AmeraMex International Retains Intellian Capital Advisors To Assist With Acquisition Strategy
Company to Expand Geographical Reach within The U.S. and Internationally
CHICO, CA — January 3, 2008 — AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment to shipping, construction, logging and mining companies, today announced that it has retained New York-based Intellian Capital Advisors to provide guidance for the execution of its acquisition strategy.
“We have outlined a very aggressive acquisition strategy to expand our geographical reach and are pleased to have Intellian advise and assist with our acquisition strategy and capital requirements,” said AmeraMex CEO and President Lee Hamre. “During 2008 our goal is to acquire synergistic companies that will allow us to broaden our lines of heavy equipment, add additional target markets, and expand our services, predominantly on the West Coast.
“Additionally,” continued Hamre, “we are devising a strategy that will strengthen our international reach. As we replace equipment in the U.S., we have a program to purchase older equipment or equipment that is not EPA compliant. This equipment is completely refurbished and marketed to developing countries that have difficulty obtaining heavy equipment or cannot afford new equipment. We currently have customers in over 12 countries and have recently shipped our first order of approximately $120,000 to India.”
“AmeraMex has an innovative business strategy with clearly defined goals for 2008,” said Intellian’s Managing Partner Ron Gray. “We will work closely with management as we focus on AmeraMex’s vision for success. As a trusted partner we will contribute our expertise to assist in creating the most effective strategy for meeting their goals.”
About Intellian Capital Advisors
Founded in 2003, Intellian Capital Advisors is a full service merchant banking firm. Each client works with a hand-picked Intellian team, which will examine the company at every level, from management to operational systems, to assure the company is appropriately positioned to reach its goals. Intellian works with a wide array of industries including medical, manufacturing, transportation, alternative energy, technology and media.
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.
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