About ACR and its Wood and Tool Businesses

Introduction

ACR International is the leading publisher of electronic cookbooks and data-base CD-ROMs in the world and is the parent company for the other companies that will be discussed below. With millions of copies sold, ACR sells in both the United States and Canada, with sales and distribution to many of the major superstore chains operating in the United States.

ACR International is privately owned.

CEO and PRESIDENT

The principal owner, Douglas Myers (CEO) has an extensive engineering background and is a holder of numerous US patents and currently has 4 new patents pending. Doug’s vision, combined with his engineering abilities has always kept ACR on the cutting edge of its many product offerings. His pursuit of quality and excellence began as a young man while working for a wood production company where he was trained in the quality grading of raw wood for the production of wood floors. Even then, he was extremely fastidious in observing and differentiating those critical factors that determined quality over mediocrity.

Prior to starting ACR, Doug was CEO of Rocky Mountain Sea Life where he designed and manufactured one the world's foremost refrigerated display-case systems for the supermarket industry. Within a 3 year period, he was able to move the company from a $100,000 organization to a nearly $4,000,000 company, positioning it into the number two position in the world amongst its 14 major competitors. To achieve this, he secured manufacturing contracts to build refrigerated displays for such leading international companies as Friederick, Hussmann, Costan, Criosbanc, Nax, Kysor-Warren, Hill and Tyler – whose combined sales totaled well over $2 billion annually. Further, the company carried its own complete line of cases, adding versatility and variety to the existing line of cases. Among the many major accomplishments, Doug first introduced the concept and prototype of the very first European-curved glass live seafood case, which revolutionized and changed the total concept and presentation of seafood in the supermarket environment. He also conceptualized and brought the concept of sub-cooling to the refrigeration industry, which reduced the cost factor of cooling these large cases – a concept still widely in use today.

His company was also able to obtain sales contracts with many of the grocery store chains as well as many of the superstores, securing the contracts for the first three Wal-Mart superstores, originally built under the name of “Hyper-Mart USA.” Sales extended internationally to Asia (e.g., Singapore and the Philippines), Canada, Europe and the Middle East. Doug and one of his business partners – Bob Weingarten, worked with the FDA and NSF, playing a significant role in changing the process and establishing the standard for how seafood was regulated in the supermarket, refrigerated display case industry, forcing all competitors to follow suit.

After Rocky Mountain, Doug founded ACR, a company that started out as a Consumer Rights' Advocate group for the protection of consumer rights. Later he led the company in collecting one of the world’s largest databases of credit and consumer rights information available on the market at that time. While working with a network of attorneys, including a former chief executive counsel with the IRS, he battled on behalf of hundreds of consumers for their rights in settling debt with companies and individuals. He also screened individuals for IRS Offering and Compromises, saving some of his clients many thousands of dollars in legal fees and hundreds of thousands in unsubstantiated debts. One of the significant outcomes of this process was the development of “The Credit Solution” CD-Rom, which provided an exhaustive database of credit–related information for the average consumer. During this time, under the company name, Prodigita (beginning in 1994), he also developed the currently in-vogue electronic, multi-media Biz-Card, for which he holds an additional 4 design patents, on the Biz-Card format, including the copyright and trademarks on the name: Biz-Card. This product is a CD-Rom the size of a standard business card that can contain and provide multimedia and other audio-visual special effect presentations to targeted audiences. This product has been used for companies to put their entire business catalogs and product lines on the Biz-Card for presentation and distribution at professional shows and through mailings. Some of his biggest clients included The Boeing Company, where the production of these cards was designated for the Joint Strike Fighter jets, the AWACS fighter jets, the Boeing Super Hornet, the Boeing FA18, the Boeing F-15E Strike Eagle and the Navy's Tailhook Fighter Jet. Another special card was produced for Willie Nelson, through the combined efforts of the Sony Corp, the Blue Angels, and Willie Nelson.

Through 26 years experiences in working with the large chain stores, Doug then diversified ACR into selling a wide range of databases to the largest superstore chains, including Wal-Mart, Target, etc. In the process, ACR became the world’s largest supplier of cookbook databases, resulting in millions of dollars of sales. With the accrued capital, he further created four additional companies - Daytona Precision Tools (a new major player in the tool industry, creating new, improved and innovative woodworking and machinist tools, while reshaping the precision and function of many of these tools); Pedigree Wood Crafts (a company that provides new, innovative and re-designed wood worker products for the wood craft industry); Artistic Bathroom Fixtures (a company that distinguishes itself by reshaping and redesigning what today’s modern bathroom is all about); and his newest venture, Rock Point Cabinets, (a custom cabinet company that specializes in cabinetry for industrial applications such as condominiums, apartment houses, hotels, office buildings, and the health care industry, and for the home consumer).

