PACEL CORP (fka PCCN)

[Phisherman]

PACEL Corp. Announces Closing on United Personnel Services

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PRNewswire
3:22 p.m. 03/01/2006


CHARLOTTE, N.C., March 1, 2006 /PRNewswire-FirstCall via COMTEX/ -- PACEL Corp. (PCCE) PACEL Corp. announces that it will close the acquisition of United Personnel Services, Inc. on Tuesday, March 7, 2006. PACEL Corp. entered into a letter of intent to purchase World Wide Personnel Services of Maine, Inc. and United Personnel Services, Inc. in November 2005.

United Personnel Services, Inc. and World Wide Personnel Services of Maine, Inc. are leading Professional Employer Organizations in Maine. Combined these two companies will generate approximately $500,000 in gross profit for PACEL Corp. and will approximately double PACEL Corp.'s revenue.

PACEL Corp. anticipates closing on World Wide Personnel of Maine, Inc. within the next month. Adding these companies extends PACEL Corp.'s operating footprint to the Northeast area of the country giving us a strong presence along the Atlantic coastline.

"We are looking forward to the closing now that all the details have been finalized," stated Gary Musselman, President of PACEL. "United Personnel Services, Inc. is an excellent organization and will be valuable members of the PACEL family."

United Personnel Services, Inc. will continue to operate with the current management team and continue to serve their client base.

Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.

Gary Musselman of PACEL Corp., [phone]


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