American Commerce Solutions, Inc. Announces Promotion
BARTOW, Fla., Aug. 30, 2004 -- American Commerce Solutions, Inc. (BULLETIN BOARD: AACS) today announced the promotion of Steven D. Smith to Executive Vice President of ACS.
American Commerce Solutions, Inc. President and Chief Executive Officer, Daniel L. Hefner, stated, "Steve continues to do an outstanding job of developing and implementing the strategic growth plans of Chariot Manufacturing Company, Inc., a wholly owned subsidiary of American Commerce Solutions, Inc. However, we know that Steve has the ability to play a larger role in the overall direction of the parent, ACS. Steve will remain at the helm of Chariot as its President and begin to expand his influence. Steve's engineering and business experience and education have well prepared him for this position."
Smith added, "I look forward to the additional challenge presented by the expanded responsibilities of serving as Executive Vice President of American Commerce Solutions, Inc. (http://www.aacssymbol.com/). Chariot Manufacturing Company (http://www.chariot-trailer.com/) will continue to absorb the bulk of my time until the business plan has been fully implemented, but I know that I will be able to contribute significantly to the overall management team."
This promotion will be effective September 1, 2004.
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.