MANALAPAN, N.J., March 17, 2006 (PRIMEZONE) -- AccountAbilities, Inc. (Pink Sheets:ACTB) learned today that a lawsuit was filed by Implicit Staffing Solutions, L.P. of Dallas, Texas.
AccountAbilities, Inc. has not been served with a copy of any action from Implicit Staffing Solutions, L.P. and was not aware of any potential claim or threat of a claim. AccountAbilities, Inc. believes that it has no liability to Implicit Staffing Solutions, L.P. or any other entity for any business it has developed or acquired.
AccountAbilities, Inc. intends to vigorously defend any action brought against it or its Executive(s), and believes that the action alleged to have been filed by Implicit Staffing Solutions, L.P. is without merit, frivolous and baseless. AccountAbilities, Inc. will assert all counterclaims that it deems appropriate in defending against the blatant attempt to cause it harm.
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," and "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.