Dynasty Limousine Inc. Posts Record Revenues in August, Adds New Vehicles and Expands Its Limousine Fleet
JACKSONVILLE, Fla., Sept. 20, 2011 /PRNewswire/ -- Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service Luxury Transportation and Limousine firm covering the southeast United States, has recorded record revenues in the month of August 2011. Revenues were up 7% over the same month in 2010, and this brings the total year to date increase over 2010 to 29.8%. Through August, revenues totaled $465,604 vs. $358,631 in 2010. Based on the current pace this will be the best year in the company's 13-year history.
Dynasty has added three new 2011 vehicles to its fleet and has several others currently on order. Vehicles added were from both Lincoln and Cadillac, and vehicle types include Luxury SUVs and stretch limousines. The company is in the process of replacing all inventory with brand new units to solidify its reputation as the region's premier Limousine service.
"We are very pleased with the gains made so far this year," stated Pierce Fleming, Vice President of Dynasty Limousine. "We are seeing our highest number of charters and reservation requests, and we have recently added several major corporate accounts. The addition of these new vehicles to our fleet puts us in a great position moving forward. We invite all our past and prospective clients to contact us about these exciting new vehicles."
About Dynasty Limousine Inc.
Dynasty Limousine is a full service Limousine and Transportation firm with offices in Jacksonville and Orange Park, Florida. The Company was founded in 1998 and currently operates a fleet of 15 Limousines, Luxury Sedans, and Limousine Buses with service areas primarily in the Southeast United States. The Company is a member of the National Limousine Association, and has a nationwide affiliate network to handle all domestic service requests. Dynasty currently has 17 employees, and is actively seeking acquisitions and expansion into additional markets.
Dynasty maintains an A+ accredited BBB rating, and was named a National top three finalist for "Limousine Operator of the Year" by LCT Magazine for 2009, 2010 and 2011. Additional company information may be accessed via Dun and Bradstreet, OTCmarkets.com, or by visiting the Investor Relations area located on our corporate websites. At the time of this release, the total number of shares issued and outstanding is 4,836,425 with a current float of 531,500 shares.
Forward-Looking Statements
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this release, are forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products and services, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party vendors, and other risks detailed in the Company's prospectus and periodic reports filed with the Securities and Exchange Commission. Dynasty Limousine Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Investor Relations Contact
Pierce Fleming
Dynasty Limousine
11857 San Jose Blvd.
Jacksonville, Florida 32223
(904) 268-7171
www.dynastyjax.com
www.dynastyorangepark.com/
SOURCE Dynasty Limousine Inc.
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