InvestorsHub Logo
Followers 224
Posts 48955
Boards Moderated 4
Alias Born 07/23/2003

Re: None

Wednesday, 06/27/2007 9:33:33 AM

Wednesday, June 27, 2007 9:33:33 AM

Post# of 72830
TAMG Transnational Automotive Group's LeCar Division Passes Key Ridership Milestone, amid Surging Demand
In Less Than One Year, LeCar Garners Highly Visible Success in Affordable VIP Transport Between Cameroon's Two Leading Cities; Ridership Surpasses 136,000 Passenger Trips
Jun 27, 2007 9:32:00 AM
Copyright Business Wire 2007

LOS ANGELES--(BUSINESS WIRE)--

Transnational Automotive Group, Inc. (TAUG) (http://ww.transauto-group.com/cms2) (OTCBB:TAMG), a global leader in transportation services and sustainable energy for the developing world, today announced that its LeCar Division has surpassed 136,000 passenger trips during 7,000 journeys in less than a year since the company began operations. LeCar operates a new luxury VIP coach bus service initially between Yaounde, the capital city of Cameroon, Africa and Douala, the nation's leading industrial center. The company anticipates opening routes to additional major cities in Cameroon in response to rising demand.

"LeCar is now recognized as the comfortable, secure, reliable way to travel between Cameroon's major cities," said Lal Karsanbhai, president of Cameroon operations for TAUG.

"Middle class workers and business professionals continue to drive demand for our service as they discover this low-stress, high-value addition to conducting their business," added Cyrille Tollo, general manager of LeCar.

LeCar features modern, clean, spacious new luxury coaches and upscale amenities that includes snack and non-alcoholic beverage hostess service and video entertainment during trips. Schedule frequency has also attracted many riders, with 15 hourly departures daily.

Safety is of highest priority for LeCar. The company's coaches are unique among Cameroon inter-city services in equipping each passenger with seat belts; hostesses ensure they are actually buckled. In addition, all LeCar vehicles have been outfitted with the latest GPS guidance systems and speed alarms. Drivers and hostesses receive specialized safety training, and are required to observe compulsory rest periods between journeys.

About Transnational Automotive Group

Transnational Automotive Group, Inc. (TAUG), a Nevada corporation that trades under the symbol (OTCBB:TAMG), is a transportation and sustainable energy company headquartered in Los Angeles, CA, with operating entities in Cameroon, and early-stage business development efforts in other Sub-Saharan African nations. TAUG's vision is to become the leading transportation and sustainable energy company on the African continent, and to establish key infrastructure and workforce development that dramatically accelerates Africa's economy and quality of life. TAUG is currently exploring the establishment of mass transit systems in leading African commercial and population centers, and preparing for expansion into additional industries, including manufacturing and marketing of sustainable bio-diesel fuels.

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents files from time to time with the Securities Exchange Commission.

Source: Transnational Automotive Group, Inc.

----------------------------------------------

for Transnational Automotive Group
Inc.
Next Phase Communications
Kimball Thomson
801-918-3637
kthomson@npcomm.com
Mark Dayton
801-830-4197
mdayton@npcomm.com




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.