SOURCE: Kingsley Coach

October 19, 2005 12:36 ET

Kingsley Announces Fourth Quarter Numbers

ZIMMERMAN, MN -- (MARKET WIRE) -- October 19, 2005 -- Kingsley Coach, Inc. (OTC BB: KNGS) announced today that it has reported revenues for the fourth quarter ended June 30, 2005 of $1,463,587. The Company's gross margin of 28.6% led to a gross profit of $419,942 and a net, after-tax profit of $37,910. These fourth quarter numbers are part of the Company's recent 10-K filing for the fiscal year ended June 30, 2005.

John Merkent, CEO of Kingsley Coach, Inc., said, "We are pleased with the recent progress we have made at Kingsley. We have begun to pursue numerous new sales outlets, including television and magazine coverage, for our coaches, and we expect this to lead to increased sales and continued success in the future."

About Kingsley Coach: Kingsley manufactures custom, luxury coaches and special-use coaches. Kingsley's product line includes medical, communications, entertainment, and various specialty and business-use coaches. A Kingsley Coach is mounted on a class 7 or 8 heavy duty chassis powered by top-names such as Peterbilt, Kenworth, Volvo, and Freightliner. It has an automatic transmission, a heavily reinforced body, and ultimate quality. A Kingsley offers its owner great comfort, safety, and high performance. RV owners refer to the Kingsley Coach as "The Most Extraordinary Home on the Road." Additional information is available at http://www.kingsleycoach.com.

Forward-Looking Statements: Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. While these statements are made to convey the Company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual Company results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties.

Contact Information

  • Contact:
    Kingsley Coach
    John Merkent
    (800) 445-2918
    Email: Email Contact

    Phil Dubois
    Dubois Consulting Group
    (877) 386-4649
    Email Contact