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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.



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