ACMAT Corporation was saddened by the death of the Company’s founder, Chairman, President and Chief Executive Officer, Henry W. Nozko Sr. on January 13, 2002. His unique style, determination and skill led the Company through five decades of expanding products and services while broadening and strengthening the Company’s financial resources. From selling ceiling tile out of a one-car garage, the Company evolved into a diversified, multi-industry provider of construction and financial services. Under Mr. Nozko’s leadership, equity grew from approximately $4 thousand to $38 million with only $1.3 million raised as equity capital from the Company’s initial and only public offering in October 1971. The balance was generated the old fashion way. Shareholder value has grown from $1 per share at the time of the 1971 public offering to $16 per share today, an increase of over 1600%. We have dedicated this Annual Report to Mr. Nozko. Time will not impair the continuing benefits of Henry Nozko’s tremendous generosity nor change the legend of his unique leadership
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