Atlas Technology Group, Inc. Details Subsidiary, Racing Limos America Toward Enhanced Revenues, Growth Sector Business Model
29 June 2011 - 6:01AM
Business Wire
Atlas Technology Group, Inc. (OTC Pink Sheets:ATYG ) introduces
its subsidiary, Racing Limos America, a franchise operating system
of racecar themed stretch limousines, focused on selling franchise
locations, and building each franchise with advertising and
marketing partnerships (featuring ads on the limos, like race
cars), business-to-business relationship development, and specialty
transportation.
CEO James Albion comes from 25 years of marketing and
advertising experience. “Advertising is basically a recession-proof
industry,” says Albion. “In good times, advertising is important
because of all the competition for customers.” Albion smiles. “In
difficult times, as we are in now and likely will be for the next
several years, advertising, especially among the big companies, is
essential for survival. In many cases, ad budgets grow in tough
economic times.” Albion has a unique perspective on his business.
“Our primary purpose with our limos is to get our advertisers as
much exposure and as many quality impressions as possible. With
advertising and marketing partnerships being our dominant service,
costs like gas are, for the most part, irrelevant to us. Keeping
our limos on the road is “cost of doing business” and is built into
our marketing partnership structure.” For more information, visit
www.racinglimosamerica.com
Forward-looking Statements:
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.
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