AmeraMex International Receives $500,000 Order from an Algerian Construction Company
CHICO, CA – September 22, 2010 – AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment to infrastructure construction, stevedoring (logistics) and farming companies, today announced the company has received a $500,000 order from a large Algeria-based construction company. The order consists of a 60-ton truck crane for use in large infrastructure projects.
International orders must be accompanied with a significant deposit; the remaining monies are due and payable upon delivery of the order. AmeraMex does not recognize revenue until equipment orders leave their dock. Management expects to disseminate an update on its African projects at the end of September.
About AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping, farming 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 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
Except for the 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.
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