American Commerce Solutions, Inc. (OTCBB:AACS) today released preliminary results of operations for IMW, its wholly owned subsidiary, for the fourth quarter and year-ending February 28, 2006. Daniel L. Hefner, President and CEO of ACS reported, �International Machine and Welding has ended the current fiscal year with its highest monthly revenue of the year at slightly over $232,000. Gross revenue for this fourth quarter will exceed the same period last year by 17.7% at $574,519. Subject to final adjustments and prior to completion of the year end audit, the preliminary review of the company records indicates that International Machine continues to be cash flow positive for the fourth quarter and for the year. We are proud of the effort of the IMW team this year as they have managed to exceed total revenue for last year by an average of $3,300 per month even though two of our more significant production machines were off line for significant rebuilds during a large part of the fourth quarter. Customer satisfaction, generated by quality workmanship and on time delivery, continue to be IMW�s �stock in trade�.� Information about International Machine may be seen at the company website, www.aacssymbol.com. The company�s other wholly owned subsidiary, Chariot Manufacturing Company, Inc., manufacturers of highly regarded fiberglass motorcycle trailers, maintains a website at www.chariot-trailer.com . ACS also has a Strategic Partner relationship with American Fiber Green Products, Inc. with web presence at www.americanfibergreenproducts.com . AFGP has recently filed SEC Form 10SB and will begin trading on the OTC Bulletin Board in the near future. 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.
American Commerce Soluti... (CE) (USOTC:AACS)
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