Doug has also dabbled in a personal hobby that has involved over 20 years of professional photography and video production and recently partnered with a company called MindPix. From that association, they formed a new company called FlexStone. Their combined experience brings over 50 years of video production to FlexStone. Doug is the executive producer of a few instructional videos, with many additional videos under current development. A good many of these will be directly related to the businesses discussed herein.

With offices both in the US and Beijing, China, Doug and his partners have been continuously bringing new and innovative concepts to whatever industry ACR has been engaged in, and will continue to bring forth new and innovative products to the world.

PRINCIPAL

Thomas Fleischer, partner and one of the principals of ACR is also the current owner/founder of Composite Coatings, the world leader in on-site fiberglass repair and lining of industrial storage tanks and transport systems for the chemical and petroleum refining industries. Some of his jobs sites include Kennecott Copper – one of the world’s largest copper mines, where he relines their huge chemical processing tanks and has rebuilt all of their chemical sites. He has multiple crews operating in many areas of the country, in Germany, and in Europe. Among his many prestigious customers are the Ford Motor Company, Mag-Corp, UT, Delorian-Snow Cat, and an extensive listing of many others.

CFO/COO

Partner, Joseph Daily, CPA and MBA, has been with ACR for the past five years. Prior to joining ACR, Joseph’s resumé included 10 years with PriceWaterHouseCoopers, where he worked with a variety of industries from small to large multinational companies. After public accounting, he served in a senior management position in a large multinational company, primarily working with mergers and acquisitions, with transactions totaling over a half billion dollars. He then went on to operate a financial services company which secured over 100 million dollars in the public market. Joseph is also a co-founder of Conexus, a company which develops state-of-the-art asset tracking software, with such customers as the Department of Defense, Abbott Laboratories and many US hospitals. For the last several years, Joseph has also served as an adjunct professor at a local university.

VICE PRESIDENT OF SALES and MARKETING

Vice President, Dr. Bob Weingarten holds MSc and Ph.D. degrees in Tropical Marine Biology and in Leadership and Organizational Behavior. He is a published author of numerous journal and magazine articles. Today, he focuses largely on sales and marketing to the major superstores, grocery stores, and to the seafood industry. Bob has been a partner and has worked closely with Doug since 1986, and is also a partner in a seafood business in Brazil. He has worked in the supermarket industry since 1978. His cumulative sales have totaled many millions of dollars, both nationally and internationally.

VIDEO PRODUCER and DIRECTOR

Gil Howe holds a doctorate in business administration and has been involved with broadcasting and video/film production since 1975. Gil has earned much of his experience in management positions with major production houses such as the famous Osmond Family's Osmond Studios; where he was over Post-Production operations and became the Creative Director. He was also at the forefront of Com-World International in which he was the Promotional Director, producing video/film presentations for international marketing. Gil has directed regional television shows and produced the national HELP-U-SELL satellite network broadcast over the Bonneville Satellite System. He has produced and directed numerous television commercials, programs and documentaries.

His experiences include overseas markets such as the Cannes Film Festival, VidCom, MiFed and other markets held in Europe. He has been acknowledged and honored by "Who's Who in America Entertainment Executives," "Utah Association of Motion Picture and TV Artists" and the "Outstanding Young Men of America." He has been awarded several Tellys, Crystals, Auroras, and the coveted Axiem Awards for programming excellence.

Gil joint ventured with Doug to form FlexStone Productions to create a series of programs specializing in the woodcraft and tool industry.

CONCLUSION

With ACR’s continuing success, it is now well on the road to further diversification. We have designed some unique products to be shown for the first time, which we feel will be a “must have” to most users in the above-mentioned professional industries.

Our initial offering will be through our web/internet sites and catalog orders. We plan on blitzing the market by attending/participating in as many professional shows as possible throughout the United States, as well as offerings through television and commercial media, our catalog, and our web site addresses.

It is a pleasure of ACR to serve our many customers in as many ways as possible in improving and bettering their lives through ACR’s innovation, quality and unparalleled service.