6 January 2012

DENVER, Colorado, January 6, 2012 - Sightseeing tours, airport transfers, motor coach charters and other services provided by Gray Line in 178 locations around the world are unaffected by the Chapter 11 Reorganization filing of Coach America.

Coach America Group Holdings Corporation filed a voluntary petition for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware on January 3, 2012. Coach America, through its subsidiaries, operates sightseeing tours and other services under license from the Gray Line Corporation in San Francisco, CA., Monterey, CA., Carmel, CA., Los Angeles, CA., Anaheim, CA. and Las Vegas, NV.

"The senior management of the Gray Line Corporation, in conjunction with and on behalf of the Gray Line board of directors, wishes Coach America the best as they navigate the reorganization process," said Brad Weber, President and CEO of the Gray Line Corporation. "The Coach America management team has assured me that in the six cities where Coach America operates under the Gray Line brand, all services will continue to operate normally and without interruption. Furthermore, as each one of our locations is independently owned and operated, the reorganization of Coach America is not related to the business or operations of any other Gray Line Licensee or the Gray Line Corporation."

Gray Line Corporation licenses its iconic brand and world famous blue diamond logo to independently owned sightseeing, travel and transportation companies around the world. It also provides an Internet reservations system, brand marketing, global sales relationships, customer service support and other services to its Licensees. Independent companies who wish to license the Gray Line brand are selected only after completing a rigorous application process and receiving approval from the corporation's board of directors.

About Gray Line

Serving over 700 destinations worldwide, Gray Line invented the art of sightseeing and serves as the industry leader in tours, activities and attractions. Founded in 1910, primarily offering excursions throughout North America, the company has since grown into a multi-faceted, global sightseeing powerhouse specializing in well-rounded destination experiences that include adventure and eco tours, luxury tour services, budget-friendly activities, as well as culinary, cultural and historical pursuits. The company is headquartered in Denver, Colorado. www.grayline.com.


Beth Hengeveld, Gray Line Corporation | 1835 Gaylord Street, Denver, Colorado 80206 USA | Tel: 303.394.6928 | Fax: 303.394.6950 | Email: [email protected]


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