'Kingsley Coach Discusses its Strategies in Internet Interview'.Business Editors MIDDLEBURG Middleburg may mean the following places in the United States of America:
Terry Watkins Watkins may refer to:
British cleric and writer whose works include novels of social criticism, notably Alton Locke (1850), historical romances, such as Westward Ho! (1855), and a fairy tale, The Water Babies (1863). Coach Inc. ( OTC- BB:KNGS ) participated in an in-depth in-depth adj. Detailed; thorough: an in-depth study. in-depth Adjective detailed or thorough: an in-depth analysis interview with Wall Street Webcast. In that interview, Mr. Watkins discussed the status of Kingsley Coach's new standard models, the Company's marketing strategy, and the Company's outlook for future profits. During the interview, which can be accessed at Mr. Watkins stated that all of the new standard models are in various stages of production and will shortly be coming off the production line. He stated that he expects the new standard models to "become sixty to eighty percent of the market mix in the not too distant future," and that the Company "already has repeat orders for all of them." Mr. Watkins also restated that the Company's confidence as regards profits, emphasizing that Kingsley expects to show a profit for the quarter ending September 30, 2000 and thereafter, saying "It was our belief that once we got done with design and development, that the sales would increase, we would be able to establish more efficient production methods, and the profits would follow: that is still the case." Mr. Watkins, in responding to a question regarding Kingsley's dependence upon a strong economy, he admitted that any high dollar luxury item is dependant upon Adj. 1. dependant upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, contingent upon, dependant on, dependent on, dependent upon, depending on, contingent a strong economy; however, he made it clear that the Company's management spends their time and energies on matters within their control. To that end, he discussed the Company's recent actions in the marketing arena. "We are embarking upon a very unified and holistic Holistic A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment. Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine marketing strategy," which was enhanced by the marketing contract with Typecase Multimedia, and which will include more aggressive advertising and increased presence at promotional events. Mr. Watkins also discussed the Company's plan to visit major centers to more thoroughly introduce Kingsley to the financial markets. He stated the objective of the tour: "Simply to gain exposure. . . to make the financial community more aware of the Company's product and investment potential," making clear that investor relations Investor relations The process by which the corporation communicates with its investors. will remain a top company priority. Kingsley Coach manufactures unique, high quality, motorcoaches on heavy duty truck chasses. The unique design of the Kingsley Coach, with the engine in front, provides for several advantages over traditional rear engine units, including safety, durability du·ra·ble adj. 1. Capable of withstanding wear and tear or decay: a durable fabric. 2. , flexibility, and ease of service. The Kingsley product line is designed for both recreational and commercial use and is produced in conjunction with a strategic manufacturing alliance at the Thor America plant in Middleburg, PA in conjunction with Thor America, Inc., a Thor Industries Thor Industries, Inc. is a manufacturer of recreation vehicles and mid-sized commercial buses. History Thor Industries, Inc., was founded on August 29, 1980, when Wade F. B. Thompson and Peter B. Orthwein acquired Airstream. company, the second largest RV manufacturer in the USA. About Wall Street Webcast: Wall Street Webcast is a newly developed website devoted to the principle business model of conducting formatted interviews with Small Cap to Mid Cap companies that have important news and upcoming events. In concert with commentary from leading market analysts, portfolio managers and fund managers, Wall Street Webcast is able to create a space on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the where sophisticated investors can come for timely, quality information about investing in capital markets. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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