American Commerce Solutions, Inc. Announces Test Results.BARTOW, Fla. -- American Commerce Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AACS AACS American Association of Christian Schools AACS Advanced Access Content System (standard for content distribution and digital rights management) AACS American Academy of Cosmetic Surgery AACS Attitude and Articulation Control Subsystem ) today announced that it has received initial test results which could lead to a substantial production contract for its IMW IMW International Map of the World IMW Israel's Media Watch IMW International Minimum Wage IMW Inspection Moderator Workshop (STSC) subsidiary. ACS (Asynchronous Communications Server) See network access server. , President and Chief Executive Officer, Daniel L. Hefner, commented, "Several weeks ago ACS, through its IMW subsidiary, conducted a series of tests. The results of the tests revealed that all application expectations were met or exceeded. These results paved the way for the next phase of testing. We are hopeful that the successful results of this testing will be replicated in the future, signaling the need for substantial production equipment to be built contractually by IMW. Once all tests are completed, it is anticipated that International Machine and Welding, Inc. will enter into an exclusive contract to build various production equipment. We have been informed that appropriate funding for the production of the machinery and related projects has been approved." American Commerce Solutions, Inc. is a multi-industry holding company. ACS currently has wholly owned subsidiaries International Machine and Welding, Inc. and Chariot Manufacturing Company, Inc. which includes Chariot Trailers and the AFG AFG Afghanistan (international vehicle registration) AFG American Financial Group AFG Assistance to Firefighters Grant AFG Arbeitsförderungsgesetz (German: Labor Advancement Law) AFG Accreditation for Growth job shop. The ACS website, http://www.aacssymbol.com highlights the IMW operation and links to the Chariot website, http://www.chariot-trailer.com . ACS also maintains a Strategic Partnership with American Fiber Green Products, Inc., http://www.americanfibergreenproducts.com . Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under 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: 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion