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Tue, December 23, 2008
PTS, Inc. Subsidiary, Disability Access Corporation, Appoints Flaherty and Thorpe to the Board
LAS VEGAS--([ BUSINESS WIRE ])--The Board of Directors of Disability Access Corporation (Pink Sheets:DBYC), a subsidiary of PTS, Inc. (OTCBB:PTSH), met on December 15, 2008 and as a result of that meeting, today announces that Board has hereby appointed Ms. Barbara Thorpe and Mr. Phillip Flaherty to serve as members of the Board of Directors of Disability Access Corporation. These appointments will have immediate effect.
It was further reported that the Board of Director appointed Ms. Barbara Thorpe to serve as President of Disability Access Corporation, effective immediately.
Ms. Thorpe is a seasoned entrepreneur and business executive with a strong background in the Americans with Disabilities Act and Section 504 of the Rehabilitation Act of 1973. She is the founder (1998) and current President of Disability Access Consultants, Inc., a position she has held since inception of the company. Ms. Thorpe graduated Magna Cum Laude from the Colorado State University with a bachelor's degree in Science, Occupational Therapy and Summa Cum Laude from the University of South Florida with a master's degree in Administration and Supervision, Educational Leadership.
Additionally, Ms. Thorpe currently serves on the board of the California Division of the State Architect State Advisory Board, the California Division of the State Architect Access Compliance Advisory Committee and the California Division of State Architect Education and Training Committee. Ms. Thorpe is currently appointed by the Office of the Independent Monitor regarding Chandra Smith vs. Los Angeles Unified School District Modified Consent Decree and appointed as a neutral monitor regarding implementation of a consent decree for a public school district in the California Bay Area. In addition, she currently assists a city government with an Americans Disabilities Act implementation plan.
Since 1997 to present, Mr. Flaherty has served as a consultant and has provided domestic and international consulting services to various small and large, publicly traded and privately held service and gaming companies. During this time, he served as a consultant and later as COO to Barrick Gaming, Inc., a Las Vegas based company from early 2002 though the end of 2005, after which he returned full time to his consulting services.
From 1987 to mid 1996 he held various financial and marketing executive positions with the Desert Inn Resort and Casino culminating as President and Managing Director of the facility under Sheraton's ownership of the property in Las Vegas. Prior to joining the Desert Inn Mr. Flaherty held various positions within Summa Corporation.
Additionally, Mr. Flaherty is active in the gaming community; he has served as a board member of the Nevada Resort Association as well as chair of both the Nevada Resort Association's Legislative Committee and Currency Reporting Regulations Committee. He was also a board member of Las Vegas Events, Inc. and is a University of Nevada Las Vegas graduate.
"Having the strong resume and expertise of both Barbara Thorpe and Phillip Flaherty to the Board should advance the Company's opportunities going forward," stated Peter Chin, CEO of PTS, Inc.
In a separate statement, the Board announced that, in a desire to be sensitive to the current economic crunch, the CEO's salary for PTS will be reduced by 50% to $90,000/yr. and the CEO's salary of DBYC will also be reduced by 50% to $30,000/yr., commencing January 1, 2009.
Finally, the Company wishes to report that its Form 10, mentioned in earlier press releases, is being finalized, and the Company's SEC attorney ([ http://www.apzlaw.com ]), along with the Company's auditor ([ http://www.keetoncpa.com/Service ]) are making final reviews of this document prior to submission to the SEC.
About PTS:
PTS's subsidiary, Glove Box Inc. ([ www.ptspi.com ]), owns the rights to patented, revolutionary Glove Box™, the only product that offers contamination reduction through automated glove dispensing. The Glove Box™ system is a free-standing dispenser of disposable latex gloves.
About Disability Access Consultants (DAC):
Disability Access Consultants conducts facility inspections, policy reviews and program analyses in addition to comprehensive continuums of other compliance services. Over 54 million people in the United States have a disability, a number equal to 20% of the population. The 1990 Americans with Disabilities Act requires all organizational entities, with 15+ employees, to provide equal access for individuals with disabilities. It's estimated that there are seven million sites at risk across the US. [ www.adaconsultants.com ].
Safe Harbor Statement:
Except for historical information contained herein, statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results to differ materially from forecasted results.