SK3 Group, Inc.
PINK SHEETS : SKTO

SK3 Group, Inc.

October 21, 2009 16:58 ET

SK3 Group Inc. Signs 20,000 Employee Contract

CARLSBAD, CALIFORNIA--(Marketwire - Oct. 21, 2009) - SK3 Group, Inc. (PINK SHEETS:SKTO) announces that on October 21st, 2009, it signed a two year contract with Allegiant Professional Business Services Inc., a $100,000,000 annual revenue staffing and PEO (Professional Employer Organization) to service its 20,000 plus employees.

Nurses On-Line is designed to assist client companies in reducing their workers' compensation claims exposure. Our staff of Registered Nurses assists our clients by serving as a clearing house for all incidents involving a worksite injury. When the frequency of workers' compensation claims is lowered, employers generally enjoy reductions in premium and a reduction in deposits and reserves. Nurses On-Line has been able to assist our employer-clients in reducing worksite injury claims by as much as 70% to 75%.

"This contract with Allegiant, validates that our cost saving strategies can be implemented by a large business and assist them in effectively managing their insurance and worker's compensation claims," said Peter Bell, President of SK3 Group.

Allegiant, through its direct and indirect subsidiaries, provides staffing and business processing services to municipalities and small businesses principally in Southern California and provides a variety of financial services including: benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, full time and temporary staffing services to small and medium-size businesses.

About SK3 Group, Inc.

SK3 Group's Nurses On-Line unit 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. Corporate information can be found at http://www.sk3groupinc.com.

Contact Information