AmeraMex International Reports Orders Totaling $58,000 and RFPs Totaling $20.8 Million
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AmeraMex International Reports Orders Totaling $58,000 and RFPs Totaling $20.8 Million

Tuesday, February 18, 2020 9:25 AM
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Company Update
AmeraMex International, Inc.

CHICO, CA / ACCESSWIRE / February 18, 2020 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received orders totaling approximately $58,000.

The orders consisted of a refurbished ASV track skid steer being shipped to a California construction company and a refurbished Caterpillar forklift to a California nursery. The equipment will ship before the end of the week.

AmeraMex CEO Lee Hamre commented, "We are working on a significant number of large opportunities and currently have $20.8 million of RFPs that will be awarded by the end of March. Based on the customers and equipment, we feel confident that we should close at least 50 percent of these opportunities. Of course, in sales it is not an order until the agreement is signed, and a substantial deposit received. We are looking forward to a great first quarter."

About AmeraMex International

AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, or for additional information and equipment videos.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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SOURCE: AmeraMex International, Inc.

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