Dynasty Limousine posts gains in 2009, receives approval for Government contracts

Revenues up 7% through the first two months in 2009 despite current economic climate. Company recently received approval from the City of Jacksonville to receive Government contracts through their JSEB procurement system.
By: Dynasty Limousine
 
March 11, 2009 - PRLog -- Dynasty Limousine is experiencing growth in 2009.  Through the first two months of this year, revenues are up 7% over the same period in 2008.  This increase is on top of a record fiscal 2008 in which the company was up 34% over it's best performing year ever.  "We should have a very strong first quarter", stated Pierce Fleming (V.P. Operations).  "The company is pacing a record March which would be a big achievement based on the strong numbers from last year".  "We are receiving record numbers of inquiries both online and by phone.  Our website traffic has almost doubled from just a few months ago, and it appears that we will have over 400 reservation requests in the month of March alone."

Mr. Fleming believes that the reason for the increase in business is that some of the smaller and poorly managed Limo companies in the area have been forced to close.  Dynasty has always focused on providing a superior experience to their clients, and it is now resulting in a large repeat client base and referral network.  The company has been working since last March on it's online marketing campaigns and is receiving leads from Google, Yahoo, Limos.com and several other sources.  Dynasty has greatly increased it's market share, and has established itself as a leader in Limousine services sector in the North Florida / Southern Georgia markets.

In order to further the company's growth, Dynasty has been approved by the City of Jacksonville, FL to receive Government contracts.  The company is part of the JSEB program, and is the only limousine service that has been approved by the city to receive contracts.  The application process was extremely detailed and this approval is another milestone for Dynasty.  

Dynasty Limousine is currently in the process of "going public" and expects to have it's securities listed on the OTC market later this year.  The company has retained Tiber Creek Corporation to assist with this process.  Detailed financial and corporate information regarding Dynasty Limousine is currently available at Dun and Bradstreet for all interested parties.

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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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Source:Dynasty Limousine
Email:***@bellsouth.net
Zip:32259
Tags:Dnys, Dynasty Limousine, Limo, Stock, Ipo, Going Public, Business
Industry:Business, Financial, Transportation
Location:Jacksonville - Florida - United States
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Page Updated Last on: Jun 18, 2010
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