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PTS, Inc General Corporate Update - PTSH Ready On Fast Track To Move Forward


News provided by

PTS, Inc.

May 27, 2010, 07:00 ET

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LAS VEGAS, May 27 /PRNewswire-FirstCall/ - PTS, Inc. (PTSH.OB) is using this opportunity to update its shareholders and followers on several key events that have been transpiring with the company recently.

"PTSH is pleased to report that our due diligence team is wrapping up their meetings throughout Europe and Asia", said Mr. Marc Pintar interim CEO of PTSH.

Since May 11th a specialized merger and due diligence agent team of PTSH was sent to Europe and Asia to amongst other things conduct due diligence on companies that PTSH believes are suitable business combinations.

Mr. Pintar continues, "The initial reports from our team show impressive results and prospects; with some companies showing better than anticipated reports. The company hides no fact that it has turned a new leaf and looking in a new direction of various industries. Candidates currently under review and or consideration are medical and pharmaceutical companies, or medical sectors. We also entertained several lucrative options in the manufacturing and mass distribution businesses in China. At this point we are keeping all of our options open. We remind our shareholders that these are significant merger candidates with massive assets, revenues in the millions of dollars and to that end and as much as we would like to finalize this merger "yesterday" this exercise is a process that cannot be rushed. Rushing does not serve the best interest of our shareholders and needless to say the merger candidate has their own advisors and legal representations, and they march to the beat of their own drummer.

Without tipping our hand a leading edge medical company in the research and development (R&D) field of bio chem with massive future potential in the reconstructive and regenerative medicine seems to be everyone's darling. Again as this is worth repeating their revenues are considered respectable for an RD company but the multibillion dollar industry they service has huge potential. This RD company is located in one of the European Union (EU) countries.

We will provide details as they become available.

In Other PTSH News, PTSH has completed its 2010 first quarter report as scheduled. "The first quarter was a big relief for us as PTSH as it was the last report to show the business of DBYC. Moving forward the quarterly reports will be focused on the efforts of our reorganization and various business combinations. Moreover, our second quarter financials and onward will reflect the rehabilitated PTSH", stated Mr. Pintar.

He concludes, "We believe the stock's price will be reflected by our efforts, actions and financials. Now that our first quarter financials are completed we can devote 100% of our time to seeking out various business opportunities for PTSH as we are currently doing".

The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.

For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders' satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. Depending on the location of the issuer it may take up to several days, depending on the company's location and management's availability to address these pressing issues. MMG is often one of the advisors or IR companies utilized by the issuer. In a normal course of business and a pending transaction the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers now, which for above reasons cannot be fulfilled on a timely basis.

Don't be a victim. Report a stock basher to authorities. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor. MMG encourages the readers to visit this investorshub.com blog and similar "investors" web sites with an open mind. Discover for yourself why and how USA small based businesses and the back bone of the economy suffer. Stay informed and do not allow entrepreneurs dreams, innovations, and their access to capital to be thwarted as "scalpers" and day traders vigorously day in and day out try to exploit and extinguish US innovation and progress for quick profits.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of PTS, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. PTS, Inc. cautions you that any forward-looking information provided by or on behalf of PTS, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS, Inc.'s control. In addition to those discussed in PTS, Inc.'s press releases, public filings, and statements by PTS, Inc.'s management, including, but not limited to, PTS, Inc.'s estimate of the sufficiency of its existing capital resources, PTS, Inc.'s ability to raise additional capital to fund future operations, PTS, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PTS, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com

SOURCE PTS, Inc.

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