The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

A.C.L.N. Ships Record Number of Cars for Fourth Quarter

18 January 2001

A.C.L.N. Ships Record Number of Cars for Fourth Quarter

    LIMASSOL, Cyprus--Jan. 18, 2001--A.C.L.N. Limited , today announced that it shipped a record number of personal automobiles for the fourth quarter and year ended Dec. 31, 2000.
    The company shipped more than 35,000 personal automobiles in the fourth quarter of 2000.
    "We are pleased with the continued growing demand for our services and the strong growth we experienced in 2000. This momentum appears to be continuing in 2001. We have delivered 8,000 automobiles in the first two weeks of this year and have over 6,000 vehicles at our origination points awaiting shipment," commented Aldo Labiad, president and chief executive officer.
    A.C.L.N. Limited (www.aclnltd.com) is a marine logistics, shipping and trading company that arranges for the resale and shipment of personal automobiles and light trucks from four ports in Northern Europe and three ports in the United States to purchasers who live in West Africa, North Africa and the Middle East.

    This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of management and are subject to a number of risk factors and uncertainties that could cause actual results for performance of the company to differ materially from those described herein.