AmeriChip International, Inc. (OTCBB: ACII) announced that they have received their first Laser Assisted Chip Control production order from Eaton Corporation. Eaton is a diversified manufacturing company that conducts operations worldwide and has produced over $13 billion in annual revenue.
“Kenneth W. Mann, CEO of AmeriChip, said, “AmeriChip secured the Eaton order because we are the only Tier One supplier* able to offer Laser Assisted Chip Control technology. Based on LACC technology, AmeriChip is the lowest cost supplier. This new Eaton order validates AmeriChip’s unique, patented, proprietary Laser Assisted Chip Control (LACC) technology. Our LACC technology has the potential of reducing costs in the turning manufacturing industry worldwide.”
After the pre-production approval process of 10 gears, the company will begin on the full process, which is expected to be completed by July 31, 2008 with 3,000 parts. After the first ten gears are run through the approval process, AmeriChip
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