Racing Limos America Takes First Steps to Opening in Canada

Racing Limos America Takes First Steps to Opening in Canada

DOVER, N.H., May 3, 2012 // PRNewswire // -- Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC: ATYG), announces it has commenced application for opening franchise locations in Canada.

Racing Limos America has announced it has started filing an application to open locations in Canada.

"We've started the application process," says Atlas President Tyler Libby. "We've done no marketing in Canada to date, but we've been receiving inquiries for franchise information from Montreal, Vancouver, and several other cities over the last few months. Our original plan was to start the application process in 2013, but we can't ignore the consistent inquiries we've been receiving."

CEO James Albion says the process is under way to incorporate "Racing Limos Canada" and has been in touch with a franchise law firm in Montreal to assist with the application process. Marketing is likely to commence in Montreal once the company is given authorization to move forward.

About Racing Limos America, Inc.

Headquartered in Dover, NH Racing Limos America, Inc. is a franchise operating system of race car themed stretch limousines, focused on advertising and marketing partnerships, business-to-business relationship development, and specialty transportation. For more information visit www.racinglimosamerica.com

Forward-looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact:

Racing Limos America, Inc.

Investor Relations
(800) 399-6717
investwithus@racinglimosamerica.com

SOURCE Racing Limos America, Inc.

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