LAS VEGAS--(BUSINESS WIRE)--Jan. 10, 2005-- PTS, Inc. (OTCBB:PTSN) today reported that revenues for the October/November/December 2004 period were $113,735. When compared to the previous period of July/August/September 2004, which revenues were reported at $61,647, this represents a fifty-four (54%) percent improvement, quarter to quarter, and a new record for PTS, Inc. Peter Chin, CEO of PTS, Inc., stated, "The revenue breakdown for this just-ended period was $66,735 for the Flexiciser, and $47,000 for Global Card Services." Chin added, "This will put our full year revenue figure at approximately $217,000 which is a record for the Company. We are very pleased to have this kind of revenue growth, and we believe this trend will continue. And, as a result of the recent acquisition of Global Links Card Services, Inc., the Company is projecting 2005's revenues to exceed $1 million."
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.
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.
KEYWORD: NORTH AMERICA NEVADA UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE SOFTWARE RETAIL RESTAURANT EARNINGS SOURCE: PTS, Inc.
CONTACT INFORMATION: PTS, Inc., Las Vegas Peter Chin, 702-878-7888 PSC3388@yahoo.com
Posts: 5120 | Registered: Jun 2004
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Level II's are looking nice. I'm looking for .0014 today. Anyone else have a target price on this?
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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