Message #21 From:
NewsBot Date: December 5, 2006 06:00:00 AM
PTSH News Disability Access Corporation Opens New Las Vegas Office
LAS VEGAS--(BUSINESS WIRE)--Disability Access Corporation (DBYC:Pink Sheets) announced today
the opening of its new office in Nevada. “The
opening of the Las Vegas office will provide an additional regional
center of operations to further facilitate the growing demand for our
company’s services. Additionally, we intend to
relocate our corporate office activities to Nevada, in January, to take
benefit of the advantageous corporate tax climate, particularly in light
of our expected 2007 revenue generation,”
stated company President, Barbara Thorpe.
The company has enjoyed significant growth in 2006 and amongst other
recent contracts has recently added three cities and a college to its
municipality client list. Recent contract commitments will add
approximately $500,000 in new revenues to the company’s
existing book of business. A previously announced Letter of Intent
(LOI), with a national quick service restaurant chain (QSR), has moved
to the final stages of formal contract preparation and is expected to be
signed shortly. As a significant amount of the QSR units specified in
the LOI have been inspected, work under the contract, though the
contract has not formally been signed, has essentially been progressing
for the last several months and associated progress payments received.
Confidentiality language, within the various contracts, limit disclosure
of the various above referenced client names.
“We are delighted by the growth and progress
that DAC has made this year under Barbara Thorpe’s
fine leadership,” stated Peter Chin, President
of PTS, Inc. (OTCBB:PTSH), parent company of Disability Access
Corp. Chin further commented, “We are also
extremely optimistic at the prospects for DAC in 2007, with the
contracts, pending and in place, we have high expectations for new
record revenues.”
Disability Access Corporation 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 DBAC, visit www.adaconsultants.com.
PTS, Inc.'s subsidiary, Glove Box Inc. (www.ptspi.com),
owns the rights to the patented, revolutionary Glove Box™,
the only product that offers contamination reduction through automated
glove dispensing. The Glove Box™ system is a
free-standing dispenser of disposable latex gloves, which is being
marketed 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.
