Racing Limos America Looks to Build on Third Quarter 2,000% Revenues Burst
DOVER, N.H., Dec. 22, 2011 /PRNewswire/ -- Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC: ATYG), is expecting continued revenue growth through Q4 2011 and into 2012.
"We had a spectacular third quarter," says CEO James Albion, referring to their November 22 news of their 2,000% Q3 revenue growth. Payments from Franchisees as well as beefed up marketing and advertising programs extending through the holiday season are expected to provide strong Q4 earnings for the Company.
"We are out pushing for holiday advertising for the remainder of this year," says CEO Albion. "We're also looking at more serious revenues in early 2012 as we continue speaking with dozens of ad agencies about advertising for the Super Bowl."
Racing Limos America is planning to send "several" Racing Limos to this year's game in Indianapolis, and is looking for advertisers interested in being seen throughout the Indianapolis area, and at the parties and game February 5. "Every agency we have spoken with to date has requested the information to present to their clients," says Albion. "I expect we will have a terrific response to this promotion."
Albion has said before he expects 2012 to be a breakout year for Racing Limos America. "I have said, and continue to believe that advertising and marketing is recession-proof. Regardless of economic conditions, businesses will continue to spend hundreds of billions of dollars each year marketing their products and services."
Racing Limos America is a new niche marketing medium. With conventional print, radio, and TV becoming more "supplemental," it is outdoor advertising, interactive marketing, and the internet, including social media, now driving the industry. "We built this business model on the idea of outdoor, interactive, and internet marketing," says Albion. "That's where marketing is going, and we want to stay ahead of the curve. That's what will help us be a major player in the industry."
The Company starts by putting advertising on the limos, expanding the partnership into its multimedia marketing." Albion continues, "our advantage is we, unlike most advertising mechanisms available, specialize in bringing the message to the customers. They don't find our client's message – we find them."
About Racing Limos America, Inc.
Headquartered in Dover, NH Racing Limos America, Inc. is a franchise operating system of race car themed stretch limousines, focused on advertising and marketing partnerships, business-to-business relationship development, and specialty transportation. For more information visit www.racinglimosamerica.com
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
CONTACT: Racing Limos America, Inc. Investor Relations at (800) 399-6717 or by email at firstname.lastname@example.org
SOURCE Racing Limos America, Inc.