LAS VEGAS, March 19, 2003 (PRIMEZONE) -- Charles B. Layton Sr., President of AmeraMex International Inc. (Other OTC:AMMX) does not expect any delays in log shipments to the United States. Being the first to export logs from Baja Mexico to the U.S., AmeraMex has developed strict procedures to import logs. The demand is high as the company continues to increase business in the United States and in Mexico. Their goal is a minimum of 20,000 board-feet per day and up to 1,000,000 board-feet per month. In addition Ameramex has recently hired several experienced loggers to help with these goals while assisting in the training of the local personnel to increase output.
AmeraMex currently operates logging and mill operations in Baja, California. In the last few weeks AMMX has started to increase its output significantly. Mexican operations continue to expand within a high-growth environment. Several new products are being produced -- including the logs for a large log homebuilder. Layton stated, "We plan to be here in this market for many years."
AmeraMex International Inc., currently provides timber to the United States and lumber to the local Mexican markets.
More information can be found on AmeraMex's Web site: http://www.ammx.net
Safe Harbor Forward Looking Statements
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and reflect management's current views, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue and expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Statements made herein are not a guarantee of the future corporate or stock performance.