Message #14 From:
Stock News Bot Date: November 29, 2005 04:43:00 AM
AACS News American Commerce Solutions, Inc. Announces Test Results
BARTOW, Fla.--(BUSINESS WIRE)--Nov. 29, 2005--American Commerce Solutions, Inc. (OTCBB:AACS) today announced that it has received initial test results which could lead to a substantial production contract for its IMW subsidiary.
ACS, President and Chief Executive Officer, Daniel L. Hefner, commented, "Several weeks ago ACS, through its IMW subsidiary, conducted a series of tests. The results of the tests revealed that all application expectations were met or exceeded. These results paved the way for the next phase of testing. We are hopeful that the successful results of this testing will be replicated in the future, signaling the need for substantial production equipment to be built contractually by IMW. Once all tests are completed, it is anticipated that International Machine and Welding, Inc. will enter into an exclusive contract to build various production equipment. We have been informed that appropriate funding for the production of the machinery and related projects has been approved."
American Commerce Solutions, Inc. is a multi-industry holding company. ACS currently has wholly owned subsidiaries International Machine and Welding, Inc. and Chariot Manufacturing Company, Inc. which includes Chariot Trailers and the AFG job shop. The ACS website, http://www.aacssymbol.com highlights the IMW operation and links to the Chariot website, http://www.chariot-trailer.com . ACS also maintains a Strategic Partnership with American Fiber Green Products, Inc., http://www.americanfibergreenproducts.com .
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.
