PTS, Inc.
PINK SHEETS : PTSH

October 10, 2011 09:00 ET

PTS, Inc. (PTSH) Completes Merger With Navistar Logistics (UK) Ltd.

LONDON, UNITED KINGDOM--(Marketwire - Oct. 10, 2011) - PTS, Inc. (PINK SHEETS:PTSH) (www.ptspi.com) and Navistar Logistics (UK) Ltd. http://www.navistar.co.uk announce that Navistar Logistics had been successfully merged into PTS. Inc. The merger was executed on all stock basis and Navistar represents PTS, Inc.'s sole subsidiary and a major shareholder.

Navistar Logistics (UK) Ltd. CEO, and the incoming CEO of PTS, Inc., John O'Brien stated "We are excited to have executed this merger and we look forward to raise the value of PTS, Inc. as its sole subsidiary. Navistar is a profitable and well-ran company, and we expect to make the most of our position as a publicly traded company.

"We bring revenues in the excess of $10 million, so we are looking at the option to uplist PTS, Inc. back to the reporting status. We consider ourselves 'doers' rather than 'talkers' and our advisors are trying to secure the route for this to happen smoothly, currently seeking a suitable PCBOA auditor. We should be able to provide update on this in few months."

Navistar Overview:

Navistar has been established in the UK for over 10 years with a wealth of experience and knowledge in all logistics disciplines. Navistar specializes in air freight, sea freight and road haulage, transfer customs clearance, storage and fulfillment. Navistar can collect and deliver door-to-door anywhere in the world.

The company is a member of British International Freight Association (Navistar can be found on BIFA site: http://www.bifa.org/content/Member.aspx), Road Haulage Association (RHA; http://www.rha.uk.net) and the British Chamber of Commerce.

Navistar Logistics (UK) Ltd. owns warehousing facilities in London, Birmingham, West Bromwich, Manchester, Newcastle and at most major ports, airports and hubs such as London Heathrow. All facilities are equipped with state of the art security controls, and lock down facilities for high value and sensitive goods.

Navistar has extensive partnerships throughout North America and a worldwide network of international approved agents, offering logistic services throughout UK, Northern and Southern Ireland, and Europe, and developed extensive relationships with the international logistics communities, such as ports, 3rd party forwarders, large-scale logistic coordination companies, customs, etc.

Navistar offers its customers various types of delivery vehicle options, such as transit-type vans, 7.5t and 18t curtain-sided trucks with tail lifts or "air ride" 40ft articulated lorries, all operated by experienced and courteous drivers. In total, the company owns a fleet of 35 vehicles, with the option to seek out 3rd party freight forwarders to accommodate all of its customers. All vehicles are equipped with GPS tracking and mobile phone communications. The company also offers refrigerated vehicles, and is certified to handle dangerous goods. Navistar offers on-line tracking system and freight management.

PTS, Inc. management will provide more updates on this and other company news shortly and promptly.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of PTS, 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. cautions you that any forward-looking information provided by or on behalf of PTS, 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.'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.'s control. In addition to those discussed in PTS, Inc.'s press releases, public filings, and statements by PTS, Inc.'s management, including, but not limited to, PTS, Inc.'s estimate of the sufficiency of its existing capital resources, PTS, Inc.'s ability to raise additional capital to fund future operations, PTS, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match PTS, 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. 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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