Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
AmeraMex International Signs
$2.1 Million Equipment Contract
CHICO, CA – May
14, 2015 – AmeraMex
International, Inc. (OTC: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping),
infrastructure construction, logging and mining companies, announced that it
has signed an agreement with a customer in Northern Calif. for $2.1
million. Under the terms of the
agreement, AmeraMex will ship eight new Taylor forklifts to the customer by
December 1, 2015. The company records revenue
when equipment delivers to the customer.
AmeraMex CEO Lee Hamre has just returned
from Republic of the Congo where the company has entered into a partnership
with SAS Congo in Pointe Noire, Congo. Doing
business in the Republic of the Congo requires a presence within the country as
does Niger. As there are several
opportunities in the Congo, the company has started the process of establishing
a company, AmeraMex of The Congo, with partner SAS Congo.
Regarding Niger, the company is waiting for
the inventory list from Niger’s Minister of Transportation so that a purchase
order and invoice can be created for the first 100 trucks and trailers based on
an Agreement signed by the Niger Minister of Transportation. A standby letter of credit will be issued by
Ecobank to AmeraMex International, Inc. when AmeraMex sends the invoice for 100
trucks to Ecobank. Once received, it will be submitted to the funding source for
final approval.
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 or www.hamreequipment.com.
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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