Kingsley Coach Talks Marketing with WallStreet Webcast.com
27 December 2000
Kingsley Coach Talks Marketing with WallStreet Webcast.com
MIDDLEBURG, Pa.--Dec. 27, 2000--Terry Watkins, Chief Executive Officer of The Kingsley Coach, Inc. (OTC- BB:KNGS), participated in an in-depth interview with Wall Street Webcast.In this annual end-of-the-year holiday interview, Mr. Watkins candidly discussed the Company's accomplishments during the previous twelve months the Company's prospects for the future.
During the interview, which can be accessed, and heard in real audio, at , Mr. Watkins commented on a year that saw the Company introducing standard models, expanding its marketing campaign and, most importantly, reaching profitability.
Mr. Watkins said, "We were profitable for the quarter ended September 30, 2000; we should be profitable in the current quarter. . . and I think we should be able to sustain profitable quarters all the way through 2001."
Mr. Watkins further stated that he sees "continued growth, the only question is what rate of growth," then going on to explain what seems like an unlimited market potential for Kingsley's product.
When asked what Kingsley needs to do in 2001 to insure satisfactory returns to its shareholders, Mr. Watkins replied, "We need to keep on the track we are on. We need to hold our direction and continue to believe in where we are headed."
He added that as long as the Company adheres to basic economic principles, the Company will achieve "increased sales, improved productivity and increased profits."
Kingsley Coach is a manufacturer of a unique, high quality, motorcoach on a heavy duty truck chassis. The unique design of the Kingsley Coach, with the engine in front, provides for several advantages over traditional rear engine units, including safety, durability, flexibility, and ease of service.
The Kingsley product line is designed for both recreational and commercial use and is produced in conjunction with a manufacturing alliance at the Thor America plant in Middleburg, PA with Thor America, Inc., a Thor Industries company, one of the largest RV manufacturers in the USA.
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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: the market strength of our competition; our ability to obtain requisite financing; and the difficulties faced in developing a national marketing network.