SK3 Group, Inc.
PINK SHEETS : SKTO

SK3 Group, Inc.

October 09, 2009 09:40 ET

SK3 Group, Inc. Acquires Nurses On-Line

CARLSBAD, CALIFORNIA--(Marketwire - Oct. 9, 2009) – SK3 Group, Inc. (PINK SHEETS:SKTO) announced that, effective September 9th, 2009, it acquired the assets of Nurses On-Line, Inc. from Solvis Healthcare, Inc. for $1,200,000 in a blended cash and common stock purchase.

Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. The purpose of this service is to assist employers with managing the ongoing risk associated with workers' compensation claims and their relationship to premiums and reserves charged by insurance carriers.

"Our acquisition of Nurses On-Line represents our initial entry into the $2.2 trillion U.S. healthcare market," said Peter Bell, President of SK3 Group.

The board of SK3 Group believes that as a result of this asset purchase, it is in the Company's best interest to complete a name change to best reflect the new business strategy.

About SK3 Group, Inc.

SK3 Group is acquiring strategic assets in technology, healthcare, and business services. Founded in 2004, the company's trading symbol is (PINK SHEETS:SKTO). Corporate information can be found at http://www.sk3groupinc.com.

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