Message #19 From:
NewsBot Date: November 20, 2006 06:00:00 AM
PTSH News PTS, Inc. Establishes Stock Dividend Ratio for Disability Access Corporation at 1:3
LAS VEGAS--(BUSINESS WIRE)--The Board of Directors of PTS, Inc. (OTCBB:PTSH) announced today
that they have established the ratio of the pending stock dividend of
Disability Access Corporation (Pink Sheets:DBAC) at a ratio of
1:3. This means that for every three (3) shares of PTS, Inc. owned at
record date, one (1) share of Disability Access Corporation post split
stock will be paid. The date the DBAC-Pink Sheets forward split, as
previously announced, will be effective on 11-30-2006.
The date of record for the PTS, Inc. shareholders entitled to receive
this dividend distribution will be at the close of business Friday,
December 15, 2006.
About Disability Access Corporation
Disability Access Corporation (DBAC-Pink Sheets) 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.