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American CinemaStores Inc. names Chris Kelly president of wholly owned subsidiary Sierra Fixture & Design Inc.


SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif.--(BUSINESS WIRE)--March 28, 1995--American CinemaStores Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ACSI ACSI Association of Christian Schools International
ACSI American Customer Satisfaction Index
ACSI Association Canadienne des Sciences de l'Information (French)
ACSI American Communications Services, Inc.
) has announced the appointment of Chris Kelly Chris Kelly may refer to the following persons:
  • Chris Kelly (ice hockey) - National Hockey League player
  • Chris "Mac Daddy" Kelly - One half of Kris Kross
  • Chris Kelly (musician) - One half of (Sister Machine Gun)
  • Chris Kelly (jazz) - jazz trumpeter, b. 1890-1929
 as president of its newly formed wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 Sierra Fixture & Design Inc.

Sierra Fixture & Design will specialize in the design and production of high-quality custom-made sales fixtures for shopping- center malls.

According to American Cinemastores' chief executive officer, Gill Champion, and president, Steve Natale, the growing demand among mall managers and mall developers, especially those involved in renovation and new construction, for fixtures that are at once aesthetically attractive and readily available to the specialty leasing market has led to the creation of this new company.

While offering a wide variety of materials and finishes as customizing options to the trade, Sierra Fixture & Design is able to standardize production -- and maintain reasonable pricing -- without sacrificing the quality and appearance of custom design. Among the special features of the new products will be enhanced storage capabilities and modularization to expand at minimal cost.

American CinemaStores was established in 1992 and is traded on the NASDAQ Small Cap Exchange under the symbol ACSI.

CONTACT: American CinemaStores Inc., Santa Monica

Chris Ebert, 310/394-6444
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 28, 1995
Words:191
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