DNYS Cyber-Thingy(TM) Executes Distribution Agreement With American First
Equity Inc. To Place 1,000 Kiosk Machines
THE DISTRIBUTION AGREEMENT IS VALUED
AT AN ESTIMATED $12,000,000 IN ANNUAL REVENUES FOR CYBER-THINGY(TM)
CORAL SPRINGS, Fla., Jan. 7, 2013 /PRNewswire via COMTEX/ -- Dynasty Limousine,
Inc. (PinkSheets: DNYS) is pleased to announce its wholly owned subsidiary
Cyber-Thingy(TM) has executed a distribution agreement with American First
Equity, Inc., (a 7.5 year old company in the business of distributing gas, oil,
credit card processing services, ATM placement services) to place 1,000
financial kiosks by the end of September 2013.
Once a machine is installed and operational for 3 months, Cyber-Thingy(TM) will
receive a monthly revenue share of approximately $1,000 per month per machine.
If there is any kiosk machines that are under-performing, American First Equity
Inc. will move them to other more profitable locations.
The terms of the Agreement require Cyber-Thingy(TM) to deliver 3 fully
customized operational machines to American First Equity by the end of January
for testing. Once American First Equity has fully tested the machines and all
changes are agreed to, Cyber-Thingy(TM) shall begin delivering 100 machines per
month beginning April 1, 2013 for the first 4 months, then 200 machines for the
next 3 months ending in September 2013.
One of the unique opportunities offered by the kiosk is that, the Company's
software can be updated remotely. Cyber-Thingy(TM) will also offer distribution
to other online service providers that do not have their services offered at
these locations which will enhance the revenue generated per machine.
Cyber-Thingy(TM) will be rebuilding its website to show the additional level of
services offered and there will be videos of the machines in operation. The
additions to the website will showcase its different kiosk machines, including
an Investor Relations section and detail a list of residual products and
services offered by the Company in its financial kiosks.
The Company is working on the name change and will follow up with a press
release regarding the name change and submission to FINRA later in the week.
About Cyber-Thingy(TM)
Cyber-Thingy(TM) distributes Company owned kiosk machines and tablets to earn
residual revenues and/or sell kiosk machines to earn up-front and residual
revenues. Cyber-Thingy's(TM) multiple revenue streams are derived transaction
and fee based programs running within the kiosks such as; Digital Advertising,
Mobile Phone Top-up minutes (reload), Online Bill Pay, Sweepstakes Games,
Events-Sports-Movie Tickets, Gift Card Programs, Prepaid Cards, Digital Lottery
and New Product Launch (ALL with immediate purchasing options). Each Kiosk
machine comes with a cash bill acceptor and a credit card reader for ease of
payment. Tablets are connected to existing POS systems. These multi-functional
kiosks and tablets not only earn Cyber-Thingy(TM) residual revenues but create
residual revenue opportunities for the multiple companies involved.
About American First Equity Inc.
American First Equity Inc. (AFE) is a Hollywood FL based company that focuses on
residual markets. AFE offers services in the area of; gas and oil distribution,
credit card processing, prepaid debit card programs, ATM placement and
factoring. AFE has also acted as servicing agents for mortgage lenders since
2005.
The foregoing press announcement contains forward-looking statements that can be
identified by such terminology such as "believes," "expects," "potential,"
"plans," "suggests," "may," "should," "could," "intends," or similar
expressions. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results to be
materially different from any future results, performance or achievements
expressed or implied by such statements. In particular, management's
expectations could be affected by, among other things, uncertainties relating to
our success in completing acquisitions, financing our operations, entering into
strategic partnerships, engaging management and other matters disclosed by us in
our public filings from time to time. Forward-looking statements speak only as
to the date they are made. The Company does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the forward-looking statements are made.
CONTACT:
Chris ClarkeInvestor@cyber-thingy.com954-509-3748
SOURCE Dynasty Limousine, Inc.
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