EXHIBIT 99.1


AmeriChip International, Inc. Signs Letter Of Intent To Purchase KSI Machine &
Engineering Inc. Tuesday December 7, 10:00 am ET

PLYMOUTH, Mich., Dec. 7, 2004 (PRIMEZONE) -- The Board of Directors of AmeriChip
International, Inc. (OTC BB:ACHI.OB - News) announced that the Company has
signed a Letter of Intent to purchase KSI Machine & Engineering Inc. ( "KSI ")
Clinton Twp, MI (http://www.ksimachine.com)

KSI is a well-established Tier One Supplier based in Michigan. KSI is a leader
in machining large industrial castings and molds for the automotive and
aerospace industries utilizing state of the art CNC machinery that has
revolutionized die machining. KSI believes that the benefits of this advanced
technology to customers include reduced machine time, unparalleled machining
accuracy, and less time through try-out. By incorporating the AmeriChip Laser
Assisted Chip Control ("LACC") process within KSI's successful and profitable
business model of over forty years, AmeriChip expects to expand and enhance
KSI's product offering to its customer base.

AmeriChip believes that its LACC process will provide KSI with the unique,
competitive and profitable advantage on quoting and securing purchase orders on
long chip producing metals for large volume and long term production machining
orders. It is the opinion of the Board of Directors of AmeriChip that this
acquisition is not only a benchmark for AmeriChip but commences what management
believes is an exciting beginning to its profitable and successful future.

AmeriChip is currently conducting its due diligence necessary prior to signing
the Purchase Agreement. AmeriChip is making a stock purchase of 100% of the KSI
stock for $3.2 million. This transaction, which is subject to the signing of
definitive agreements and customary closing conditions, is expected to close
early in 2005. The Company has paid a $50,000 deposit with the signing of the
Letter of Intent. When the Company acquires KSI, Mr. Jim Kotsonis, the owner and
founder, will receive 500,000 restricted shares of AmeriChip's common stock for
consulting services to be rendered over the next one and a half years.

Headquartered in Plymouth, MI, U.S.A., AmeriChip International, Inc. holds a
patented technology known as LACC, the implementation of which results in
efficient chip control management in industrial metal machining applications.
The LACC technology has the potential to provide substantial savings in
machining costs of certain automobile parts providing much more competitive
pricing and more aggressive sales approaches within the industry.

The innovative AmeriChip business model, enhanced by its AmeriChip Tool and
Abrasives subsidiary, is designed to establish an extensive resource for cost
saving services and products that all cost conscious industrial steel and
aluminum machining companies require. AmeriChip is committed to keeping jobs in
America for Americans.

For more information, visit our website at http://www.americhipintl.com or,
contact R. Windsor at 905-898-2646 or, send an e-mail to
r.windsor@americhipintl.com.


This release may include projections of future results and "forward-looking
statements" as that term is defined in Section 27A of the Securities Act of 1933
as amended (the "Securities Act"), and Section 21E of the Securities Exchange
Act of 1934 as amended (the "Exchange Act"). All statements that are included in
this release, other than statements of historical fact, are forward-looking
statements. Although management believes that the expectations reflected in
these forward-looking statements are reasonable; it can give no assurance that
such expectations will prove to have been correct. Important factors that could
cause actual results to differ materially from the expectations disclosed in
this release, including, without limitation, in conjunction with those
forward-looking statements contained in this release.

Contact:

AmeriChip International, Inc.
R. Windsor (905) 898-2646
r.windsor@americhipintl.com
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Source: AmeriChip International, Inc.