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Business News
PRESS RELEASE ARCHIVES FROM SEND2PRESS® NEWSWIRE
NOTICE: THIS IS ARCHIVAL CONTENT AND LIKELY OUT OF DATE.
Edited for Send2Press by Carly Zander
Lyamec Corporation Leads American Health Corp. into Libya, Establishing a Foothold for Commerce
HOUSTON, TX - February 2, 2004 /Send2Press Newswire/ -- U.S. based Lyamec Corporation
(www.lyamec.com), a franchise, merchandising and distribution services company, announced
today that it will lead American Health Corp., a U.S. health products and services provider
with over 250 million dollars in marketable products and capital securities, into a multi-million dollar agreement to identify and implement business practices with technology to
secure a competitive position in Libya.
The agreement with American Health Corp. comprises effective investment-related franchises,
merchandising agreements, joint ventures and market-entry strategies.
The agreement also includes a product distribution agreement effective on completion of the
first phase of the newly planned distribution center. Introduced as a world-class facility
with automatic distribution control systems by The Lyamec Corporation, the center is
intended to fully comply with international standardization in the entire supplier auditing
process.
"We are proud to be the leader in another ground breaking step," said Lyamec CEO R.
Raymond. "The Lyamec Corporation is grateful to the United States Government for its
authorization (with appropriate safeguards) for commercial sales of food, medicine, and
medical equipment to Libya. We are also grateful to the Libyan Government for its
acknowledgment and endorsement of the Lyamec Corporation, through the Libyan General Union
of Chambers of Commerce, Industry and Agriculture (LGUCC)."
The Lyamec Corporation, a Texas Corporation, was established in 1999, to fulfill the
existing and expanding demand for U.S. made products for specific Libyan market segments as
outlined by President Clinton on April 28, 1999.
Comprising an international network of 150 professionals and thirty years experience,
including sectors of Oil and Gas, Manufacturing and Engineering, and International Retail
Operations, the Lyamec Corporation efficiently and economically assists American
Corporations in the food and medical industry in developing new more effective sales and
distribution channels in Libya.
Organization Website:
www.lyamec.com
Source of News:
Lyamec Corporation
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