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Disability Access Corporation Files Form 10 Registration Statement With S.E.C.

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  Published in Stocks and Investing on Monday, December 29th 2008 at 6:32 GMT, Last Modified on 2008-12-29 06:32:42 by Market Wire
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LAS VEGAS--([ BUSINESS WIRE ])--The Board of Directors of Disability Access Corporation (Pink Sheets: DBYC), a subsidiary of PTS, Inc. (OTCBB: PTSH), reported today that on December 24, 2008, Disability Access Corporation's Form 10 registration statement was submitted and accepted by the U.S. Securities and Exchange Commission. This filing is the main requirement for the Company becoming an issuer on the NASDAQ OTC exchange.

"The process of compiling such a comprehensive document was time consuming and expensive," stated Peter Chin, CEO of PTS, Inc. "We thank our auditors and legal counsel for their diligence to complete the Form 10 registration statement, and would anticipate that sometime in the new year, Disability Access Corporation could advance to the Over-the-Counter Bulletin Board as a fully reporting issuer." The Company has no control over the review and comment process, nor can it estimate how long this may take. The Company will, however, put a link on its website's home page so shareholders can view a status of the process. Chin concluded with, "We thank all our shareholders for their patience, and wish them a prosperous and happy New Year!"

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, Inc. 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.