LOS ANGELES and HEBEI, China, March 4 /PRNewswire-FirstCall/ -- American Metal & Technology, Inc. (OTC:AMGY) (BULLETIN BOARD: AMGY) ("American Metal," the "Company"), a leading manufacturer engaged in the development, manufacture and sales of high-precision metal casting, metal fabrication products and microprocessor-controlled electronic circuit boards in the People's Republic of China, today announced it has retained CCG Elite to design and execute its investor relations campaign. American Metal & Technology is a leading manufacturer of high-precision casting and machined products in China. The Company's product line includes automotive and airplane accessories, dispensers, machinery spare parts, marine hardware, pipe fittings, regulators, water treatment parts and other equipment parts made to customer specifications. The Company operates in a 53,819- square-foot manufacturing plant in Hebei, China, with monthly output capacity of 1 million parts. To capitalize on the fast-developing metal casting market in China, the Company recently installed 17 additional CNC lathe machines, which will increase production capacity by 20%. The Company recently announced plans for a 50% increase in the annual capacity for casting products to 3,600 tons from 2,400 tons, which will enhance the Company's capabilities for the development and manufacturing of circuit board solutions. For the nine months ended September 30, 2007, revenues increased 25.0% to $7.2 million from $5.8 million for the same period in 2006. Net income for the first nine months of 2007 was $1.4 million, up 26.0% from $1.1 million a year ago. "American Metal & Technology has a reputation worldwide for conducting business with integrity, and we are recognized by our customers for our high performance and overall value," said Mr. Chen Gao, President of American Metal. "We are committed to bring new and technologically advanced metal fabricated products to the global market. Combined with our recent capacity improvements, we expect to continue increasing production to meet growing demand." As China has grown in prominence in the overall metal fabrication industry, the number of precision investment casting facilities has risen dramatically in recent years. There were approximately 350 precision investment casting facilities in China at the end of 2003, and that number increased to 450 in 2005 and 480 in 2006. "American Metal & Technology has strong growth potential, which we expect will only continue to grow as it expands capacity and builds on its base of core customers," said Crocker Coulson, President of CCG Elite. "The Company's track record of strong revenue growth and effective operational management position it as an attractive investment vehicle that takes full advantage of the growth in demand for metal casting and fabrication in mainland China." About CCG Elite CCG Elite is a global, full-service investor relations firm, headquartered in Los Angeles, CA with offices in New York City, Newport Beach, Calif., Dallas, Texas, Hong Kong, Beijing, Shanghai and Tel Aviv. CCG Elite is uniquely positioned to provide outsourced, high-level investor relations solutions to its clients, combined with an in-depth understanding of Asia's corporate culture and economic environment, to convey their story to funds and broker-dealers located in the U.S. For further information, contact CCG Elite directly, or visit the Company's Web site at http://www.ccgelite.com/. About American Metal & Technology, Inc. American Metal & Technology, through its wholly-owned subsidiary American Metal Technology Group ("AMTG"), a Nevada Corporation, and through AMTG's subsidiaries, Beijing Tong Yuan Heng Feng Technology Co., Ltd. and American Metal Technology (Lang Fang) Co., Ltd., is a leading manufacturer of high-precision casting and machined products in the People's Republic of China. The subsidiaries operate in a 53,819-square-foot manufacturing plant with monthly output capacity of 1 million parts. In 2006, AMTG expanded into the design and manufacture of electric circuit boards for home appliances and motion controllers. The Company recently announced facility expansion plans to increase casting product capacity by 50% and enhance the development and manufacturing of its circuit board solutions at its Langfang manufacturing center. To learn more about American Metal & Technology, Inc., please visit the Company's website at: http://www.ammyusa.com/. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time. Contact: CCG Elite Investor Relations Mark Collinson, Partner (310) 231-8600 ext. 117 E-mail: DATASOURCE: American Metal & Technology, Inc. CONTACT: Mark Collinson, Partner, CCG Elite Investor Relations, +1-310-231-8600 ext. 117, , for American Metal & Technology, Inc. Web site: http://www.ccgelite.com/ http://www.ammyusa.com/

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