Management Approves New Franchise Expansion Plan with Potential $25 Million in New Annual Revenues
01 February 2013 - 2:44AM
OTC Markets
ATLAS TECHNOLOGY GROUP
LETTER FROM THE CHAIRMAN
-Management Approves New
Franchise Expansion Plan with Potential $25 Million in New
Annual Revenues-
Dover, New Hampshire,
January 31, 2013 – Atlas Technology Group, Inc. (OTC Pink: ATYG),
is the
holding company for Racing Limos America™, Inc., an emerging
advertising and
marketing company with franchise operated locations, specializing
in
multi-media marketing partnerships. Racing Limos America™ possesses
proprietary
intellectual property, that being patents and trademarks, featuring
customized
race-car themed stretch limos as part of a $200 billion outdoor
marketing
industry, integrated with the $10 Billion limo industry with over
300 potential
franchise locations in the U.S. and a potential of more than
100,000 franchise
locations worldwide. The company
is pleased to announce the following statement from James J.
Albion, CEO and
Chairman of the Board for Atlas Technology Group, Inc:
“Our new franchise expansion
plan is an exciting development for Racing Limos America™ and Atlas
Technology
Group. With our new structure we can now continue to show a
commitment to
invest in our multi-media marketing partnerships, which will serve
as an
important catalyst to rapidly expanding our marketing capabilities.
Through
these new programs, Racing Limos America™ now has the potential to
become one
of the country’s leading franchise marketing groups for limousine
suppliers and
other transportation providers.
Our Board of Directors has approved an expansion plan to reach
current
domestic markets and export markets in Canada, Europe, Asia and the
Middle-East
over the next 12 months. OUR BUSINESS MODEL moves the emphasis from
the paid
ride model to the marketing model, converting the limos to more
recession-proof
“interactive mobile marketing centers”. This makes the Racing
Limos® business
not only more readily able to survive and thrive in the down times,
but is also
is an exceptional fit for James Albion and his 30+ years of
marketing
experience to lead the company into prosperous times.
When most people look
at limousines, it’s all about the interior space and
amenities. Racing Limos America™ [OTC Pink: ATYG]
is refreshingly different. To us,
it’s all about the exterior. We
don’t just see a comfortable limo.
We see an interactive mobile marketing machine that makes a big
impact
wherever it goes. We’re taking
that unique concept to savvy companies that want to make a U-turn
from the
typical conventional limo. Using our industry-unique process, we
wrap
limousines with colorful, high impact advertising and graphics, and
take them
to high traffic locations: trade
shows, store openings, sports or charity events . . . the
possibilities are
endless because there are so many ways Racing Limos America™ can
help companies
improve their marketing programs and brand loyalty.
We look forward to a very successful and
profitable year for our ATYG shareholders.”
CONTACT:
James J. Albion, President Mailing: PO
Box 487 * Dover, NH 03821-0487 • Physical: 38 Fieldstone Drive *
Dover, NH
03820-6100 • (603) 285-0015 • investorrelations@atyg.net
PLEASE
VISIT OUR WEBSITE AT: http://www.racinglimosamerica.com/
or FACT SHEET AT:
http://racinglimosamerica.com/index.php?option=com_content&view=article&id=66&Itemid=156
Safe
Harbor for Forward-Looking
Statements:
This
news release includes forward-looking statements. While these
statements
are made to convey to the public the company’s progress, business
opportunities
and growth prospects, readers are cautioned that such
forward-looking
statements represent management’s opinion. Whereas management
believes
such representations to be true and accurate based on information
and data
available to the company at this time, actual results may differ
materially
from those described. The company’s operations and business
prospects are
always subject to risk and uncertainties. Important factors
that may
cause actual results to differ are and will be set forth
in the
company’s periodic filings with the U.S. Securities and
Exchange Commission.
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