Hefner continued, "We are releasing these interim results of operations in light of the recently announced hiring of John W. Shearer to serve as President of this subsidiary operation. In that announcement, it was noted that Mr. Shearer had been working in a consulting capacity since October and that many of his observations and suggestions had been incorporated and/or implemented. It was further noted that the results would be evident in the fourth quarter numbers. Stockholder inquiries seemed to warrant an indicator of what to expect."

"International Machine and Welding, Inc. should be an industry standout in the Southeast. With the economy improving, a more focused sales effort and capitalizing on the unique machinery that IMW utilizes, we expect to continue to increase our market share, quarter by quarter. We will do what we do best and concentrate on efficiency, quality, customer satisfaction and retention and accomplishing those things profitably. We will continue to build on the solid foundation laid by existing and prior management," commented IMW President, John W. Shearer.

The machines referenced may be seen at the company website, www.aacssymbol.com.

Hefner further commented that the company's other wholly owned subsidiary, Chariot Manufacturing Company, Inc., manufacturers of highly regarded fiberglass motorcycle trailers, had only recently started production, but will also contribute to fourth quarter revenue.

Hefner emphasized that the results are unaudited, interim numbers and reflect only the first two months of the fourth quarter.

"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."

quote:

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Originally posted by daronov:
BARTOW, Fla., Feb. 2 /PRNewswire-FirstCall/ -- American Commerce Solutions, Inc. (OTC Bulletin Board: AACS - News) today released interim results of operations for the fourth quarter ending February 29, 2004.
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Daniel L. Hefner, President and Chief Executive Officer of American Commerce Solutions, Inc., stated, "Based upon our books and records, we are pleased to announce that ACS' wholly owned subsidiary, International Machine and Welding, Inc., can report that revenues for the first two months of the fourth quarter have exceeded the total three month revenue of any of the prior quarters of the 2003-2004 fiscal year. The total revenue for the months of December and January, subject to minor adjustment, was $502,784. The December revenue was $232,082, followed by January revenue of $270,702. The work in progress, or sitting on the floor, in the shop for February is in excess of $156,000. These numbers are indicative of the up-turn in the local economy and effective use of the resources available."

Hefner continued, "We are releasing these interim results of operations in light of the recently announced hiring of John W. Shearer to serve as President of this subsidiary operation. In that announcement, it was noted that Mr. Shearer had been working in a consulting capacity since October and that many of his observations and suggestions had been incorporated and/or implemented. It was further noted that the results would be evident in the fourth quarter numbers. Stockholder inquiries seemed to warrant an indicator of what to expect."

"International Machine and Welding, Inc. should be an industry standout in the Southeast. With the economy improving, a more focused sales effort and capitalizing on the unique machinery that IMW utilizes, we expect to continue to increase our market share, quarter by quarter. We will do what we do best and concentrate on efficiency, quality, customer satisfaction and retention and accomplishing those things profitably. We will continue to build on the solid foundation laid by existing and prior management," commented IMW President, John W. Shearer.

The machines referenced may be seen at the company website, www.aacssymbol.com.

Hefner further commented that the company's other wholly owned subsidiary, Chariot Manufacturing Company, Inc., manufacturers of highly regarded fiberglass motorcycle trailers, had only recently started production, but will also contribute to fourth quarter revenue.

Hefner emphasized that the results are unaudited, interim numbers and reflect only the first two months of the fourth quarter.

"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."

Look at the chart also http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=aacs&time=&freq=

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