DOVER, N.H., April 3, 2012 /PRNewswire/ -- Racing Limos
America, Inc., a subsidiary of Atlas Technology Group
(OTC:ATYG.PK), announces it has received a Letter of Intent from an
interstate group for the purchase of the Miami, FL franchise location.
"We had plans to open Miami as
a company operated location sometime this year," says Atlas CEO and
Racing Limos America President James
Albion. "Having Miami as a purchased franchise is
fantastic for the company. It's exciting for us to have a
franchise opening in such a diverse, major city."
"The opening of Miami is also a
gateway to not only opening more major U.S. cities in the coming
months," continues Albion, "but also gives Racing Limos America the
opportunity to bust out in the exceptionally important
multibillion-dollar Hispanic Market sector."
The Hispanic Market is the nation's largest minority marketing
sector, and is both demographically and through market spending the
nation's fastest growing sector for the last decade.
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
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.
CONTACT: Racing Limos America, Inc. Investor Relations at
(866) 746-5466 or by email at
investwithus@racinglimosamerica.com
SOURCE Atlas Technology Group
