AmeriChip Tool and Abrasives secures Carboloy line

DETROIT, MI, July 19 /PRNewswire-FirstCall/ - The Board of Directors of AmeriChip International Inc. (the Company) (OTC-BB ACHI) is pleased to announce its wholly owned subsidiary, AmeriChip Tool and Abrasives, ("ATA") has secured the right to represent the prestigious Carboloy line of products.

Carboloy's (http://www.carboloy.com) reputation as an industry pioneer dates back to 1925, when Dr. Samuel Hoyt of General Electric's Lamp Department began experimenting with tungsten carbide. The Carboloy Department of G.E. was formed three years later, with breakthrough advances in cemented carbide technology and its application in the metalworking industry. Carboloy, a Seco Tools company, is a leader in metalworking technology.

Their milling, turning, holemaking and threading solutions are unequaled in the industry for solving customers' ever-increasing demands for greater productivity, quality and cost-effectiveness. Seco/Carboloy maintains their world headquarters in Sweden and their North American headquarters in Warren, Michigan.

Mr. Ed Rutkowski, President of AmeriChip Tool & Abrasives projects that within a year, $2 million in gross sales is attainable for ATA with a market potential of $4.5 million. "We have confidence in our representation of the Carboloy line of products and we are very pleased to be associated with Carboloy" stated Mr. Rutkowski.

The association with Carboloy is in keeping with the Company's strategic business model to provide customers with all tools necessary for the removal of metal in the machining of their products in addition to the LACC process. "After extensive research of all of the major cutting tool manufacturers we are very pleased to be a part of the Seco/Carboloy distributor family. This is a great opportunity to represent a world leader in this industry," says Tom Frasier, Vice President of Sales.

Headquartered in Detroit, Michigan, U.S.A., AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.

The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.

For more information, visit our website at http://www.americhipintl.com .