SOURCE: Dynasty Limousine Inc.

Dynasty Limousine Inc.

May 13, 2011 10:48 ET

Dynasty Limousine Inc. Releases Q1 2011 Financial Report and Information Statement

JACKSONVILLE, FL--(Marketwire - May 13, 2011) - Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service Luxury Transportation and Limousine firm covering the southeast United States, has just released first quarter 2011 financial results.

The period was the best first quarter since inception with revenues up 39% over Q1 2010, and a net operating margin of 31%. Additional increases were realized in several key areas disclosed in the full report. "2010 was a great growth year for Dynasty and this year is starting off in a very positive direction," said Pierce Fleming, Dynasty Limousine's vice president and chief financial officer. "Demand for our services is at an all time high and is a direct result of our team's commitment to excellence. Expectations are high for a great year and we will continue to build our brand and look for expansion opportunities as they are presented."

Interested parties may access the full financial report and information statement on the OTC News and Disclosure service via the following link:

http://www.otcmarkets.com/stock/DNYS/financials

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, Pinksheets.com, 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

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