PTSH A Step Closer To Merger

LAS VEGAS, May 6 /PRNewswire-FirstCall/ - PTS, Inc.( PTSH.OB) is sending a due diligence team to Europe and Asia to investigate several viable businesses that could be well suited to merge into PTSH.

Marc Pintar, interim CEO comments, "PTSH has organized a due diligence team to investigate a number of attractive companies that we believe could qualify as a strategic and viable business combination with PTSH. The team will be travelling throughout Europe and Asia from May 11th through the 31st to meet the principals and/or Board of Directors of the respective companies to discuss the possible business and strategic opportunities with PTSH".

Pintar continues, "PTSH is not interested in hastily entering into any definitive agreement; we first must properly evaluate each company and determine the short/long term benefits to any respective potential business opportunities and synergies with prospective candidates. Though we are reviewing select companies we are not discriminating on preconceived criteria and are in fact will be seriously considering several smaller companies that show a very promising upside potential".

PTSH believes it's in a position of strength and is going to explore every opportunity to bring value back to its stockholders.

"While our team is investigating business opportunities abroad we will be finishing up our first quarter financials, which we will be releasing later this month, and further we anticipate that we will be updating our shareholders on our teams progress shortly after their return," concludes Pintar.

A source close to the company said, "Just so that our followers are clear we are looking at having several small and mid size companies merge into PTSH whereby PTSH would be a holding company conglomerate. We are entertaining proposals from the automotive, real estate and green energy sectors."

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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.

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SOURCE PTS, Inc.