MANALAPAN, N.J., Dec. 19, 2005 (PRIMEZONE) -- AccountAbilities, Inc. (Pink Sheets:ACTB) announced today that it has acquired certain assets from Stratus Services Group, Inc. AccountAbilities' purchase covered the three staffing offices in Culver City, California, Lawndale, California and Orange, California
This acquisition of certain assets of Stratus builds upon and strengthens AccountAbilities presence in the staffing field. The trailing 12 months for these offices was over $20,000,000.
Commenting on the acquisition, Allan Hartley, President stated, "This acquisition puts us on the radar as one of the up and coming staffing organizations. I am truly pleased with our progress and our growth is exceeding our plans."
AccountAbilities is a publicly traded Company listed on the Pink Sheets under the Symbol "ACTB". The Company is engaged in the professional staffing industry, providing Accounting, Finance, Engineering and Work Force Solutions.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words "intend," "expect," "should," "project," "anticipate" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date they were made.