PTS, Inc. Appoints New President, Director & CEO

LAS VEGAS, March 1 /PRNewswire-FirstCall/ -- PTS, Inc. (OTC Bulletin Board: PTSH) (PTSH) announces today that it has appointed a new officer and director to rebuild and lead PTSH in a new direction.

As a part of a comprehensive restructuring plan to improve the dynamic, viability and corporate opportunity of PTSH, the Board of Directors has accepted the resignations of Peter Chin and Connie Kim from there roles as Director, President, CEO, and Secretary in favor of the appointment of Marc Pintar to fill the vacant positions. Marc Pintar will act as interim officer/director during the rehabilitation period of PTSH.  Mr. Pintar has full authority to act on the company's behalf and in its best interests moving forward.

In his parting comments Mr. Chin noted, "PTSH needs guidance and new leadership to bring greater value to its shareholders.  Mr. Pintar has recently shown exemplary leadership in business reorganization and PTSH welcomes him with open arms".

"Marc brings world wide business exposure, creative developments and a new dynamic for the future of PTSH.  His skills, experience, and connections should provide PTSH with a new vision and opportunities that should position the company for new levels of growth", added Ms. Kim.  

The company extends its respect and gratitude for all the hard work Ms. Kim and Mr. Chin has invested into the PTSH.  We wish them well in all their other ventures.   Mr. Chin will assist Marc Pintar in the filing of PTSH's 2009 annual report (10K) and the 2010 first quarter report (10Q) to assure a smooth transition.  PTSH will be announcing Ms. Kim's replacement shortly.      

"Marc Pintar comments, "PTSH needs a strong balance sheet which begins with reducing/eliminating debt.  PTSH entered into an exchange and settlement agreement with Mr. Chin to resolve mutual obligations and liabilities that will solve some of PTSH's immediate issues".  

Peter Chin agreed to forgive debt of $502,699.15 due him by PTSH for accumulated salary, advances, and various expenses.  Mr. Chin further agreed to exchange his 4,763,333 shares of PTSH Series A preferred stock (worth approximately $321,524 based on closing bid price at February 12, 2010) in exchange for 10,000,000 shares of Series A preferred shares of Disability Access Corporation (Pink Sheets: DBYC) (owned by PTSH, approximate value of $10,000.00), 1,175,126,879 common shares of Disability Access Corporation (owned by PTSH, approximate value of $117,512.69), plus all notes receivable and debentures in Disability Access Corporation and/or its subsidiary Disability Access Consultants, Inc. (owned by PTSH and collectively totaling $593,343.690).  The exchange would be an unaudited non-cash gain to PTSH in the approximate amount of $103,366.77 and would eliminate any interest PTSH may have in Disability Access Corporation as well as Disability Access Consultants, Inc (DAC).

Pintar continued, "Our financials need improvement and our agreement with Mr. Chin puts us on the right track.  It's a start.  We need to streamline our internal operations before executing any growth plans.  The process of rebuilding an organization takes time and I believe we are off to a great start".

Mr. Pintar stated that when time permits he would reveal the short and long-term goals for PTSH.  Pintar commented, "First order of business is the preparation and filing of our 2009 annual report (10K).  Once our annual report is filed we can begin to concentrate on internal organization and entertaining various business combinations for PTSH.  We can't do much without our annual report filed."

Pintar concludes, "The landscape has changed, we are in a new economy.  PTSH will not rush into a business combination out of haste but rather we will be extremely selective for the benefit of our shareholders.  We do have our eye on a few prospects but before we can enter into any type of arrangement we need to focus on rebuilding the internal workings of PTSH".  

About Marc Pintar: Marc has over 15 years of business experience.  He began his career at Farmers Insurance as the youngest member of the management team in the company's history.  Marc went on to train divisions at GE and American Family Insurance, resulting in a 5% - 8% increase in recovery.  Marc has traveled extensively, worldwide, and lived overseas gaining knowledge in global economics and international finance.  Over the years Marc has been a key member of several start-up companies where he increased workforce productivity, influenced growth, and reduced turnover.  Marc has proven abilities in analysis, negotiations, strategic management and leadership.  Recently, Marc worked as an independent management consultant where he decreased overall costs by $1,200,000 annually for his client.  Marc holds a Bachelor of Science degree in Management Systems (operation management) from Arizona State University, a MBA degree, with honors, from Regis University, and received his Six Sigma Greenbelt Certification.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of PTS, Inc. That constitutes 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: Marc Pintar (702) 997-3347

SOURCE PTS, Inc.