DOVER, N.H., April 18, 2012 /PRNewswire/ -- Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG), announces it will be opening the Indianapolis location sometime in mid 2012.
"As part of our expansion efforts," says Atlas CEO and Racing Limos America President James Albion, "we felt it was essential to get Indianapolis open. This gives us an important marketing presence in one of racing's most prestigious home cities."
"This is exciting news," says Atlas President Tyler Libby. "Indianapolis has been the center of attention for so many important events as of late, like the NCAA Men's Basketball Championship a couple of years ago, the Super Bowl® this past year, and of course the Indy 500 every year. It's an essential part of our midwest marketing and branding presence."
Indianapolis is the first of several major cities planned where Racing Limos America will own and operate locations while they market the location for franchise sale. "We know the business model works," says Albion." Opening key locations nationally not only helps us to sell these franchise locations, but stimulates further interest with ad agencies to consider us for national marketing partnerships."
Albion says that for the latter half of 2012, Racing Limos America will be focusing on expanding brand recognition and increasing franchise locations.
NOTE: Albion and Libby are the subjects of an online interview that will air today at 1pm EDT. See the interview at www.wallstreetdiscussions.com
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 [email protected]
SOURCE Atlas Technology Group