Message #18 From:
Stock News Bot Date: October 11, 2006 04:00:00 AM
AAMU News American Ammunition Increases Product Lines
MIAMI--(BUSINESS WIRE)--American Ammunition, Inc. (OTCBB:AAMU) announced today that it is
increasing its product selections for the calendar year of 2007. The
increase in the product lines effectively decreases the overall per unit
cost of all products in the same product line. The addition of the three
(3) new products (.30 carbine soft point, .223 match HP and 45-70 SP) is
designed for users in the hunting market. AAMU selected these three (3)
additional products in response to customer demand when purchasing from
the 2006 product line. The new products are slated for production and
shipment in the latter part of the fourth quarter of 2006.
“The added consumer demand for increases in
and supplements to our product lines benefit us twofold. It increases
our revenues and enables AAMU to increase its shelf space in its
existing sales facilities. This twofold process enables us to fully
support our dealer base,” said Paul Goebel,
National Sales and Marketing Director of American Ammunition, Inc.
About American Ammunition, Inc. - AAMU is an autonomous manufacturer of
ammunition, with the technology and equipment to take advantage of the
growing market. It has an excellent reputation within the industry. The
ammunition industry has experienced a 28% average increase in revenues
annually between 1991 through 1998, and the trend is expected to
continue through the year 2006 and beyond. For further product
information, please call 1-305-835-7400 or visit the website at: www.a-merc.com.
For Investor Relations information, please call: 1-305-446-4800 or
e-mail: CISintr@netscape.net.
This release contains statements that constitute forward-looking
statements. These statements appear in a number of places in this
release and include all statements that are not statements of historical
fact regarding the intent, belief or current expectations of the
Company, its directors or its officers with respect to, among other
things: (i) the Company's financing plans; (ii) trends affecting the
Company's financial condition or results of operations; (iii) the
Company's growth strategy and operating strategy; and (iv) the
declaration and payment of dividends. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend," and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond the Company's
ability to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of various
factors.
