Shareholder Updates

 

Disability Access Corporation issues message regarding its wholly own subsidiary Disability Access Consultants Inc.


LAS VEGAS – December 8, 2008 – In light of the recent world wide economic conditions and market volatility, the Board of Directors of Disability Access Corporation (OTCPK:DBYC), a subsidiary of PTS, Inc. (OTCBB:PTSH), is taking this opportunity to bring all of our shareholders up to date as to the activities of the company. Though most US businesses have suffered significant downturns, DBYC continues to grow and expand its core business. As of the date of this press release, DBYC’s revenues and net income continue to show growth over the prior year and are expected to show continued growth through the rest of the year. So while so many other businesses are suffering double-digit contraction in their respective businesses, DBYC continues to grow and expand its business. It should also be noted that DBYC’s current assets (cash and accounts receivable) are significantly greater than the existing market capitalization of the company, so while we find this to be an irrational open market position, DBYC continues to focus on business expansion, product development, and debt reduction with the expectation that the market place will eventually catch up as it will be growing harder to find business that are expanding and growing in today’s economic environment.


The following will address some frequently asked questions from shareholders with regards to the activities of Disability Access Corporation (the “Company”):


FAQ 1: Why does the Company not regularly disclose the names of the Company’s public agencies it is providing services to?


Most of the time there are confidentiality clauses in our service agreements that limit our ability to disclose the names and detailed nature of the scope of the work we are providing for our clients. Often times our clients are either in litigation, under threat of litigation, or are under some other form of pressure, which has compelled them to seek out our services in the first place, and as such our clients (including the various public entities) insist on their privacy. In keeping with honoring our agreements and protecting our clients' anonymity, we make it a practice to not disclose such details.


FAQ 2: Why does the company not buy back stock on the open market?


The Company continues to focus on business expansion and believes that the shareholders are better served by the Company continuing to focus the use of its resources on continuing its product development as well as growing our traditional inspection services. The Company feels that the future economic opportunities for the Company are still in the early growth stage and, as such, feel that the use of its liquidity is better served by growing the business and the balance sheet of the Company. This said, the Company does not rule out the option of periodically buying its stock back out of the open market since we are still listed in the Grey market for now it is harder to purchase stock but if there are shares available, the Company will consider such purchases for strategic and compensatory purposes, but the main goal is still to focus on growth and development.


FAQ 3: Why are the Company share prices so low?


Frankly we believe our share price is irrationally low and as it is a penny stock it does not receive the attention it warrants in light of its growing strength. Though our shares are low priced and are currently traded on the “Grey Market”, the Company is taking efforts to move (DBYC.PK) to the “Bulletin Board”(OTCBB) the Company had engaged the law firm Applbaum & Zouvas LLP for this process, according to our attorneys, the entire process will take anywhere from three to six months after the filing of its Form 10 Registration statement with the Securities Exchange Commission. After the Form 10 Registration Statement becomes effective, the Company expects to file its periodic quarterly and year-end financial statements in the required time frames to maintain fully reporting status. The Form 10 is an extremely important step in the Company's efforts to significantly upgrade its status in the public markets, increase market liquidity and broaden the potential investor base.


FAQ 4: Is the company going to get any large governmental or commercial contracts soon?


While the company is a candidate to receive several new agreements, until these contracts are awarded nothing should be treated or regarded as certain until the final agreements are awarded and in keeping with our policy of protecting our clients privacy, we will only announce those agreements that are materially large and then only to the extent that confidentially permits.


FAQ 5: What are the Company prospects for 2009?


Though the global economy is continuing to suffer it is our belief that our core business and our new product development will continue to show growth. Americans with Disabilities Act (“ADA”) litigation is on the rise and does not show signs of slowing, and it is expected that continued financial aid from the government will carry various requirements such as compliance with ADA laws. So while there is economic pressure on the world economy, we do not currently forecast any decrease in our business activity in 2009, but are expecting continued expansion.


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.
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 to differ materially from forecasted results.

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