AmeraMex Sees Increasing Numbers for International Sales
CHICO, CA — January 29, 2007 — Lee Hamre, President of AmeraMex International (PINK SHEETS:AMMX), announced that the agreement between Sierra Industrial and AmeraMex is final. Mr. Hamre feels the actual signing should take place within the next couple of weeks. “This merger will allow us to expand our equipment sales into the rapidly growing Las Vegas market. This merger could increase our overall sales by 20 to 30% immediately and should double sales within two to three years,” Mr. Hamre said.
Additionally, Mr. Lee Hamre will be on the internet with a live on air interview today. This interview is being done by Market News First and can be heard on their web page at the scheduled time of 2:00 pm Monday. Go to MN1.com to hear the interview. One of the more interesting topics to be covered will be why there is going to be an increase in the amount of used heavy equipment for sale and how AmeraMex is best suited to deal with this increase in sales of used equipment internationally. “With AmeraMex’s extensive experience in exporting of used heavy equipment into third world countries, we have the ability to move these increasing numbers of used machines,” explained Mr. Hamre. “Larger more established equipment companies tend to concentrate their sales efforts on new equipment rather then used, leaving this overseas used market niche to us.”
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.
AmeraMex International Inc.
Warren Murphy or Susan Anderson
1-800-540-AMMX (2669) (Investor Relations)