PTSH NEWS
News for 'PTSH' - (Disability Access Consultants, Inc. Announces 2009 Fourth Quarter Revenues)
PTSH News -- Disability Access Consultants, Inc. Announces 2009 Fourth Quarter Revenues.
Wednesday, February 10, 2010 6:33 AM
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News for 'PTSH' - (Disability Access Consultants, Inc. Announces 2009 Fourth Quarter Revenues)
LAS VEGAS, Feb 10, 2010 /PRNewswire via COMTEX/ -- Disability Access
Corporation (Pink Sheets: DBYC) a subsidiary of PTS, Inc. (OTC Bulletin Board:
PTSH), announced today that Disability Access Consultants, Inc.(DAC), a wholly
owned subsidiary of Disability Access Corporation today announced unaudited
revenues for the fourth quarter of 2009 in the amount of $565,000 which
represents an eighty percent (80%) increase compared to 2008 fourth quarter
revenues of $313,000, for an increase of $252,000 over the previous year's
quarter. On an annual basis DAC unaudited revenues for 2009 were $1,456,000
which compared to 2008 annual revenues of $1,418,000 represents a year to year
increase of $38,000 for a three percent (3%) increase.
Though the company is pleased that revenues grew in spite of the weakness in the
economy, the pace of growth was impacted by the trepidation in the existing and
prospective client base over public and private funding for various programs and
projects. The company believes that its revenue growth in a "very down economy"
is reflective of both the need and demand for the company's services as well as
the company's service and product integrity.
About Disability Access Consultants, Inc. (DAC)
Disability Access Consultants, Inc., (DAC) a wholly own subsidiary of Disability
Access Corporation (Pink Sheets: DBYC - News) conducts facility inspections,
policy reviews and program analyses in addition to a comprehensive continuum of
other compliance services. Over 54 million people in the US 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's
estimated that there are more than seven million sites at risk across the United
States. Please visit: www.adaconsultants.com.
Safe Harbor Statement:
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
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