Year End Financial Update Provided by AmeraMex International

* Reuters is not responsible for the content in this press release.

Tue Apr 6, 2010 10:00am EDT

  CHICO, CA, Apr 06 (MARKET WIRE) -- 
AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy
equipment to the stevedoring industry (shipping and logistics),
infrastructure and commercial construction, today provided a shareholder
update and financial results for the year, ended December 31, 2009.

    Current Highlights:


--  Received a $600,000 order from an Algeria construction company for a
    variety of infrastructure construction equipment. The equipment is
    scheduled to ship within a 90-day window.

--  Management is currently responding to several RFPs from North and West
    Africa countries

--  Logistics companies on the West Coast have begun to disseminate RFPs
    for new dock equipment including container handlers

--  AmeraMex has entered into a Heavy Equipment Service and Repair Contract
    with a U.S. Army installation in Northern California

--  Today the company received a $230,000 equipment order for an
    environmentally friendly log forwarder and processor. The equipment
    is shipping this week to the Lake Tahoe basin.

    
"This has not been a memorable year for most U.S. companies, including
AmeraMex," commented AmeraMex CEO Lee Hamre. "While we've had some
significant challenges, we have also been presented with considerable
opportunities. We are meeting the challenges head-on and are taking
advantage of the opportunities. These opportunities have resulted in the
company's involvement with a number of partners in synergistic industries.
We think this involvement will directly and indirectly boost the company's
sales of heavy equipment, and provide various commissions and/or finders
fees."

    Hamre continued, "Our work with several North African countries has
created many opportunities for the company and will provide both AmeraMex
and its shareholders with a significantly improved 2010. And, we are
pleased to see our U.S. business prospects begin to improve. We expect
the effects of a stronger U.S. economy in the third and fourth quarters
will generate additional order flow."

    For the year ended, December 31, 2009, the company reported revenue of
approximately $8.3 million and a net loss of ($501,451), or a loss per
share of ($0.002). EBITDA for the year was ($124,249). EBITDA, earnings
before interest, taxes, deprecation and amortization, is an accepted
industry tool to measure the fundamentals of growth companies.

    Hamre noted, "We will host a shareholder conference call in mid-April to
discuss the highlights of 2009 and the milestones we have set for 2010. A
news release containing the pertinent information will be publicly
disseminated shortly. We would like to sincerely thank our shareholders
for their continued support and look forward to our first shareholder
conference call."


                       AmeraMex International, Inc.
                    CONDENSED STATEMENT OF OPERATIONS
                                (UNAUDITED)

                                                         12 Months Ended
                                                        December 31, 2009
                                                          --------------
REVENUE
                        Total Revenue                     $    8,348,467

COST OF SALES
                        Total Cost of Sales                    6,505,936

GROSS MARGIN                                                   1,842,531

OPERATING EXPENSE
            SG&A                                               2,023,114
            Depreciation                                         257,375
                                                          --------------
                        Total Operating Expense           $    2,280,489

OPERATING INCOME (LOSS)                                         (437,958)

OTHER INCOME AND EXPENSE
            Interest                                            (119,827)
            Tax Credit                                            56,334
                                                          --------------
                        Total Other Income (Expense)             (63,493)

                                                          --------------
NET INCOME (LOSS)                                               (501,451)
                                                          ==============

                                                          ==============
Basic Earnings (Loss) Per Share                           $       (0.002)
                                                          ==============
Weighted Average Shares Outstanding                          272,000,000
                                                          ==============
Diluted Earnings (Loss) Per  Share                        $       (0.002)
                                                          ==============

                                                          ==============

                       AmeraMex International, Inc.
                   Unaudited Consolidated Balance Sheet

                                                         For the 12-Month
                                                           Period ended
                                                        December 31, 2009
                                                          --------------
ASSETS
    Current Assets
                Cash                                      $       67,638
                Accounts Receivable                              278,050
                Note Receivable                                  403,793
                Inventory                                      1,246,590
                Other Current Assets                              46,869
                                                          --------------
                             Total Current Assets         $    2,042,940
    Non Current Assets
                Investments                                      136,945
                Trucks & Trailers                              1,542,402
                Other Vehicles                                   310,757
                Fixtures & Equipment                             189,436
                Leasehold Improvements                           279,626
                Less: Accum Depreciation                      (1,668,303)
                                                          --------------
                             Total Non Current Assets            790,863

    TOTAL ASSETS                                          $    2,833,803

LIABILITIES
    Current Liabilities
                Accounts Payable                               1,107,981
                Taxes Payable                                    392,579
                Other Current Payables                            49,652
                                                          --------------
                             Total Current Liabilities    $    1,550,212
    Non Current Liabilities
                Notes Payable                                  1,548,638

    TOTAL LIABILITIES                                     $    3,098,850

EQUITY
                    Capital Stock                                204,025
                    Additional Paid in Capital                 1,974,104
                    Retained Earnings (Prior)                 (2,081,159)
                    Retained Earnings (Current)                 (501,451)
                                                          --------------
    TOTAL EQUITY                                                (265,047)
    TOTAL LIABILITIES & EQUITY                            $    2,833,803

    


About AmeraMex International

    AmeraMex International sells, leases, and rents heavy equipment to
companies within four industries: construction (light and infrastructure),
shipping, mining and logging. AmeraMex's largest product line is
specialized container handling equipment that enables stevedoring
companies to quickly and efficiently load and offload container and
general freight ships dockside. AmeraMex, with customers in North
America, South America, Asia, and Eastern Europe, has over 30 years of
experience in heavy equipment sales and service and inventories
top-of-the-line equipment from manufacturers such as Taylor Machine Works
Inc. and Terex Heavy Equipment.

    Safe Harbor Statement

    This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and as such, may involve risks and uncertainties. Forward-looking
statements, which are based on certain assumptions and describe future
plans, strategies, and expectations, are generally identifiable by the use
of words such as "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. These forward-looking statements relate
to, among other things, expectations of the business environment in which
the Company operates, projections of future performance, potential future
performance, perceived opportunities in the market, and statements
regarding the Company's mission and vision. The Company's actual results,
performance, and achievements may differ materially from the results,
performance, and achievements expressed or implied in such forward-looking
statements.

    

Media and Financial Contact:
Marty Tullio
McCloud Communications LLC
949.553.9748
Email Contact

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