Exhibit
      99.1




**American
      Metal & Technology, Inc. Taking Action to Address
      Trading**




Friday
      June 15, 4:27 pm ET




LOS
      ANGELES, CA--(MARKET WIRE)--Jun 15, 2007 -- It has come to the attention of
      American Metal & Technology, Inc. (the "Company") (OTC BB: AMMY.OB - News ),
      formerly known as Murray United Development Corp., that some, but not all,
      shareholders attempting to trade shares of the Company's common stock via the
      Depository Trust Corporation ("DTC") are unable to do so. This difficulty may
      be
      due to the change of the Company's name and symbol which became effective on
      June 11, 2007 for trading purposes. The Company is working through its stock
      transfer company, American Stock Transfer & Trust Co., Inc., to investigate
      the source of this issue and to resolve it as soon as possible.





About
      American Metal & Technology, Inc.




American
      Metal & Technology, Inc., 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. ("BJTY") and
      American Metal Technology (Lang Fang) Co., Ltd. ("AMLF"), is a leading
      manufacturer of high precision casting and machined products in the People's
      Republic of China ("China"). The subsidiaries operate in a 53,819 square foot
      manufacturing plant with monthly output capacity of 1,000,000 parts. In 2006,
      AMTG expanded into the design and manufacture of electric circuit boards for
      home appliances and motion controllers and was able to achieve profitability
      in
      its first year of operation by providing controller solutions to top brand
      appliances manufacturers in China.




Safe
      Harbor Statement




Certain
      of the statements made in the 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:




American
      Metal & Technology, Inc.


633
      W.
      5th Street, Suite 2641,


Los
      Angeles, CA 90071


Tel:
      213-223-2339




Market
      News First


Angela
      Junell


214-461-3411


ajunell@MN1.com