SOURCE: Flight Management International, Inc.

October 15, 2007 10:00 ET

Flight Management International, Inc. Ups Revenue Estimates NASCAR Contract With Racing Logistics

WALL, NJ--(Marketwire - October 15, 2007) - Flight Management International, Inc. (PINKSHEETS: FMGM), a premier provider of public charter and transportation services, announced today they have raised estimates for revenues on the NASCAR contract.

Flight Management will surpass the $3M in Revenues originally announced. Racing Logistics, the main provider for NASCAR Teams travel expanded the original contract to include more transportation services.

"We believe the prospects for future growth are very bright," says Charles Roeske. Private Charter to NASCAR venues is continuing to grow and we will strive to meet these need in the future needs as required.

Flight Management Intl Inc. is a non-reporting company but will be attempting to put its Financial Results on PinkSheets.com.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," forecasts," potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Contact:
    Franchise Management International, Inc.
    Charles Roeske
    Chairman
    631-390-5984