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Aerogroup, Inc. Expands to East Coast Facilities.


Business Editors

SARASOTA, Fla.--(BUSINESS WIRE)--June 21, 2001

American Communications, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ACEN ACEN Anglican Communion Environmental Network
ACEN Assembly of Captive European Nations
) announced today that Aerogroup, Inc. has finalized a lease that secures hangar facilities at Melbourne International Airport
This airport is located in the United States. For other uses, see Melbourne Airport (disambiguation).


Melbourne International Airport (IATA: MLB, ICAO: KMLB, FAA LID: MLB
 in Melbourne, Florida. The facility provides the company with a geographic and strategic operations staging area for Aerogroup's aircraft.

Aerogroup presently has available 56 aircraft including: A4 Skyhawks, Harrier Jump Jets, Hawker Hunters, MIG-21's, F-35 Drakens, a B-57 Canberra, and MK5 StrikeMasters.

Mr. Rick Wahl, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Aerogroup, states, "The Melbourne facility provides the Company with an East Coast location where the Company can provide a strategic operations staging area for combat training support as well as full-blown adversarial unit training. This is vitally important in meeting the Company's long-term goals Long-term goals

Financial goals expected to be accomplished in five years or longer.
 with respect to military support requirements. The Melbourne, Florida location along with its Tulsa, Oklahoma facility provide the Company with the national coverage it needs to implement and service its business plan on a more efficient and cost effective basis."

American Communications Enterprises expects to complete the acquisition of Aerogroup, Inc. by early August, 2001.

For additional information about American Communications, please visit the Company's web site at www.aerogroupinc.com, or call Steve Wagoner at (941) 923-1949.

Certain statements included in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Actual results could differ materially from such statements expressed or implied herein. Factors that might cause such a difference include, among others, failure to satisfy conditions necessary for the acquisition of STI STI systolic time intervals. , competitive pressures, the company's ability to successfully implement traffic, constantly changing technology, associated with recently formed entities. As a result, this press release should be read in conjunction with the Company's periodic filings with the SEC.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 21, 2001
Words:290
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