AmeriChip International Inc.(ACHI.OB)
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by IPOdesktop.com
AmeriChip International Inc.
Stock symbol: ACHI….……………….………………………..Ave. volume (1.02mm shares)

Stock price 2/17/06: $0.041…………….………………..Common shares (1/24/06: 301mm)

52-week price range: $ 0.003 - 0.079……….………Equity market capitalization: $12.3mm

Recent News…..Stock Price…..Chart…..SEC Filings

Watch & listen to Marc Walther’s industry engineer presentation (click)

(30-minute multi-media presentation that takes a little time to load)

BUSINESS

Commercializing

  • A break-through patented technology
  • Known as Laser Assisted Chip Control (LACC)
  • Targeting the robotic machining, manufacturing process

  • Especially for machining steel parts such as axle and drive shafts, connecting rods, axle tubes and hubs
  • Providing significant cost savings, increasing productivity, increasing through-put, enhancing safety and minimizing environmental hazards
  • KSI ACQUISITION

  • ACHI is working to acquire KSI Machine & Engineering Inc. based on a signed letter of intent. The acquisition would bring immediate revenue and automotive industry credibility to ACHI
  • Because KSI is ISO 9000 certified, has vendor numbers with a large number of major manufacturers and tier one suppliers, and has 38 years of good credit in the industry
  • KSI shop floor pictures (click)
  • GROWTH PLAN

  • ACHI has completed the design and testing of its patented Laser Assisted Chip Control technology
  • Has forged important strategic alliances with major companies in the laser and machining industries
  • Is currently working with automakers and vendors towards supplying processed parts and has presented its Laser Assisted Control technology to major automakers and parts manufacturers
  • Including Toyota, A.W. North Carolina, Delphi, NTN Columbus, Indiana, U.S. Manufacturing, TRW, and American Axle, among others.
  • -----------------------------------------------------------------------

    Address: 9282 General Drive, Suite 100, Plymouth, MI 48170-4607

    Telephone: 905-898-2646

    CEO: Marc A. Walther

    Web Site: http://www.americhiplacc.com

    State or other jurisdiction of incorporation or organization: NV

    Transfer Agent: Pacific Stock Transfer – Las Vegas NV

    Investor contact: R. Windsor at 905-898-2646, r.windsor@americhiplacc.com

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    MARKETS

  • Automobile manufacturing
  • Oil pipe manufacturing
  • Defense industry
  • Aircraft
  • Large construction equipment
  • Heavy trucks
  • Die cutting
  • Other industries requiring robotic fabrication of precision metal components
  • APPLICATIONS

    IMMEDIATE

    Automotive Industry

    Domestic production of automobiles approximates 17 million vehicles per year. Each vehicle contains approximately 18 component parts that could potentially utilize the ACHI Laser Assisted Chip Control process, (LACC)

  • The LACC can be used in the custom machining of precision metal components such as Mechanical Engine Components, Bearings, Drivetrain Components, Gear Wheels, Axle Shafts, Crank Shafts, Breaking Components, Axle Hubs and Discs.
  • ACHI is targeting the "Big 3" U.S. Automakers; Ford Motor Company, General Motors Corporation, and Daimler Chrysler, as well as foreign auto manufacturers with a major American presence including Toyota.
  • Each auto manufacturer has multiple manufacturing facilities throughout the country.
  • ACHI is also targeting related companies including Visteon, American Axle and Dana Corporation.
  • ENDORSEMENTS

  • "Programming the path of a laser is not a simple task but rather a developed science. It’s not just a matter of how fast we move across the part, we must modulate the laser based on the angle at which we are approaching the alloy we are cutting and the depth we need to achieve. "
  • Tom Kluger, GSI Lumonics, Manager (strategic partner)

  • "The most important benefits of the LACC process are the thru-put and the safety and environmental advantages offered by reliable chip control. A major challenge for AmeriChip International is finding its way through the organization of a large manufacturer and to convince them to look at the technology and to ignore the "not invented here" syndrome."
  • Bill McDonnell, Creative Automation (strategic partner)

  • "This is a process by which conventional metal removal can benefit from today’s laser technology. Advantages can translate into huge operational savings from what is normally considered scrap metal. By paying attention to the costs and effort involved with chip removal and associated costs, this laser processing method can be one of the greatest operation savings a company can recognize in many years. Perhaps this will be to metal working as sliced bread was to the bakery industry."
  • Cliff Ankersen, Industry Expert

    STRATEGIC PARTNERS

    Automated Concepts, Inc. (click)

  • Builds custom machinery for automation and materials handling
  • A recognized leader in industrial robotic system integration, and has developed custom industrial robotic systems for companies of all sizes including many Fortune 500s.
  • Creative Automation (click)

