SOURCE: AmeraMex International

AmeraMex International

May 14, 2015 10:00 ET

AmeraMex International Signs $2.1 Million Equipment Contract

CHICO, CA--(Marketwired - May 14, 2015) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies, announced that it has signed an agreement with a customer in Northern Calif. for $2.1 million. Under the terms of the agreement, AmeraMex will ship eight new Taylor forklifts to the customer by December 1, 2015. The company records revenue when equipment delivers to the customer.

AmeraMex CEO Lee Hamre has just returned from Republic of the Congo where the company has entered into a partnership with SAS Congo in Pointe Noire, Congo. Doing business in the Republic of the Congo requires a presence within the country as does Niger. As there are several opportunities in the Congo, the company has started the process of establishing a company, AmeraMex of The Congo, with partner SAS Congo.

Regarding Niger, the company is waiting for the inventory list from Niger's Minister of Transportation so that a purchase order and invoice can be created for the first 100 trucks and trailers based on an Agreement signed by the Niger Minister of Transportation. A standby letter of credit will be issued by Ecobank to AmeraMex International, Inc. when AmeraMex sends the invoice for 100 trucks to Ecobank. Once received, it will be submitted to the funding source for final approval.

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.

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.

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