PTS, Inc.

April 04, 2011 15:45 ET

PTS, Inc. (PTSHD) Introduces Health Care Merger Candidate

NEWPORT BEACH, CALIFORNIA--(Marketwire - April 4, 2011) - PTS, Inc. (PINK SHEETS:PTSHD) ( is pleased to introduce its new merger candidate: Axiom Care Group Inc.

Axiom Care Group Inc. specializes in senior adult long term care and respite care services. The company provides a wide range of high quality health care services to residents and clients. Axiom Care Group Inc. boasts revenues in the $2.1 million range.

PTS, Inc. Secretary Marc Pintar stated: "We are excited to have found such a suitable and well-established subsidiary for PTS, Inc. and its shareholders. Axiom Care Group represents a great opportunity for PTSH and its shareholders. The company is prepared to grow in a market that's bullish due to slowly retiring baby boomers."

"Once the companies execute the merger, PTS, Inc. expects the principals of the new subsidiary to join PTS, Inc.'s management. Axiom Care Group Inc. CEO Robert Gross will take on the position as the Director of PTS, Inc. Mr. Gross offers extensive experience in the auxiliary health care industry and will lead PTS Inc. to the next level in this growing field."

Mr. Gross stated: "Axiom Care Group Inc. has a lot to offer to PTS, Inc.'s shareholders. Our current successful operations will allow us to expand into other areas of the auxiliary health care services. California always offered great potential for new services, so we intend to grow our base and establish Axiom as a household name here, and possibly moving beyond the state later on. We're looking forward to working hard for the company and PTS, Inc. shareholders."

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

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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