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This stock was recently suggested by Bob Scheurmann of the Fledgling Newsletter on his hotline (360)943-7873.  I have been following & researching the stock the last several weeks but have been able to find much information.  The following websites have provided basic information: atsz.com bigcharts.com Does anyone follow this company, have additonal sources of info? The following was released today: Monday April 13, 11:27 am Eastern Time Company Press Release SOURCE: American Track Systems International, Inc. ATS Board of Directors Elects the Hon. Richard A. Geist President and C.E.O. ALTOONA, Pa., April 13 /PRNewswire/ -- Pennsylvania State Representative Richard A. Geist, Majority Chairman of the House of Representatives Committee on Transportation, has been chosen to serve as the President and Chief Executive Officer of American Track Systems International, Inc., (OTC Bulletin Board: ATSZ - news) by the ATS Board of Directors. Mr. Geist will serve out the current term of Hans von Lange, through to the ATS shareholders' meeting, scheduled for August 8, 1998, when a new Board of Directors and corporate officers will be elected. Mr. von Lange, now 76, will continue to serve as Chairman until the shareholders' meeting. Mr. Geist, a full-time elected representative (Republican-Altoona) will serve without salary or compensation. Representative Geist will remain as a full-time state representative while he serves as President and CEO of ATS. Mr. Geist was nominated for the position by ATS Board member, The Hon. Dulany Foster, the former Chief Justice of the Baltimore City, Maryland Supreme Court. Mr. Geist is the past President and Chairman of the international High Speed Rail Transportation Association, which represents over 1,500 companies world-wide, employing over 1.2 million people. He is also the 1996 recipient of the Penn State University Outstanding Engineering Alumni Award. Mr. Geist was the sponsor of the act which created the PA High Speed Intercity Rail Passenger Commission. In accepting the position Mr. Geist remarked, ''American Track Systems is the only U.S. based public company dedicated to quality design, engineering and manufacture of the advanced technology rail transportation systems that will move America and the world in the 21st Century. For the past 10 years I have watched this company grow and for the past 14 months have served on the Board of Directors. Our company sees a future bright with opportunities, but coupled with current challenges to growth. The employees of ATS, our management team and the leadership of the ATS Board will meet these challenges and seize the opportunities to benefit our valued shareholders in the coming months ahead. I thank our Board for its vote of confidence in me. I am pleased to accept the position of President and CEO of ATS.'' ''Rick Geist represents the passing of the torch to a new generation of American engineering excellence. Rick's leadership abilities are enhanced by his global vision of the opportunities for ATS, as the world modernizes passenger and freight rail transportation for the developing needs of the 21st Century,'' noted John Tower, ATS Vice President for Corporate Development, Government Affairs and Shareholder Relations. ''With the election of Rick Geist, our Board of Directors has sent a strong positive message to our employees, shareholders, customers and suppliers ... it's a new day at ATS. ATS is now poised for a dynamic experience of growth with the spirit of dedicated teamwork, led by our new President Rick Geist and the ATS Board of Directors.'' Additional information on ATS can be found an the ATS website ''www.atsz.com''. ATS is a public company and currently trades on the OTC market under the symbol ''ATSZ.'' SOURCE: American Track Systems International, Inc.  | ||||||||||||||
 
        
 
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