Daniel L. Hefner, President and CEO of AACS, reported, "In preliminary results, IMW remains on track to have a record breaking year. Subject to final adjustments, the preliminary review of the company records indicates that IMW produced revenue of $255,076 for the month of October 2007.This represents a $73,143 or 40.3% increase over the prior year monthly average and $42,320 or 19.9 % more than October 2006."
Hefner continued, "At the risk of sounding like a broken record, the IMW staff continues to be impressive and consistent. They have not only generated higher revenue, but have also increased gross margin and net profit. The Board of Directors recognizes and commends them for the dramatic results of their extraordinary effort."
Information about International Machine may be seen at the company website, WWW.AACSSYMBOL.COM.
The company's other wholly owned subsidiary, Chariot Manufacturing Company, manufacturers of highly regarded fiberglass motorcycle trailers, maintains a website at www.chariot-trailer.com.
ACS also has a Strategic Partner relationship with American Fiber Green Products, Inc. with web presence at www.americanfibergreenproducts.com. AFGP expects to begin trading on the OTC Bulletin Board in the near future.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
Contact:
Daniel Hefner
813-244-9843
dhefner@aacssymbol.com