PTS, Inc.
OTC Bulletin Board : PTSH

November 09, 2010 10:50 ET

PTS, Inc. (PTSH) Announces New IT Service Contract

ATLANTA, GEORGIA--(Marketwire - Nov. 9, 2010) - PTS, Inc. (OTCBB:PTSH); announced today that through its ThinLine division it has signed a 3 year IT Services deal with United Power.

United Power (www.unitedpowerinc.com) is acknowledged experts on the resale of products especially suited for medium voltage power distribution, in addition to providing a wide portfolio of products for other aspect of the electrical utility business. United Power has been serving electrical utility Customers within Georgia continuously since 1976. They have developed a reputation for customer sensitivity, fair dealing and exceptional quality during this time. 

United Power required an IT solution that would allow them to contact one source for all of their IT needs.

"United Power is a well-established and quality company that has been a leader in their field for decades" stated Raj Kalra CEO of PTS. "They were looking for a one stop shop that would be able to handle their IT, disaster recovery and hardware needs without making more than one phone call. ThinLine's managed IT solution was designed for this task. We look forward to working with the team at United Power and I am always excited to add a quality client to our growing portfolio of managed It customers," added Raj Kalra.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of PTS, Inc., Inc., that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. PTS, Inc., Inc. cautions you that any forward-looking information provided by or on behalf of PTS, Inc., Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS, Inc., Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS, Inc., Inc.'s control. In addition to those discussed in PTS, Inc., Inc.'s press releases, public filings, and statements by PTS, Inc., Inc.'s management, including, but not limited to, PTS, Inc., Inc.'s estimate of the sufficiency of its existing capital resources, PTS, Inc., Inc.'s ability to raise additional capital to fund future operations, PTS, Inc., Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match PTS, Inc., Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS, Inc., Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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