Kingsley Coach Inc. Reports Third Quarter Results for March 31, 2001

    MIDDLEBURG, Pa.--May 17, 2001--Kingsley Coach Inc. (OTC-BB:KNGS) continues to report profits for the third quarter in a row.
    The company reported revenue and earnings for the third quarter ended March 31, 2001 with EPS of .01 vs. a loss of (.02) cents per share for the 3rd Quarter of the year of 2000. Revenues increased 42 % to $1.00 million vs. $ 700,000.00 for the quarter vs. the 3rd Quarter 2000. Net income for the third quarter ended March 31, 2001, was $87,291.00 vs. a loss of ($121,015.00) for the 3rd Quarter 2000.
    The Company also reported for the nine month period ending March 31, 2001. Revenues increased 27% to $3.7 Million vs. $2.9 Million for the 9 months ended March 31, 2000. Net income rose to $101,135.00 vs. a loss of ($156,844.00) for the same period last year.
    Mr. Ralph Dickenson, Kingsley's Chairman, said, "This quarter demonstrates the increase we have been projecting as the R&D phase of our operations are reduced. With a backlog of over $2,000,000.00 , we are confident of our ability to improve current levels of sales for Kingsley Coach products .
    "We are working vigorously to improve our margins through quantitative buying which we are able to accomplish due to our improved cash position.
    "We continue to take strategic action that will have a long-term positive impact and we believe this will result in increased shareholder value. We at Kingsley Coach, are committed to growth through sound fundamentals, and will continue to strive for excellence in our industry."

                          Kingsley Coach Inc.

       Statement of Income for the 3 Months ended March 31, 2001

                                        3 Months Ended:

                                     3-31-01         3-31-00

Revenue:                           $1,023,188      $  683,121

Cost of Sales                      $  766,116      $  456,915

Gross Margin                       $ 257, 072      $  226,206

General & Admin Expense            $  169,181      $  347,221

Income from Operations             $   87,291       ($121,015)

Other Income/Expense/net             ($ 3,162)       ($15,123)

Net Income/(Loss)                  $   84,129       ($136,138)

Income/(Loss) per share            $     0.01      $   ( 0.02)

Weighted Average Shares             8,637,310       7,250,527



                          Kingsley Coach Inc.

       Statement of Income for the 9 Months ended March 31, 2001

                                         9 Months Ended:

                                     3-31-01         3-31-00

Revenue:                           $3,710,919      $2,913,963

Cost of Sales                      $2,755,169      $1,880,539

Gross Margin                       $  955,750      $1,033,424

General & Admin Expense            $  823,039      $1,101,448

Income from Operations             $  132,711        ($68,024)

Other Income/Expense/net             ($31,576)       ($88,820)

Net Income/(Loss)                  $  101,135       ($156,844)

Income/(Loss) per share            $     0.01      $   ( 0.02)

Weighted Average Shares             8,753,977       6,975,484

    For Information, Contact: Investor Relations Department: Tel: 570-837-7114; Fax: 570-837-7214. Kingsley's website is at www.kingsleycoach.com

    NOTE: This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current plans and expectations of Kingsley and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward looking statements.
    Important factors that could cause actual results to differ include, among others, risks associated with acquisitions, changes in government regulations, competition, and risks of operations and growth projections.