SOURCE: Dynasty Limousine Inc.

Dynasty Limousine Inc.

May 06, 2011 13:15 ET

Dynasty Limousine Inc. Receives Transportation Contract With the U.S. Air Force

JACKSONVILLE, FL--(Marketwire - May 6, 2011) - Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service Luxury Transportation and Limousine firm covering the Southeast United States, has been awarded a four year contract to provide transportation services for the United States Air Force. The contract was presented to the Company through our teaming partner, Zephyr Aviaton LLC., and was placed for bid in September 2010. The terms of the contract call for the use of four 55 passenger Motor Coaches and one 30 passenger shuttle bus to move a total of 225 personnel each charter. Transportation will be between two separate bases as directed and the contract expires August 31, 2015.

This is the second Military contract received by Dynasty Limousine. In 2010, Dynasty was awarded a contract with the Department of The Navy which authorized future clearance through several other Military and Government entities. Several additional contracts have been presented, and the Company will bid on all jobs that it can successfully perform according the terms presented.

About Dynasty Limousine Inc.

Dynasty Limousine is a full service Limousine and Transportation firm with offices in Jacksonville and Orange Park, Florida. The Company was founded in 1998 and currently operates a fleet of 15 Limousines, Luxury Sedans, and Limousine Buses with service areas primarily in the Southeast United States. The Company is a member of the National Limousine Association, and has a nationwide affiliate network to handle all domestic service requests. Dynasty currently has 17 employees, and is actively seeking acquisitions and expansion into additional markets.

Dynasty maintains an A+ accredited BBB rating, and was named a National top three finalist for "Limousine Operator of the Year" by LCT Magazine for 2009, 2010 and 2011. Additional company information may be accessed via Dun and Bradstreet,, or by visiting the Investor Relations area located on our corporate websites. At the time of this release, the total number of shares issued and outstanding is 4,836,425 with a current float of 688,900 shares.

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.

Contact Information

  • Contact:
    Pierce Fleming
    Vice President / Investor Relations
    Dynasty Limousine
    11857 San Jose Blvd.
    Jacksonville, Florida 32223
    (904) 268-7171
    Email Contact