CHICO, CA--(Marketwired - May 17, 2013) - AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy equipment to infrastructure, shipping, construction and farming companies, today reported financial results for its first quarter ended March 31, 2013.

The company reported revenue of approximately $503,894 with gross profit of $302,755 compared to revenue of approximately $713,676 with gross profit of $232,541 for the comparable quarter ended March 31, 2012.

Gross profit margins, as a percentage of revenue, were 60 percent, a significant increase when compared to gross profit margins of 33 percent for the comparable 2012 quarter. Continued improvement of margins is due in part to product mix and the company's trucking operation.

The company reported a net loss for the year of ($119,424) compared to net loss of ($391,709) for the first quarter ended March 31, 2012. This is due in part to a decrease in total expenses and depreciation as the inventory of equipment was sold or fully depreciated.

During the year-end conference call management stated, "We expected to have letters of intent from companies to purchase crude oil/fuel no later than the middle of May." Management is in contact with these companies daily and expects to provide an update in the near future.

AmeraMex partners in Africa indicated to management that they expected several infrastructure projects to be finalized by the end of April. AmeraMex CEO Lee Hamre commented, "It is now May and these projects are taking longer than our partners project but several are in final negations. We are in communications with the partner companies working on the funding of the projects. Best estimate for approved funding is now in the third quarter of 2013. We are currently awaiting final notification of funding approval for one of the projects located in Niger. This project is large enough to get everything in Africa kicked off. Once complete, funding for other projects will be much easier."

AmeraMex International, Inc
Consolidated Income Statement
(Unaudited)
			3 Months Ended			3 Months Ended
			March 31, 2012			March 31, 2013
Sales			713,676			503,894
Cost of Sales			481,135			201,139
Gross Profit			232,541			302,755
Expenses
	Operating		501,427			323,504
	SG&A		105,304			93,204
Total Expenses			606,731			416,708
Net Income from Operations			(374,190	)		(113,953	)
Other Income, Expense, Depreciation			(16,690	)		(5,471	)
Income Tax Provision			829			-
Net Income (Loss)			(391,709	)		(119,424	)

AmeraMex International, Inc.
Condensed Consolidated Balance Sheet
as of March 31, 2013
Unaudited
ASSETS
	Current Assets:
	Cash & Equivalent						-1,754
	Note Rec.						8,500
	Acct. Receivable						110,414
	Inventory						542,188
				Total Current Asset			659,348
	Fixed Asset Net						57,189
	Other Asset						111,892
				Total Asset		$	828,429
LIABILITIES AND STOCKHOLDERS EQUITY
	Current Liability
	Acct. Payable						824,600
	Taxes Payable						97,750
	Other						183,952
				Total Current Liabilities			1,106,302
				Total Long Term Liabilities			1,020,904
				Total Liability		$	2,127,206
STOCKHOLDERS EQUITY
	Capital Stock						-35,975
	Paid-In Capital						1,688,914
	Retained Earning (Loss)						-2,832,292
	Retained Earning Current Year						-119,424
				Total Stock Equity			-1,298,777
TOTAL LIABILITY & STOCKHOLDER EQUITY						$	828,429
				Total shares issued and outstanding			388,677,215

About AmeraMex International
AmeraMex International sells, leases and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping logistics, mining and commercial farming. AmeraMex International'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 the Americas, Africa, Asia and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and maintains an inventory of top-of-the-line equipment and parts from manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment. For more information visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com.

Safe Harbor Statement
Except for the historical e historical information contained herein, the matters discussed are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made herein.