ACEN Aerogroup, Inc. Expands to East Coast Facilities
SARASOTA, Fla., Jun 21, 2001 (BUSINESS WIRE) -- American Communications, Inc.
(OTCBB:ACEN) announced today that Aerogroup, Inc. has finalized a lease that
secures hangar facilities at Melbourne International Airport in Melbourne,
Florida. The facility provides the company with a geographic and strategic
operations staging area for Aerogroup's aircraft.
Aerogroup presently has available 56 aircraft including: A4 Skyhawks, Harrier
Jump Jets, Hawker Hunters, MIG-21's, F-35 Drakens, a B-57 Canberra, and MK5
StrikeMasters.
Mr. Rick Wahl, CEO of Aerogroup, states, "The Melbourne facility provides the
Company with an East Coast location where the Company can provide a strategic
operations staging area for combat training support as well as full-blown
adversarial unit training. This is vitally important in meeting the Company's
long-term goals with respect to military support requirements. The Melbourne,
Florida location along with its Tulsa, Oklahoma facility provide the Company
with the national coverage it needs to implement and service its business plan
on a more efficient and cost effective basis."
American Communications Enterprises expects to complete the acquisition of
Aerogroup, Inc. by early August, 2001.
For additional information about American Communications, please visit the
Company's web site at www.aerogroupinc.com, or call Steve Wagoner at (941)
923-1949.
Certain statements included in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Actual results could differ materially from such statements expressed or implied
herein. Factors that might cause such a difference include, among others,
failure to satisfy conditions necessary for the acquisition of STI, competitive
pressures, the company's ability to successfully implement traffic, constantly
changing technology, associated with recently formed entities. As a result, this
press release should be read in conjunction with the Company's periodic filings
with the SEC.
CONTACT: American Communications, Inc., Sarasota
Steve Wagoner, 941/923-1949
www.aerogroupinc.com
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KEYWORD: FLORIDA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE
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