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AmeriResource Subsidiary, ATTO Enterprises, Inc., Appoints Interim President

Thu. August 20, 2009; Posted: 08:00 AM
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LAS VEGAS, Aug 20, 2009 /PRNewswire-FirstCall via COMTEX/ -- ARIO | Quote | Chart | News | PowerRating -- AmeriResource Technologies, Inc. (Pink Sheets: ARIO), a diversified holding company, subsidiary, ATTO Enterprises, Inc., appoints Rob Sutton as the interim President of the Company.

Delmar Janovec, CEO of AmeriResource comments, "Rob Sutton brings an extensive knowledge of the ATTO proprietary software that has been developed for the shipping-freight industry. His expertise and background provides a valuable component to the current business model of ATTO which is a key to retaining its current clients as well as the addition of new clients. We look forward to working with Rob to achieve the business objectives of ATTO Enterprises while tapping into the enormous shipping-freight markets."

Mr. Sutton, President of ATTO Enterprises, Inc., remarks, "I'm looking forward to working with Mr. Janovec in the further development of ATTO's software platform designed for the shipping-freight industries and expanding its current business model. We are optimistic that with the right management team and financing we can bring on many new clients which spend a significant amount on shipping annually by offering the client various options for its shipping and potentially considerable savings on their shipping expenditures."

The Company is in the process of updating its own website as well as ATTO Solutions website and subsidiary websites that have dated information. We are committed to delivering up to date and accurate information to potential customers and investors alike. Management is working diligently to bring AmeriResource filings current with the SEC and revamping our website to be in compliance with the current information requirements.

About ATTO Enterprises-Addressing the $600 Billion Shipping-Freight Industry

ATTO Enterprises addresses the shipping expenditures for its clients by providing our software technology that reviews the customer's overall freight systems and expenses to determine if the customer's costs are in line within the industry. Following the analysis, the Company will provide the customer with our findings and potential cost saving projections. If ATTO does not save the customer on its shipping charges, then the customer does not pay. If ATTO saves the customer on its shipping charges, then ATTO shares in the cost savings as our fee for the services. If ATTO Enterprises is able to capture only a fraction of this industry revenue, ATTO will have a bright future.

The Company encourages the public to read the above information in conjunction with its year-end 10-KSB for December 31, 2007, and the Quarterly statements filed in calendar year 2008. The financial statements can be viewed at www.sec.gov.

ABOUT AMERIRESOURCE: AmeriResource is a diversified holding company with headquarters in Las Vegas, Nevada. For more information on the Company's subsidiaries, please see the Company's websites at http://www.attosolutions.com, www.bizauctions.com, www.roboservercorp.com, & www.ameriresourcetechnologies.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov. The Company will provide you with copies of this information upon request.

SOURCE AmeriResource Technologies, Inc.

http://www.ameriresourcetechnologies.com
For full details for ARIO click here.

    


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