Message #17 From:
NewsBot Date: November 14, 2006 06:00:00 AM
PTSH News Disability Access Corporation Announces Approval of Forward Stock Split with a 10:1 Ratio
LAS VEGAS--(BUSINESS WIRE)--The Board of Directors of Disability Access Corporation of Delaware
(Pink Sheets: DBAC) announced today that it has approved a
forward stock split, with a ratio of 10:1.
PTS, Inc.’s (OTCBB: PTSH)
controlling interest of DBAC:Pink Sheets will be 1,300,000,000
post-split shares. The date of record for the DBAC:Pink Sheets
shareholders entitled to the forward split will be at the close of
business 11-30-2006.
The dividend and the effective date for PTS, Inc. shareholders to
receive the dividend from Disability Access Corporation will be
forthcoming in a subsequent press release to be issued shortly.
About Disability Access Corporation
Disability Access Corporation (Pink Sheets: DBAC) 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 seven million sites at risk
across the United States. For more information about DAC, please visit: www.adaconsultants.com.
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.
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.
