DBYC news very oversold
PTS, Inc. Announces New Contract with Major Hotel Chain for Subsidiary, Disability Access Corporation
Mar 20, 2007 9:00:00 AM
Copyright Business Wire 2007
LAS VEGAS--(BUSINESS WIRE)--
PTS, Inc. (PTSH-OTCBB) today announced that its subsidiary, Disability Access Corporation (DAC) (DBYC-Pink Sheets), has been selected and contracted to provide American with Disability Act (ADA) inspections for a major international hotel chain. Confidentiality provisions restricts the release of the client's name, along with other contract details, however, this addition to the company's client list adds additional large client diversification to DAC. The initial engagement is expected to be completed within the second quarter of 2007.
The company is also delighted to announce that current first quarter (Jan./Feb./March) revenues for DAC have already well exceeded the entire first quarter of 2006.
As of March 15, 2007, revenues were approximately $190,000. This compares with first quarter 2006, posting revenues of $134,347, representing an improvement of over 40%, with some of the quarter still to go.
The revenue growth trend the company has enjoyed thus far in the current calendar year is expected to continue for the balance of the year.