Smart-Tek Automated Services, Inc. Now Provides Client Employees With 401(k) Plan

NEWPORT BEACH, Calif., March 30 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: STTN) Smart-Tek Automated Services, Inc. today announced that it has signed an agreement to offer its client employees a 401(k) plan through The Hartford Financial Services Group, Inc., a leading provider of life insurance, group and employee benefits, automobile and homeowners insurance and business insurance - as well as investment products, annuities, mutual funds, and college savings plans.

One of the greatest competitive advantages that Smart-Tek has is its ability to meet its clients' requests.  By allowing each client to select a customized 401(k) plan structure, Smart-Tek is able to provide a necessary level of flexibility.  Smart-Tek establishes a separate 401(k) plan document with each client. This provides insulation for each client from defects in plan operation of the other clients.

Smart-Tek Automated Services, Inc., a subsidiary of Smart-Tek Solutions, Inc., recently entered the PEO market with a strategy of attracting clients through enhanced employee benefits.  Brian Bonar, CEO of Smart-Tek, said the strategy has been enormously successful.  "As we have reported preciously, we are on target to see the 2010 gross billings exceed $130 million in calendar year 2010," Bonar said.

Please visit the website www.smart-tekservices.com for further information.

About Smart-Tek Solutions, Inc:

The parent, Smart-Tek Solutions, Inc., generates revenue from the installation of security systems in construction projects. Its board is currently in negotiations to sell its original business and focus entirely on the PEO business of its wholly owned subsidiary, in order to achieve the best value for its shareholders.  The original business generated $3.3 and $3.8 Million of revenue in 2009 and 2008 respectively, and $0 and ($3.1) loss of earnings in 2009 and 2008 respectively.

About Smart-Tek Automated Services, Inc.:

Smart-Tek Automated Services, Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing - staff leasing, temporary staffing and co-employment. It not only provides core services but a wide selection of employee and employer benefits and aftermarket products.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones and marketing arrangements and plans. Estimated revenues from its Smart-Tek Solutions, Inc. subsidiary are somewhat subjective and based on information available to the Company at the time of the determination. Also, such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the continued growth of business as planned including the fruition of new agreements in hand, existing business staying intact, and our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and potential international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K for the year ended , and its subsequent filings with the SEC.

SOURCE Smart-Tek Solutions, Inc.