Message #20 From:
NewsBot Date: November 6, 2006 07:01:00 AM
AAMU News American Ammunition Increases Product Line
MIAMI--(BUSINESS WIRE)--American Ammunition, Inc. (OTCBB:AAMU) announced today that it is
increasing its product selection for the Triton line of products. With
the success of the Quick-Shok line, the natural progression is to
reintroduce the HI-Vel line. This hollow point product line is designed
for the personal protection and shooting market. The marketing addition
of 8 new offerings (.32 H&R Magnum, .380 auto, 9mm, 38 Super, .38
Special, 357 Magnum, .44 Special and .44 Magnum) focuses on market share
in areas that have not been fully pursued by American Ammunition.
“The idea is to place new items in areas of
the market that we have not had a large presence with a low entrance
cost. It also gives our dealers a larger selection of products from us. I’m
excited about the direction of American Ammunition for the 2007 calendar
year and what we can offer to our dealers,”
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: 1-561-514-0194.
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.