PTSH -- PTS, Inc.
Com ($0.001)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
PTS, Inc. Establishes Stock Dividend Ratio for Disability Access Corporation at 1:3
LAS VEGAS, Nov 20, 2006 (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.
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.
Safe Harbor Statement Regarding Forward-Looking Statements:
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.
SOURCE: Disability Access Corporation
CONTACT: PTS, Inc.
Peter Chin, 702-327-7266
psc3388@yahoo.com
Copyright Business Wire 2006
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KEYWORD: United States
North America
Nevada
INDUSTRY KEYWORD: Health
Medical Devices
Other Health
Professional Services
Human Resources
SUBJECT CODE: Dividend
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