SK3 Group, Inc.
PINK SHEETS : SKTO

SK3 Group, Inc.

October 22, 2009 18:04 ET

SK3 Group, Inc. Signs Co-Marketing Agreement With Smart-Tek Automated Services Inc.

CARLSBAD, CALIFORNIA--(Marketwire - Oct. 22, 2009) - SK3 Group, Inc. (PINK SHEETS:SKTO) announces that it has signed a three year co-marketing agreement with Smart-Tek Automated Services Inc. which provides financial services to small and medium-size businesses. This relieves its clients from many of the day-to-day tasks that 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. The contract is expected to generate $360,000 in revenues for SK3 Group.

Smart-Tek has agreed to co-market SK3 Group's services to Smart-Tek employees as well as to other PEO's throughout the country. These additional fee based services include pre-placement services such as drug testing and physical exams, back-to-work and compliance programs, physician claims review; and immunizations, fitness, and health maintenance. These programs are designed to provide a better system of care for employers and employees while at the same time providing a more consistent and efficient management of claims and associated costs.

According to the National Association of Professional Employer Organizations (NAPEO), there are more than 700 PEOs in the US with 2008 gross revenues of $68 Billion. SK3 Group's intention is to strategically roll-out is Nurses On-Line and ancillary fee based services initially to these US based PEOs. "We have recently contracted to provide our Nurses On-Line service to several PEOs. In the process, it has become clear that there is a need for add-on services that we can provide," said Peter Bell, President of SK3 Group, Inc. "We are pleased that our Agreement with Smart-Tek provides an avenue for the marketing of our add-on services in addition to our Nurses On-Line service," furthered Mr. Bell.

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.

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