'Kingsley Coach Announces Sales for Quarter Ending Sept 30, 2000'
12 September 2000
'Kingsley Coach Announces Record Sales for Quarter Ending September 30, 2000'
MIDDLEBURG, Pa.--Sept. 12, 2000--The Kingsley Coach, Inc. (OTC-BB:KNGS) announced today that sales are expected to exceed $1.25 million for the quarter ending September 30, 2000, by far Kingsley's largest quarterly sales in its five year history.The Company further announced that it currently has fourteen units in various levels of production and has an additional forty-eight units on back order.
Terry Watkins, Kingsley's Chief Executive Officer, stated, "The Company is in a position where it can substantially increase its production each quarter throughout the next several quarters. Our order backlog gives us a great deal of flexibility in production planning."
Terry Watkins added, "Our expanded marketing efforts, though still in a rather embryonic stage, are showing very positive results. Strategically tapping into that market potential should insure the Company can continually increase production while maintaining a consistent level of sales orders, the key to a financially healthy expansion."