SOURCE: AmeraMex International

AmeraMex International

June 12, 2015 08:00 ET

AmeraMex International Receives Rental Agreements for $200,000/Year and a Heavy Equipment Purchase Order for $180,000

CHICO, CA--(Marketwired - Jun 12, 2015) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies entered into a rent-to-purchase agreement with a container yard in Northern Calif. 

Under the terms of the agreement, the customer will rent the loaded container handler for approximately $12,500 per month with the option to purchase for roughly $220,000. The customer uses the equipment to load containers on and off of trucks and rail cars -- significantly increasing turnaround time and money saving. A second rental agreement was signed with a California Army Base. Under the terms of the five-year rental agreement for diesel forklifts, AmeraMex will report revenues of $50,000 per year for the term of the rental agreement.

AmeraMex CEO Lee Hamre commented, "In addition to the new rental agreements, we have sold a number of large capacity forklifts totaling over $180,000. The second and third quarters are showing continued growth within our core business. I would like to mention that the quarterly revenue projections provided in our June 9, 2015 press release did not included potential revenue from the company's agreement with Niger." 

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.

Except for the historical information contained herein, statements discussing sales or revenue projections are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made herein.

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