Business Services Industry
PTS, Inc. Announces Merger with Disability Access Corporation
Business Wire, Oct 26, 2006
LAS VEGAS -- The Board of Directors of PTS, Inc. (OTCBB:PTSH) announced today that, it has changed the name of Power-Save Energy Corp. a Delaware Corporation (Pink Sheets:PWVG) to Disability Access Corporation and it has executed an Agreement of Merger with Disability Access Consultants a wholly own subsidiary of PTS, Inc. The effective closing date for this transaction, and the date of record, will be announced shortly. The surviving entity will be Disability Access Corporation.
Further details pertaining to this transaction, which will necessitate a change of CUSIP number as well as assignment of a new stock trading symbol, will be forthcoming in subsequent press releases and Form 8K filings.
About Disability Access Consultants Inc. (DAC)
Disability Access Consultants, Inc. 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.
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