NEWS RELEASE

West Salem, OH – American Augers is pleased to announce that Zach Schultz has joined the company in the position of International Territory Manager. His territory will cover India, Indonesia, Israel, Malaysia, Pakistan, Philippines, Singapore, Thailand, Turkey, and Vietnam.

Prior to joining American Augers, Schultz worked as an Account Executive for the Barrett Trade and Finance Group, where he focused on international finance transactions, which allowed him to work diligently on creating protocol, templates, and analysis tools for Foreign Medium Term Loan programs, pioneering the approval of the Master Guarantee Agreement with the Ex-IM Bank, which granted direct lender status using Medium Term Guarantees and insurance products, or working with a variety of U.S. manufacturers and other financial institutions on improved ways to implement Medium Term and Short Term international financing arrangements..

American Augers feels strongly that Schultz’s background will be an asset to the company, as he can assist his customers with product financing options, or helping the company develop a firm strategy for the continued growth of locating international financing options that have mutual benefits to an ever growing global customer base.

Schultz is a 2003 graduate of David Lipscomb University with a Bachelor of Science in Finance and Economics.  Schultz  is a resident of Chicago, Illinois, and will begin his position immediately, as he can be contacted at (615) 496-5188, or zschultz@americanaugers.com

Contact:    Rob Foster: Marketing Manager