AmeraMex International Ships $3 Million Order to Stevedoring Company
CHICO, CA — July 11, 2007 — AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment to stevedoring, construction, logging and mining companies, announced today that it has completed the shipment of six THDC-975 Loaded Container Handlers to a large, well known stevedoring company with 20 offices nationwide. The name of the company was not disclosed for competitive reasons.
Stevedoring companies use container handlers for the loading and unloading of goods onto and off of ships. AmeraMex has supplied ergonomically designed loaded container handlers with minimum effort pilot controls and decreased noise level. The handlers provide the stevedores with heavy load handling capabilities through the use of a three-speed modulated powershift transmission and a rugged high-strength all-weld chassis and frame. The handlers have a rated capacity of 90,000 pounds in the first and second tiers and 80,000 pounds in the third and fourth tiers. Each handler arrives with full support data and a 12-month or 2,000 hours warranty. All new equipment shipped by AmeraMex after January 2007 is tier III compliant as required by the EPA.
“The sales and marketing investments made to penetrate the stevedore industry are beginning to pay off handsomely,” commented AmeraMex CEO and President Lee Hamre. “During the first six months of 2007, sales into the stevedore industry generated approximately 50 percent of our revenue. We expect to announce several new contracts with stevedore companies over the next several weeks. These domestic and multi-national companies are providing stevedoring services to ports located on the East and West Coast of the United States.”
According to AmeraMex’s CFO Warren Murphy, the company expects to release shortly its financial statements for the year ended December 31, 2006 and the six-month period ended June 30, 2007.
About AmeraMex International
AmeraMex International carries a large inventory of heavy equipment, which it sells, leases, and rents to a variety of industries, including the stevedoring, heavy construction, light construction, logging and mining industries. AmeraMex’s largest product line is specialized container handling equipment for stevedoring companies that load and off load ships – from container ships to cruise lines and fishing fleets. AmeraMex has over 30 years of experience in heavy equipment sales and service and carries top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc., Terex Heavy Equipment, and Barko Hydraulics.
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.
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