Cyber-Thingy™ And EmpaSys™ Expand Upon Agreement
CORAL SPRINGS, Fla., Dec. 17, 2012 /PRNewswire/ -- Dynasty Limousine, Inc. (PinkSheets: DNYS) soon to be known as Cyber-Thingy™ Inc., is pleased to announce that EmpaSys™ and DNYS's wholly-owned subsidiary, Cyber-Thingy™ have expanded upon their Master Agent License, Cross Marketing and Distribution Agreement with Transaction Management LLC for EmpaSys™.
The EmpaSys™ electronic payment solution currently uses a computer web-based platform to process all transactions. The Agreement with Cyber-Thingy™ will enable EmpaSys™ to convert its current eligible locations to upgraded store friendly Kiosk systems supplied by Cyber-Thingy™.
Cyber-Thingy™ has developed 3 different types of Kiosks a free standing machine, a counter top design and a mounted tablet design. EmpaSys™ can utilize all 3 versions within its current 1400 locations and for all future locations. Cyber-Thingy™ will generate revenue from the sale of the Kiosk systems, transactional fees and digital media advertisements. The more locations, services, transactions and media advertisements the more fees generated for Cyber-Thingy™.
Cyber-Thingy™ will be split into two operations. One will be for U.S. operations for its partnership with EmpaSys™ and the second operation will be international kiosks, which will be a combination of the EmpaSys™ electronic payment solutions and the gaming software from Cyber-Thingy™. This will help shield the U.S. operations from the negativity surrounding Sweepstakes gaming when negotiating new locations and/or additional services to add to the machines.
EmpaSys™ brings 10 years of experience and Independent Sales Organizations (ISO's) already in place to place the new kiosk-styled machines. Each version will have media marketing on them which will add to the revenue stream from each location. By partnering with EmpaSys,™ Cyber-Thingy™ believes it has a very risk free and easy entry into the market place with revenue streams built in. Together both EmpaSys™ and Cyber-Thingy™ will look to expand the market to a potential of an additional 20,000 locations in the U.S. not including international locations. This will come from the current ISO's in place with the new kiosk-styled machines and with future partnerships combining additional services further expanding the offering of each kiosk machine.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE Dynasty Limousine, Inc.