Wednesday, March 15, 2006 10:22:24 AM
Business Wire - March 15, 2006 09:58
BARTOW, Fla., Mar 15, 2006 (BUSINESS WIRE) -- American Commerce Solutions, Inc. (OTCBB:AACS) today released preliminary results of operations for IMW, its wholly owned subsidiary, for the fourth quarter and year-ending February 28, 2006.
Daniel L. Hefner, President and CEO of ACS reported, "Subject to final adjustments and prior to completion of the year end audit, the preliminary review of the company records indicates that International Machine will not only be cash flow positive for the fourth quarter, but will end the year profitable. We are proud of the effort of the entire IMW team this year. Although revenue will be down slightly, the quality was more important than the quantity."
Information about International Machine may be seen at the company website, http://www.aacssymbol.com .
The company's other wholly owned subsidiary, Chariot Manufacturing Company, Inc., manufacturers of highly regarded fiberglass motorcycle trailers maintains a website at http://www.chariot-trailer.com .
ACS also has a Strategic Partner relationship with American Fiber Green Products, Inc. with presence at 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.
SOURCE: American Commerce Solutions, Inc.
American Commerce Solutions, Inc., Bartow
Daniel Hefner, 813-244-9843
dhefner@aacssymbol.com
Copyright Business Wire 2006
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