ZIMMERMAN, Minn., Oct. 21, 2004 (PRIMEZONE) -- Kingsley Coach, Inc. (OTCBB:KNGS) announced today that it has completed the move to its new, expanded headquarters consisting of approximately 20,000 square feet of manufacturing and associated office space in Zimmerman, Minnesota.
Ralph Dickenson, CEO of Kingsley Coach, commented, "We are extremely pleased to have completed the Company's move to its new headquarters which enables Kingsley to more than double its previous manufacturing capacity. The final layout of the space allows us to simultaneously work on five coaches, and includes an innovative customer demo room where Kingsley customers, in conjunction with Kingsley staff, have the ability to make design decisions regarding their Kingsley Coaches." Mr. Dickenson continued, "The new facility also has ample room for expansion as the anticipated need arises. In conjunction with finalizing Kingsley's move to this new headquarters building, the Company is actively seeking additional personnel in both management and production to prepare for a planned increase in production of Kingsley coaches."
About Kingsley Coach: Kingsley manufactures standard and custom motor homes, and special use coaches. A Kingsley Coach is mounted on a class 8 or 7 heavy duty chassis, powered by top-names such as Freightliner. It has an automatic transmission, a heavily reinforced body, a 500,000 mile guarantee, and ultimate quality. It offers its owner great comfort, safety, and high-performance. Kingsley recently expanded its product line to include medical, communications, entertainment, and various business-use coaches. RV owners refer to the Kingsley coach as "The Most Extraordinary Home on the Road."
Forward-Looking Statements: Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. While these statements are made to convey the Company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent managements' opinion. Actual Company results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties.