LAS VEGAS, Oct. 27 Disability Access Corporation (Pink Sheets: DBYC), a subsidiary of PTS, Inc. (OTC Bulletin Board: PTSH ), announced today that Disability Access Consultants, Inc.(DAC), a wholly owned subsidiary of Disability Access Corporation reporting on a separate company basis, that as of September 30, 2009 third quarter unaudited revenues were approximately $441,000. This compares with third quarter 2008, posted revenues of $325,000 representing an increase of approximately 36%. Reporting further, as of September 30, 2009 third quarter net income was approximately $101,000. This compares with third quarter 2008 net loss of $32,000 representing an increase of approximately 415%.
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DAC continues to enjoy expanding attention for its inspection services and potentials for software licensing agreements. To that end as previously announced the company continues to negotiate certain large regional and national contracts which on successful signing the company will accordingly report.
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About Disability Access Consultants, Inc. (DAC)
Disability Access Consultants, Inc., (DAC) a wholly owned subsidiary of Disability Access Corporation (Pink Sheets: DBYC) conducts facility inspections, policy reviews and program analyses in addition to a comprehensive continuum of other compliance services. Over 54 million people in the US have a disability, a number equal to 20% of the population. The Americans with Disabilities Act of 1990 requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities. It's estimated that there are more than seven million sites at risk across the United States. Please visit: www.adaconsultants.com.
Safe Harbor Statement:
Except for historical information contained herein, the 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 in the future periods to differ materially from forecasted results.
SOURCE Disability Access Corporation
