AmeraMex
International Enters Into Memorandum of Agreement with the
Niger Republic’s Ministry of Transportation
Vehicle
Renewal of Public Transport project valued at over $200 million
CHICO, CA – May 6, 2014 – AmeraMex
International, Inc. (OTC: AMMX), a provider of
heavy equipment for logistics companies (stevedoring), infrastructure
construction, commercial farming and mining companies, announced that it has
entered into a Memorandum of Agreement (MOA) with Niger’s Ministry of
Transportation to provide trucks for the
Vehicle Renewal of Public Transport Project. AmeraMex was selected as it has significant
experience in the heavy equipment industry along with the technical and
financial capacity to discharge the project in accordance with the
specifications, terms and references defined by the Ministry of Transport.
Under
the terms of the MOA, three representatives from Niger’s Ministry of Transports
and two representatives from AmeraMex international will meet in China to
review the truck models and specifications as outlined in AmeraMex’s proposal to
provide ‘tropicalized’ vehicles for both Nigerien carriers and trucks for the
Public Transport program. It is
estimated that approximately 3,000 trucks will be shipped from a Chinese
manufacturer over a three-year period. With a successful due diligence, the
next logical step will be a written agreement between Niger’s Ministry of
Transportation and AmeraMex International.
An MOA
is a formal business document
used to outline an agreement made between two separate entities. Its purpose is
to provide a written understanding of the agreement between the parties. A MOA
usually precedes a more detailed contract or agreement, after a process of
negotiations and due diligence.
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,
with customers in the Americas, Africa, 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.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
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