American Commerce Solutions, Inc. Eliminates Debt

BARTOW, Fla., July 12 -- American Commerce Solutions, Inc. (BULLETIN BOARD: AACS) today announced the successful conversion of $582,904.00 of debt and associated accrued interest to restricted common shares of AACS to be reported in the first quarter 10QSB for the period ending May 3, 20051, 2005.

Daniel L. Hefner, President and Chief Executive Officer of AACS, stated, "We previously announced a planned conversion of up to $900,000.00 of debt to equity during the first and second fiscal quarters ending August 31, 2005. We are excited to report that we have reached 65% of our stated goal in the first quarter. Equally valuable to our shareholders is that the conversion is to restricted common shares that will be locked up for a minimum of two years."

Hefner continued. "Not everyone gets as excited about our statement that we manage to the balance sheet, but it seems to me that they just don't understand the significance of erasing $583K of debt and its accruing interest. The value is actually measured on several levels. For instance, no cash needed for operations will be diverted to pay this debt. Additionally, it signals that the debt holder believes in the future value of the stock. However, the most obvious recognition of value can be a simple calculation. In order to earn $583K, a company producing a 10% net profit would have to produce an additional $5,830,000 of revenue to generate the same $583K. This is a consequential event in our eyes."

Reviewed first quarter results are scheduled to be released on July 15, 2005 on Form 10QSB, according to Hefner.

American Commerce Solutions, Inc. maintains a website, http://www.aacssymbol.com/ for the parent and International Machine and website, http://www.chariot-trailer.com/ for wholly owned subsidiary, Chariot Manufacturing Company, Inc.

ACS has formed a Strategic Partnership with American Fiber Green Products, Inc., http://www.americanfibergreenproducts.com/ , a true fiber glass recycling company with a multi-billion dollar potential in environmental protection. Details of the relationship are available in a slide presentation on the website.

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.