  • Paletted automation
  • A premier manufacturer of custom-engineered solutions for industry. From a single machine to a complete system, Creative Automation frees up labor, compensates for worker shortage, boosts productivity, and an created a hazard-free work environment.
  • Gsi Lumonics (click)

  • Leading provider of Laser equipment
  • Division of GSI (NASDAQ:GSIG, $500 mm market capitalization)
  • GSI Group Inc. supplies precision motion control components, lasers and laser-based advanced manufacturing systems to the global medical, semiconductor, electronics, and industrial markets
  • Seco Carboloy (click)

  • Provides optimum tool utilization
  • Parent company’s world headquarters are located in Sweden. North American headquarters are located in Warren, MI. Has eleven regional offices in the U.S., an office in Canada and one in Mexico. In addition, serves customers with a network of over 400 authorized distributors, located throughout North America.
  • Its innovative history dates innovative history dates back to 1925 when a General Electric scientist began experimenting with tungsten carbide. The Carboloy Department of G.E. was formed three years later.
  • REVENUE MODEL

  • Manufacturers customer parts complete in an AmeriChip facility
  • Licenses the customer to use the LACC process for part specific process on the customer’s manufacturing floor. ACHI receives a piece price and/or license fee
  • Applies the LACC process to customer parts and delivers to customer’s location.
  • THE PATENTED LASER ASSISTED CHIP CONTROL (LACC) PROCESS

    ACHI’s LACC process

    ACHI’s patented Laser Assisted Chip Control (LACC) process provides productivity benefits and cost savings, and eliminates a major manufacturing problem

  • When using a metal cutting tool in the robotic manufacturing process, the Laser Assisted Chip Control (LACC) process eliminates dangerous ribbon-like steel chips that tangle around moving tool parts, automatic gauging devices and other components
  • That interfere and cause an interruption or discontinuance of the automated manufacturing process.
  • The LACC process produces a superior product manufactured in a safer, lower cost working environment
  • Without the ACHI process

    The conventional answer to the robotic or computer controlled machining problem has been

  • To slow the machining process down so that the chips (created when using a cutting tool) can be controlled.
  • However, even slowing the machining process down doesn’t resolve the problem. Often the automatic gauging and robotics must be completely turned off because the chips are tangled around the part.
  • Traditional methods of handling the residue of machining metal parts

  • Has necessitated the manufacture of specially designed chip control inserts and the use of coolants
  • To assist in the separation and flushing of contaminated metal chips, (a problem that has plagued the metal parts manufacturing industry for more than 60 years).
  • Coolant represents a major component of the entire manufacturing processes, as much as 15% of the total machining production cost.
  • The problem has become even more prevalent with the development of highly automated computerized machine tools during the last two decades.
  • The LACC process does not require the use of coolant whatsoever and therefore the working environment is less toxic, cleaner and safer – and less expensive.

    CORE TECHNOLOGY & INTELLECTUAL PROPERTY

    Core technology

  • ACHI’s core patented technology includes the use of lasers to effect a controlled breaking of the metal chip.
  • Focuses on increasing machining efficiencies to effect faster feed rates and less down time.
  • Designed to work with technologies of existing machines and operations.
  • Patents

  • AmeriChip International Inc.'s wholly owned subsidiary AmeriChip Ventures, Inc. (AVI) is the owner of the rights and interests in all U.S. patents forming the "Laser Assisted Chip Control" technologies. The inventor, Edward Rutkowski, who is also a board member and active in the operation of the Company, was granted patents on April 6, 1993 and January 25, 1995 entitled "Method for controlling length of metal chips." AmeriChip, Inc. was formed to hold the patent and granted AVI the exclusive license to make, use and sell products covered by the foregoing patents.
  • The patented process seeks to solve the creation and subsequent handling of long stringy metal "chips" which have been a long-standing problem in the machining industry. The chip control problem adds additional cost when highly automated gauging, tooling and material handling (robots) is introduced.
  • "Chips" (created when using a cutting tool) are the stringy metal shavings that are created when using a cutting tool to remove metal. The long winding shards or ribbons of razor sharp steel wrap around cutting tools, the machine, the gauging and inhibits the robotics from removing the part. Millions of dollars have been spent annually for years on chip groove technology and coolants with no verifiable and consistent success in resolving these inherent problems. The use of coolants on machined parts has resulted in expensive, messy and environmentally unfriendly workplaces, that can take some plants as much as one shift per week to properly evacuate the system.
  • MANAGEMENT

