American Commerce Solutions, Inc. Completes Acquisition and Announces Terms

BARTOW, Fla., Oct. 4, 2004 -- American Commerce Solutions, Inc. (BULLETIN BOARD: AACS) today announced that it has completed the acquisition of the assets of AFG, a fiberglass fabrication shop, to increase the production capability of Chariot Manufacturing Company, Inc., a wholly owned subsidiary.

Steven D. Smith, President of Chariot, stated, "We are pleased to announce that we now have the opportunity to produce a full line of fiberglass reinforced parts (FRP) under the Chariot banner. Our potential revenue is increased multifold because of the ability to simultaneously produce multiple products with the additional tooling. As we have previously noted, because of the fiberglass production constraints such as setting and curing requirements, we are limited in the number of trailers that can be produced with current tooling. This addition allows cash flow and revenue increases to be immediately improved, while new molds are being built for trailer production."

Smith continued, "The addition of the AFG molds has added several new wholesale customers to our list. Specifically, Dave Koorey Cars will continue to purchase the replica fiberglass car bodies from the various molds acquired. The vintage car and accessory business produced over $4 billion in 2002. The 10-year projection is that the industry will reach $15 billion. Vintage cars by Chariot Manufacturing will allow us to continue development of 'brand' recognition. Chariot Trailers will be a separate division from all other fiberglass products. Other products include twenty one van and camper tops and a number of boat products."

American Commerce Solutions, Inc. President and Chief Executive Officer, Daniel L. Hefner, stated, "Chariot Manufacturing is the beneficiary of an $848,000 asset purchase that will give Steve and his team the additional tools needed to better control cash flow and revenue generation. The new assets are being integrated into the workflow of Chariot and eliminating idle time in fiberglass production. These assets have produced millions of dollars in product and can do the same for American Commerce Solutions, Inc. (http://www.aacssymbol.com/) of which Chariot Manufacturing Company, Inc. (http://www.chariot-trailer.com/ ) is a wholly owned subsidiary.

According to Hefner, "The terms of the purchase included no cash or stock at closing. Various debt instruments were forgiven by American Commerce Solutions, Inc. and its subsidiaries, while promissory notes for approximately fifty percent of the purchase price at 8% per annum, payable interest-only monthly were also given. A note for $64,382.94 will balloon in one year, while the second note for $336,799.82 will balloon in five years. No more than twenty percent of the purchase price may be converted to restricted common stock at the discretion of the Seller, with the one-year restriction beginning at the time of conversion. We believe that this acquisition is solidly in line with our business plan. We are building assets, providing additional revenue opportunity through acquisition of an established product line and increasing shareholder value."

Hefner indicated that other acquisition negotiations continue, as do various financing options.

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.