Wednesday, April 11, 2007 9:28:28 AM
via COMTEX
April 11, 2007
BARTOW, FL, Apr 11, 2007 (MARKET WIRE via COMTEX News Network) --
American Commerce Solutions, Inc. (OTCBB: AACS) today released preliminary results of operations for wholly owned subsidiary, International Machine and Welding, Inc., for March 2007, the first month of the new fiscal year.
Daniel L. Hefner, President and CEO of AACS, reported, "IMW ended the last fiscal year with its highest monthly revenue of the year. Subject to final adjustments, the preliminary review of the company records indicates that IMW produced revenue of $226,600 for the month of March 2007. This represents a $45K increase over the prior-year monthly average and $20K more than the same prior-year period. Customer satisfaction, quality workmanship and on-time delivery have instilled confidence and produced solid margins at IMW. The prospects for the near term could generate our highest revenue production since becoming part of AACS. I can't say enough positive things about IMW President, Don Harrison, and his capable staff of management, sales and operations. They have done an exceptional job."
Information about International Machine may be seen at the company website, 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 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 has recently filed SEC Form 10SB and will 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
SOURCE: American Commerce Solutions, Inc.
mailto:dhefner@aacssymbol.com
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