SK3 Group, Inc.

SK3 Group, Inc.

October 28, 2009 09:01 ET

SK3 Group Signs Joint Venture With Premier Medical Group Inc.

CARLSBAD, CALIFORNIA--(Marketwire - Oct. 28, 2009) - SK3 Group, Inc. (PINK SHEETS:SKTO) has signed a joint venture with Premier Medical Group, Inc. (PMG) of Florida. PMG is a mobile provider of diagnostic testing, allowing the patient to have testing in a familiar environment while allowing the doctor to maintain and provide quality in-office diagnostic procedures without any of its associated complexities. The company has been in business for seventeen years and currently does over four million dollars a year in sales.

PMG offers, among other tests, Nerve Conduction Velocities, Dermatomal Somatosensory Evoked Potentials, and Spinal Ultrasounds. Additionally, insurance companies recognize NCV'S, DSEP's, Needle EMG's, and Spinal Ultrasonography as credible diagnostic tests which may allow for extended patient care. This insurance advantage, and the fact that it can provide objective documentation makes it a vital tool in today's physician's diagnostic battery.

SK3 sees this joint venture as a way to increase its service offerings and hereby increase revenues, as SK3 earns a 20% fee on every test and visit. SK3 will be aggressively marketing these services to its PEO markets and much of the long-term disability and compensation requires such testing, and SK3 already has a 27,000 client roster. SK3 will average $140 per test administered.

About SK3 Group, Inc.

SK3 Group has two divisions that provide medical related services to its customers. 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. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.

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