SK3 Group, Inc.

SK3 Group, Inc.

December 02, 2009 09:15 ET

SK3 Group to Acquire Medical Billing Specialists, Inc. for $4,100,000

MIAMI, FLORIDA--(Marketwire - Dec. 2, 2009) - SK3 Group, Inc. (PINK SHEETS:SKTO) announces that it has signed a Letter of Intent to acquire Medical Billing Specialists, Inc., provider of billing and support services for healthcare businesses, from their current holding company, Healthcare of Today, Inc. ( for $4,100,000.

"This acquisition strengthens our ability to provide American consumers with high quality healthcare, because Medical Billing Specialist frees its client's healthcare professionals to focus on the patient instead of paperwork."

The letter of intent provides for the negotiation and execution of agreements and completion of due diligence. Closing is anticipated to be on or before December 31, 2009.

About Medical Billing Specialist

Medical Billing Specialist, founded in 1999, offers healthcare businesses a range of billing and business support services including billing, collections, transaction reporting and posting, consulting, and more. The company offers custom services packages for a range of health and medical businesses including hospice, home health care agencies, physician's offices and other medical facilities. Medical Billing Specialist provides on-premises or offsite services to its clients. For more information please visit

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. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.

Corporate information can be found at

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. SK3 Group, Inc. disclaims any intention or obligation to revise any forward- looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.

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