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PTS, Inc Completes Transaction to Acquire Matcjedje Motors, Limited

LOS ANGELES--(BUSINESS WIRE)--PTS, Inc. (the "Company") (OTC Pink: PTSH) announced today that it has completed an agreement with Matchedje Motors, Limited of the Provincia do Maputo, Africa to acquire it as a subsidiary of PTS, Inc and supply an initial investment of US$1,000,000 to Matchedje Motors through a loan agreement and promissory note. "This agreement gives us an initial investment in a growing market place with a lot of potential," stated Lowell Holden, President and CEO of PTS. "We feel it is the beginning of a long term relationship in a rapid growing market space.”

“We feel it is the beginning of a long term relationship in a rapid growing market space.”

About PTS: PTS, Inc. is a company which recently divested its former operations and is seeking to invest in projects that can be identified as growing sectors of the worldwide economy. The administrative office is in Los Angeles, CA.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements generally can be identified by phrases such as PTS, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report for the most recent fiscal year.

Contact Information
PTS, Inc. Lowell Holden, CEO
612-961-5656
Ltholden@comcast.net

Contacts

PTS, Inc.
Lowell Holden, 612-961-5656
CEO
Ltholden@comcast.net