AACS American Commerce Solutions Inc (CE)

American Commerce Solutions, Inc.'s (OTCBB:AACS) wholly-owned subsidiary, Chariot Manufacturing Company, Inc., today announced negotiations to open its first retail dealership. Daniel L. Hefner, President and Chief Executive Officer of American Commerce Solutions, Inc., stated, "I am pleased to announce that discussions to open a retail location of Chariot Trailers have begun. We feel that a retail location to display our product line will add an important new dimension to Chariot. We feel that the first dealership should be in close proximity to our manufacturing facilities. For that reason we are considering opening the first unit in Tampa. It is anticipated that this unit will be a joint venture between the company and an investor." "On-going discussions have included the possibility of establishing regional distribution territories. The first region would be the state of Florida although other regions may cover multiple states. The year round nature of motorcycle riding in Florida, as well as the numerous 'biking' activities, including hundreds of thousands of current and future motorcycle riders that attend Daytona Bike Week, make this a logical choice," Hefner stated. According to Chariot General Manager, Ken McCleave, "All of our products will show well. I am particularly excited about the reception that our 16 foot 'toy hauler' has received. The final interior design has been completed and the final tooling will be completed in about three weeks. It is important that we have a place to display our models for the prospective customers. We currently have deposits on fourteen 16' trailers to be delivered in the next sixty days." McCleave continued, "Chariot was cash flow positive for the month of July. We expect that to be the norm in the near future as we finish the tooling and are finally able to focus on production. This was essential before considering any dealership program." Safe Harbor Statement under the Private Securities Litigation Reform Act 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.