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PTS, Inc. Reports Record Third Quarter Wednesday October 4, 9:00 am ET
LAS VEGAS--(BUSINESS WIRE)--PTS, Inc. (OTCBB: PTSH - News) has reported third quarter unaudited revenue results, as follows.
Sales revenue for the three-month period ending September 30, 2006, was $229,865. Compared with the same period in 2005, this represents an improvement of $214,214 or 1,468%.
On a nine-month comparison basis, PTS, Inc. has booked revenue of $575,563 for the first three quarters of 2006, compared to $139,791 for 2005, an increase of 411%.
The increase is almost entirely attributable to Disability Access Consultants, Inc., a wholly owned subsidiary of PTS, Inc. Earlier this year the company had executed an agreement with a major international Quick Service Restaurant (QSR) chain to conduct Americans with Disabilities Act (ADA) compliance inspections on a national basis.
The Americans with Disabilities Act (ADA) requires businesses to provide equal access to goods and services for individuals with disabilities. Public entities are held to a higher standard of access to programs, services and activities and are mandated to have developed a transition plan and self-evaluation that determines if any facilities, programs or services are discriminatory in regards to individuals with disabilities.
About Disability Access Consultants (DAC)
Disability Access Consultants, Inc. conducts facility inspections, policy reviews and program analyses in addition to a comprehensive continuum of other compliance services. More than 54 million people in the United States 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 United States. For more information about DAC, please visit: www.adaconsultants.com.
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.
PTS Card Solutions, Inc. (OTC: PTCD - News) 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.
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 to differ materially from forecasted results.
Contact: PTS, Inc., Las Vegas Peter Chin, 702-327-7266 psc3388*yahoo.com
-------------------------------------------------------------------------------- Source: PTS, Inc.
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