SOURCE: The Kingsley Coach, Inc.

December 04, 2007 16:28 ET

Kingsley Coach Comments on Strategic Alliance

ZIMMERMAN, MN--(Marketwire - December 4, 2007) - Kingsley Coach, Inc. (PINKSHEETS: KNGS) announced today its comments on its recent alliance with PTA Holdings, Inc.

With respect to the recent announcement made by PTA Holdings, Inc., Kingsley Coach, Inc. and PTA Holdings have signed an agreement to develop and market a hydrogen injection fuel system to be used in Kingsley's custom coaches. Kingsley believes that this product is a feasible alternative to the rising cost of fuel prices. The company has seen many different types of alternative energy products but believes that the PTA Holdings system is the most cost effective solution for its clients.

Hydrogen is arguably the ideal fuel source, since its use in internal combustion engines produces only water and water vapor. The current political climate is such that many manufacturers are focusing their efforts on designing and producing hydrogen fuel cell automobiles. However, Kingsley believes that an economical application of the fuel cell is many years away based on its tremendous cost and complexity, and has therefore partnered with PTA Holdings in an attempt to offer its customers more cost effective and environmentally friendly solutions today.

About PTA Holdings, Inc.:

PTA Holdings, Inc. ("PTA") is a diversified holding company with a core focus in the automotive industry. The Company acquired ProFlow, Inc. in April 2007. ProFlow, Inc. is a Georgia-based, multi-location Automotive Service Center that specializes in the repair and maintenance of domestic, foreign and diesel cars. ProFlow, since inception, has been led by a NASCAR Winston Cup Winning experienced management team. ProFlow has developed and designed fuel saving processes for the automobile industry that can have a dramatic effect on fuel consumption. ProFlow is aggressively approaching successful future technologies for fuel mileage in the complete automotive and Diesel industry. Additional information can be found on the company's website: www.ptaholdings.com.

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. With automatic transmissions, 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
    (800) 445-2918