of its business plan and acquisition strategy. The Intellian
model is to place key partners in strategic management positions to enhance
the overall strength and versatility of their clients' management team.
Prior to joining Intellian Capital Advisors, Muchnicki led a business
development team for Questia America, which enabled the company to become
the world's largest online library. He has led divisional turnarounds for
such companies as Scientific American, where the turnaround was based on
the early adoption of CD-ROM technology. He also worked with Viacom, where
he grew a division from $28 million to $56 million in revenue in two years.
With Thomson International and Routledge, similar revenue increases
precipitated the sale of the divisions in less than two years.
Muchnicki earned an undergraduate degree from Kean University in New
Jersey, is a CE graduate of New York University, and received a Master of
Business Administration from Columbia University in New York.
About AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to
companies within four
industries: construction (light and infrastructure), shipping, mining, and
logging. AmeraMex's largest product line is specialized container handling
equipment that enables stevedoring companies to quickly and efficiently
load and offload container and general freight ships dockside. AmeraMex,
with customers in North America, South America, Asia, and Eastern Europe,
has over 30 years of experience in heavy equipment sales and service and
inventories top-of-the-line equipment from manufacturers such as Taylor
Machine Works Inc. and Terex Heavy Equipment. For more information, visit
the AmeraMex website, www.AMMX.net.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and as such, may involve risks and uncertainties. Forward-looking
statements, which are based on certain assumptions and describe future
plans, strategies, and expectations, are generally identifiable by the use
of words such as "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. These forward-looking statements relate
to, among other things, expectations of the business environment in which
the Company operates, projections of future performance, potential future
performance, perceived opportunities in the market, and statements
regarding the Company's mission and vision. The Company's actual results,
performance, and achievements may differ materially from the results,
performance, and achievements expressed or implied in such forward-looking
statements.