    Marc Walther

    Chief Executive Officer, Director

  • Marc Walther has owned and operated manufacturing plants in both United States and Canada with broad management experience in all aspects of the metal machining industry for over 30 years. In addition, he developed a machining patent with Ford Motor Company that applies to faster thru put utilizing high speed machining of dies and molds with accelerated polishing using extruded abrasive brushes. Americhip International currently is the sole licensor of the patented technology with additional licenses to Ford Motor Company and Visteon Corporation.
  • After joining forces with Ed Rutkowski in the original Americhip Inc. he was responsible for the organization and implementation of the public company now called Americhip International, Inc.
  • Richard H. Rossmann

    President & Chief Operating Officer, Director

  • Mr. Rossmann was part of the executive team that rebuilt Chrysler’s ailing manufacturing structure in the early 1980’s. In the 1990’s, Richard Rossmann was hand picked by Richard E. Dauch, Co-Founder, Chairman and Chief Executive Officer of American Axle & Manufacturing to lead the manufacturing revitalization as Vice President of Manufacturing for the multi-billion dollar former General Motors driveline division.
  • Mr. Rossmann attended Penn State’s MBA School of International Business. Mr. Rossmann has spent over 30 years designing and building world class manufacturing operations in six countries on four continents for such companies as Chrysler and American Axle. For the last decade, Mr. Rossmann has owned Symtec, Inc. a manufacturing systems technology company providing consulting expertise for major manufacturing, acquisition and joint venture projects for Fortune 100 companies.
  • Mr. Rossmann currently is an owner/operator of precision machining manufacturing companies in Michigan and Indiana.
  • Edward Rutkowski

    Founder & Chief Technology Officer, Director

  • Edward Rutkowski is the inventor of the Laser Assisted Chip Control (LACC) process and the founder of the original company, AmeriChip Incorporated. Mr. Rutkowski joined forces with Mr. Walther to form the new corporation AmeriChip International in 2001 with a view to marketing the LACC process.
  • His knowledge in the machine tool industry is accredited to his over twenty three years of experience of professional practice that included product development, product application, marketing and sales management. Throughout his career he has received many awards for his accomplishments and leadership, including recognition as an Honoree member of the Who’s Who of America. With prior career credentials in the metal removal industry, he gained industry recognition for his expertise in the dilemma caused by chip control and metals residue, and is regarded as an expert in cost control and cost reduction.
  • Mr. Rutkowski is responsible for the Company's Research and Development efforts, patent enhancements and oversees quality control, process design and research for new practices on manufacturing and machining.
  • Thomas P Schwanitz

    Chief Financial Officer, Director

  • Mr. Schwanitz is Managing Partner of Schwanitz, Hayden & Associates, P.L.C. of Detroit , Michigan and has a Bachelor of Science – Accounting from Northern Michigan University.
  • His professional affiliations include member of American Institute of Certified Public Accountants, Michigan Association of Certified Public Accountants, Consultant to the Association of Macomb County Life Underwriters and Financial & Estate Planning Councils of Detroit and Macomb County.
  • Mr. Schwanitz is also a member of the Board of Directors for and is the Treasurer of the Mount Clemens General Hospital and on the Board of Trustees for Baker College, Mount Clemens.
  • Jim Miller -
    Vice President Sales & Marketing

  • Mr. Miller brings to the Company a strong background in technical services, capital equipment leasing/financing for automotive manufacturers and tier suppliers as well as mergers and acquisitions with Fortune 500 companies.
  • He brings a contact list throughout the continental U.S. including the major automakers in the United States. He began his business career with General Motors and has developed expertise in sales planning/management, budget controls, system development, and manufacturing of automation equipment.
  • Mr. Miller is responsible for the development of new business using his extensive list of key contacts at the upper management levels within the automotive, aerospace, medical, and farm implements industries.
  • Richard Zyla -
    Vice President - Process Implementation

    Mr. Zyla has served as Vice President of Engineering for AmeriChip's subsidiary, AmeriChip Tool and Abrasives since the summer of 2004.

  • Mr. Zyla has 24 years of experience in the manufacturing industry. His career began with CamShaft Machine Company, a division of Federal Mogel, in Michigan and during his tenure there, worked as a project manager and senior manufacturing engineer.
  • In 1994 he joined National Abrasives Systems Company (NASCO) as a process engineer and when he left the Company to join AmeriChip in 2002, he was both a partner and Vice President of Engineering. Mr.Zyla’s primary role is to processing customer orders from blueprint to implementation.
  • Advisor

    Peter Wanner

    Georgetown, Ontario Canada

    Mr. Wanner is a Certified General Accountant with over 25 years experience as a Chief Financial Officer for a number of companies. More specifically he has recently acted as an interim Chief Financial Officer for a tool and die machine shop that sells their product line to the automotive industry. In the past, Mr. Wanner has worked in the fields of heavy construction manufacturing, oil refineries and aviation. In particular, Mr. Wanner worked with Worldways Canada, Royal Aviation and Aviation Distributors, the latter two being publicly traded companies.

     

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