News for 'PTSN' - (PTS, Inc. Enters into Letter of Intent to Acquire Global Links Card Services, Inc.)
LAS VEGAS, Dec 20, 2004 (BUSINESS WIRE) -- PTS, Inc. (OTCBB:PTSN) today announced that a Letter of Intent has been entered into between Global Links Corp. (OTCBB:GOBC) and PTS, Inc. under which PTS, Inc. will acquire all of the outstanding stock of Global Links Card Services, Inc. ("GLCS") Upon conclusion of the acquisition, Global Links Card Services Inc. will become a wholly owned subsidiary of PTS.
About Global Links Corporation - www.glcsi.com
Global Links Card Services has a management team of seasoned professionals thoroughly familiar with the prepaid and debit card business. GLCS offers a suite of comprehensive electronic products to the retail, restaurant and hospitality industries in addition to various national associations.
Please visit the company's website: www.ptspi.com.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
SOURCE: PTS, Inc.
CONTACT: PTS, Inc.
Peter Chin, 702-380-3811
Email: PSC3388@yahoo.com
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KEYWORD: NEVADA
INDUSTRY KEYWORD: BANKING
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