DBYC Revenue News
LAS VEGAS, May 15, 2007 (BUSINESS WIRE) -- PTS, Inc. (PTSH), reported today that
they have filed Form 10Q-SB for the quarter ending March 31, 2007. Select
highlights of the filing are as follows.
PTS, Inc. sales revenue for the period was $292,323 for the three months ended
March 31, 2007 compared to revenues of $126,598 for the prior comparative period
in 2006. "This represents a $165,725 or a 130 percent improvement compared to the
same quarterly period in 2006. In addition, total operating expenses were reduced
as was the net loss, for the first quarter," stated Peter Chin, CEO of PTS, Inc.
"The revenue growth is attributable entirely to the performance of Disability
Access Corporation (DAC). The improvement of DAC's operating revenues is a
reflection of both the need for DAC's services and the skill of DAC's talented
professionals lead by industry expert Barbara Thorpe, President of DAC," said
Peter Chin.
Chin concluded, "With the pace DAC is on, we fully expect that DAC will continue
to report positive net income in the coming quarters of the current year. We are
very proud of DAC and anticipate its continued rapid revenue growth rate, and
pending profitability."
On another front, the Company decided to cancel the acquisition of the Strategic
Healthcare Systems. It was determined that, based on the continued impressive
growth prospects with Disability Access, the Company has decided to focus on DAC
so as to optimize these opportunities.
