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imakmony2005
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PTS Inc. Retains Prestigious Shanghai, China Business Consulting Firm: Shang Hai Yi Heng Hang Business Consulting Co. Ltd.

June 12, 2006 09:00:18 (ET)


LAS VEGAS, Jun 12, 2006 (BUSINESS WIRE) -- PTS Inc. (PTSH, Trade) announced today that they have signed a consulting agreement with Mr. Yu Jian Meng and his firm, Shang Hai Yi Heng Hang Business Consulting Co. Ltd. (SHYHH), to assist the company in marketing the Glove Box(TM) throughout China.

PTS, Inc. had retained the marketing services of Mr. Yu and SHYHH to further develop and expand the marketing of Glove Box, and to find a manufacture and possible JV (Joint Venture) partner with a company in China so as to further the improvements with the Glove Box Inc. Also, SHYHH will be exploring the possible need for PTS's DAC line of business in China, for improving the Disabilities issues.

Yu Jian Meng has a most impressive resume, with past credentials with Shanghai Information Investment Technology Development, Inc. where he served as Senior Economist and General Manager. He was also served as The President of Business Operations and Development China and Senior Economist for Star Cruises; Chief Economist for Deheng Law Offices; and Managing Director and President with Yanion International Holdings, a public trading company in Hong Kong. Yu operates his own consulting company Shang Hai Yi Heng Hang Business Consulting Co., Ltd. (SHYHH), based in Shanghai, China.

In addition, Mr. Yu was formerly a Senior Consultant of the prestigious law firm, DeHeng, headquartered in Beijing, China. (http://www.dehenglaw.com) DeHeng is staffed with the highest caliber Chinese licensed attorneys, as well as foreign lawyers who have not only in-depth knowledge of China but also extensive legal experience in other countries, and boasts one of the most impressive client lists of any law firm in China. Their clients include governmental agencies, multinational manufacturing and consumer products companies, investment banks, stock exchanges as well as other financial institutions.

Mr. Yu will also be assisting and consulting with the PTS Inc. subsidiary DAC regarding the Americans with Disabilities Act (ADA), using his experience and expertise in domestic and international legal services, and his in-depth understanding of the cultural differences between the East and the West.

"We are pleased and feel very fortunate to have such a distinguished and well connected businessman working with us in China," stated Peter Chin, CEO of PTS Inc. "I am confident that Mr. Yu will help PTS, Inc. locate and qualify a suitable company in China to assist us with the Glove Box product. Mr. Yu has a wealth of experience and global reach for the company to be able to draw from, and is an excellent resource for us, at this stage in the Glove Box marketing effort."

About PTS Inc.

PTS, Inc.'s subsidiary, Glove Box Inc. (www.ptspi.com), owns the rights to the patented, revolutionary Glove Box(TM), the only product that offers contamination reduction through automated glove dispensing. The Glove Box(TM) system is a free- standing dispenser of disposable latex gloves, which is being marketed by PTS in the United States and Asia.

Another subsidiary of PTS, Inc. is Disability Access Consultants (DAC). More than 54 million people in the U.S. have a disability, a number equal to 20% of the population. The Americans with Disabilities Act of 1990 requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities. It is estimated that there are more than 7 million sites at risk across the U.S. For more information about DAC, please visit: www.adaconsultants.com.

PTS Card Solutions, Inc. (PTCD, Trade) is a partially owned and controlled subsidiary of PTS, Inc. PTS, Inc. recently assigned all of its interests in Global Links Card Services to this newly acquired subsidiary, PTS Card Solutions, Inc. Global Links Card Services, Inc. markets its FastMax Prepaid Debit Card through various agents and distributors.

SOURCE: PTS Inc.


PTS Inc., Las Vegas
Peter Chin, 702-327-7266
psc3388*yahoo.com
[Cool] [Cool]

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imakmony2005
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THEN AGIAN, MIGHT NOT.
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wallymac
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Then again it could. Good value under in the renage it's in now. Usually runs to .01 and above when it pops.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
imakmony2005
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me and you wallymac.
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Spike's Wire
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I really dont quite understand why this company could never do more. bah.

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Spike

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BlindMellonChitlin
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They have been trying to sell the 'glove box' for years. They had a relationship with American Fire Retardant which turned out to be a scam company.

If the concept is viable , you would think that it would have caught on by now. Maybe it's not cost effective. JMO

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Making it a little at a time....Now is the time to determine if you are a man or a mouse.

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tompom
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good point blindmelon!
i remember i played this one back in feb. when it was in the slipstream of axia( axig)
remember that one?, nice tenbagger which also turned out to be a scam
the glove box story is old, made itīs way around pinkyland in the last years
i donīt think it ever wil be sold
i even go further!
in my opinion this is a decoy, sold from one scamster to the next, for the only intention to sell shares into the market!
look at the r/s history of this pos!
if thatīs not enough try to contact the company, listen to the voicemail of this guy, i think peter chin was his name...
that guy canīt even talk straight!
just to know who you gave your money to...

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