American Custom Components Retires Shares.SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--March 30, 1999--American Custom Components Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ACCM ACCM Asynchronous Control Character Map ACCM AIDS Community Care Montreal (Montreal, Quebec, Canada) ACCM Annual Conference for Catalog & Multichannel Merchants ACCM Anesthesiology & Critical Care Medicine ) announced today that Oxford returned 3,000,000 shares of the company's stock on Friday. Those shares were retired on Tuesday, March 30. American Custom Components recently completed the major phases of its acquisition of Loyd International. This acquisition will allow American Custom Components to make a strategic launch into the Active Matrix Liquid Crystal Diode manufacturing (AMLCD (Active Matrix LCD) See active matrix. ) market as well as additional acquisitions of connector and connector related businesses. The AMLCD market generates estimated revenues of $21 billion. ABOUT AMERICAN CUSTOM COMPONENTS Founded in 1994, American Custom Components designs and manufactures components for computer, military, telecommunications, industrial and medical sectors of the worldwide electronic connector industry. American Custom Components also provides engineering, tooling and injected plastic manufacturing services, and, competitive contract manufacturing at its Saint Lucia Saint Lucia (sānt l  `shə, –sēə), island nation (2005 est. pop. 166,000), 238 sq mi (616 sq km), West Indies, one of the Windward Islands. The capital is Castries. facility in the Caribbean. Visit American's Web site at www.acc-intl.com. Included in this release are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. |
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