MANALAPAN, N.J., Dec. 22, 2006 (PRIME NEWSWIRE) -- AccountAbilities, Inc. (Pink Sheets:ACBT), a provider of financial personnel staffing services, professional marketing services and management consulting services to CPA and other professional firms, reported that its Technical Service Group, which provides IT, engineering and other skilled staffing services to the bio-technology, pharmaceutical, energy, government, technology and apparel industries will report record revenues during the 4th quarter.
Allan Hartley, President of AccountAbilities, commented that, "This is due to growth in our Engineering business, specifically the nuclear/utility energy sector. AccountAbilities provides engineering and other skilled staff to some of the nation's largest energy producers. While increased energy demand has encouraged growth, and deregulations has solidified the need to be competitive in the marketplace, the fact is that finding the right people to do the job remains a key consideration. Whether you're looking for energy jobs, or have energy jobs to fill, AccountAbilities recruiters understand the intricacies of the energy and utilities industry. We can match highly skilled, qualified people with a wide variety of positions in today's power industry."
In addition, AccountAbilities' Pharmaceutical & Biotechnology group has seen growth with established clients and staffing opportunities from new business client acquisition. The Pharmaceutical & Biotechnology industry is experiencing merger and reorganization effects and demand for contingent labor increases during these times. We anticipate this growth to continue throughout 2007. We have built a strong infrastructure to efficiently manage any level of growth.
About AccountAbilities, Inc.
AccountAbilities is engaged in the Professional Staffing Industry providing accounting through its Accounting/Finance Division, and IT, engineering and scientific personnel through its Technical Services Division. Accountabilities, through its Partner on Premise Program, provides accounting (CPA) firms and professional firms and companies the opportunity to partner in AccountAbilities staffing network. The Company also offers productivity based staffing solutions through its Workforce Solutions Program. http://www.aabilities.com.
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 professional staffing services, regulatory and technological changes, changes in levels of unemployment and other economic factors, increased competition, the ability to attract and retain customers, the availability of qualified candidates for placement by the Company and the possibility of the Company incurring liability for activities of the employees and contractors that it places with its customers. 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.