To: Taki who wrote (130274 ) 3/26/2004 9:31:46 AM From: Taki Respond to of 150070 AACS .026 news.American Commerce Solutions, Inc. Updates Acquisition Progress , I have opted to make a release of general information," Hefner stated. "Our investors recognize the need to broaden the revenue base and spread the overhead burden. Many are continuing to accumulate our undervalued stock in anticipation of substantial gain as the company implements it's business plan. We believe that they will be rewarded for confidence in sound business practices." /FROM PR NEWSWIRE MIAMI 305-461-8666/ TO BUSINESS EDITOR: American Commerce Solutions, Inc. Updates Acquisition Progress BARTOW, Fla., March 26 /PRNewswire-FirstCall/ -- American Commerce Solutions, Inc. (OTC Bulletin Board: AACS) today released a progress report on its previously announced and planned acquisitions. Daniel L. Hefner, President and Chief Executive Officer, made the following prepared statement: "American Commerce Solutions, Inc. remains dedicated to its basic business plan, which calls for growth through acquisition of strategic business opportunities. Although discussions and negotiations continue with multiple companies, the most anticipated opportunities, of which the stockholders are aware, remain to be within the fiberglass industry. Although we had hoped to close on the AFG opportunity by fiscal year end, we experienced difficulties and timing issues that have moved us out slightly. All parties remain committed to the completion of the transaction and final documents are now in preparation. The second opportunity is the fiberglass recycling company, which remains unnamed. Progress is being made daily with all requisite functions, i.e., accounting, legal and structural, nearing completion. Our projected timeframe is this summer." Departing from his prepared notes, Hefner noted that his recent trips to the west coast were centered on negotiations related to acquisitions. There he met with stockholders and funding sources for current and future acquisition opportunities. "Because of substantial investor inquiry via e-mail and telephone about the status of the company's acquisition plans, I have opted to make a release of general information," Hefner stated. "Our investors recognize the need to broaden the revenue base and spread the overhead burden. Many are continuing to accumulate our undervalued stock in anticipation of substantial gain as the company implements it's business plan. We believe that they will be rewarded for confidence in sound business practices." American Commerce Solutions, Inc. has a website (www.AACSSYMBOL.COM) that can provide details and contacts for the company, as well as wholly owned subsidiary, International Machine and Welding, Inc. Chariot Manufacturing Company, Inc., also wholly owned by ACS, has its own website at www.chariot-trailers.com. 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. SOURCE American Commerce Solutions, Inc.