Business
Racing Limos America Franchisees Report BIG Gains and a 10th Consecutive Quarter of Growth
Racing Limos America Franchisees Report BIG Gains and a 10th Consecutive Quarter of Growth.
About this update from Atlas Technology Group, Inc.
[{"type":"text","content":"9:30amEDT August 8, 2012DOVER, NH: RacingLimos America, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG), is reporting a 10th consecutivequarter of revenue increases for its franchisees. With all franchiseesreporting, Racing Limos America is announcing an overall gain for its franchiseesof just over 27.5% for the second quarter, and an increase in revenues of 9.4%over the same quarter last year. This is the 10th consecutive quarter franchisees havereported gross revenues growth. About Racing LimosAmerica, Inc. Headquartered in Dover,NH Racing Limos America, Inc. is a franchise operating system of race carthemed stretch limousines, focused on advertising and marketing partnerships, business-to-businessrelationship development, and specialty transportation. For more information visit www.racinglimosamerica.com Forward-lookingStatements: This press releasecontains forward-looking statements (as defined in Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities ExchangeAct of 1934, as amended) concerning future events and the Company's growth andbusiness strategy. Words such as \"expects,\" \"will,\"\"intends,\" \"plans,\" \"believes,\"\"anticipates,\" \"hopes,\" \"estimates,\" andvariations on such words and similar expressions are intended to identifyforward-looking statements. Although the Company believes that the expectationsreflected in such forward-looking statements are reasonable, no assurance canbe given that such expectations will prove to have been correct. Thesestatements involve known and unknown risks and are based upon a number ofassumptions and estimates that are inherently subject to significantuncertainties and contingencies, many of which are beyond the control of theCompany. Actual results may differ materially from those expressed or impliedby such forward-looking statements. Factors that could cause actual results todiffer materially include, but are not limited to, changes in the Company'sbusiness; competitive factors in the market(s) in which the Company operates;risks associated with operations outside the United States; and other factorslisted from time to time in the Company's filings with the Securities andExchange Commission. The Company expressly disclaims any obligations orundertaking to release publicly any updates or revisions to...