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DYNASTY LIMOUSINE INC. Logo

Dynasty Limousine reports record revenues in October and named Operator of the Year finalist

Dynasty Limousine announces results from operations. October 2008 saw revenues surpassing our best month ever. Company named a finalist for LCT Magazine's Limousine Operator of the Year.
 

 
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FOR IMMEDIATE RELEASE

PRLog (Press Release)Nov 25, 2008 – Dynasty Limousine is proud to announce that the Company has been named one of three finalists for LCT Magazine's Operator of the Year award.  This award is reserved for the very best in the industry that display excellence in service, efficiency, safety and marketing.  There are approximately 8,400 Limousine companies Nationwide, and the winner will be announced at the International Limousine Convention on January 27th, at the Venetian Resort in Las Vegas.  Being named a finalist for this award is a major milestone for the company.

"The LCT award is the highest honor we could expect as a Limousine Company", stated Pierce Fleming (V.P. Operations).  "We have a couple of very strong competitors that are also finalists, and we all have worked very hard to reach this point."  "Our affiliate work will most likely increase due to the visibility surrounding this nomination and the timing couldn't be any better."  Dynasty Limousine will be featured in the February issue of LCT magazine.  The company is also in the process of registering it's securities with the appropriate agencies to become the Nation's first publicly held Limousine service.  We expect our inital quotation in the latter part of 2009.

October saw our best revenue and profit month in the Company's 10 year history.  In the midst of government bailouts and downsizing, Dynasty continues to see increased growth.  Highlights include:



        *October 2008 up +41% over October 2007
        *Net profit up +38% over October 2007
        *October 2008 revenues +7% over best month ever
        *Year to date up +34%
       
Dynasty has also acquired several high profile corporate clients over the last few months.  The company's good reputation has resulted in greater confidence and increased interest.  The Holiday season, Proms, and Super Bowl 43 in Tampa are all in the immediate future and should contribute greatly to the growth of Dynasty Limousine.  We have already exceeded our best year ever, and with two months left our 2008 performance will be exceptional.

# # #

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this release, are forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products and services, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party vendors, and other risks detailed in the Company’s prospectus and periodic reports filed with the Securities and Exchange Commission. Dynasty Limousine Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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Issued By:Dynasty Limousine Inc.
Email Contact:Click to email
Phone:(904) 268-7171
Fax:(904) 268-8384
Address:11857 San Jose Boulevard
City/Town:Jacksonville
State/Province:Florida
Zip:32259
Country:United States
Categories:Business, Finance, Transportation
Tags:lct, limos, dynasty limousine, ipo, stock, shares, stock market, Business, limousine
Last Updated:Jul 21, 2009
Shortcut:http://prlog.org/10146594

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