Auto Centrix Inc. Announces the Acquisition of Dominion Auto Auction Group, Inc.TAMPA, Fla. -- Auto Centrix, Inc. ATCX.PK, headquartered in Halifax, Nova Scotia For other uses, see Halifax. Halifax, Nova Scotia may refer to any of the following:
Auto Centrix President and 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. David Highmore stated, "We are excited about the Dominion Auction acquisition. Dominion's live auction platform will become a valuable asset in ACI's numerous products and services offerings. With sales tracking upwards of $4,000,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. for the current year, Dominion has outgrown their current facility and is negotiating to purchase additional adjacent acreage, by year-end year-end also year·end n. The end of a year. adj. Occurring or done at the end of the year: a year-end audit. Noun 1. . Dominion Auctions has grown at a strong and steady pace during the past two years and will continue to development at an even greater rate, once the facility is expanded." Post acquisition, Dominion Auto Auctions located in Halifax, Nova Scotia has signed a letter of understanding with the Halifax Regional Municipality A Regional Municipality (or Region) is a type of Canadian municipal government similar to and at the same municipal government level as a county, although the specific structure and servicing responsibilities may vary from place to place. to provide disposal services for their various department's surplus vehicle and heavy equipment inventories. Auto Centrix, Inc. focuses on various technological mediums which facilitate the purchase, sale and re-sale of vehicles, thereby lowering the costs, expanding the geography, and expediting the sale processes, while securing the integrity of the vehicle information. The products and services have been designed with the flexibility and scalability to interface with their clients existing systems. 'Safe Harbor' 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: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. |
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