Contact Information: Contact: AccountAbilities, Inc. Stephen DelVecchia Chief Financial Officer 732-333-3622 www.aabilities.com
AccountAbilities, Inc. Common Stock Cleared for Listing on the OTC Bulletin Board
| Source: Accountabilities
MANALAPAN, NJ--(Marketwire - June 12, 2008) - AccountAbilities, Inc. (OTCBB : ACBT ), a
provider of financial consulting and staffing services, as well as
management consulting services to CPA and other professional firms,
announced today that the Financial Industry Regulatory Authority has
cleared the request of Spencer Edwards, Inc. to list the Company's common
stock on the Over-the-Counter Bulletin Board (OTC BB) market.
"Achieving our goal of becoming an OTC Bulletin Board listed company
represents a major milestone in our continuous effort toward creating value
for our shareholders," said Stephen DelVecchia, Chief Financial Officer.
"Having our shares listed on the OTC BB provides to our shareholders the
opportunity for increased liquidity and more accurate valuation not
previously feasible while our shares were listed on the Pink Sheets. This
was a long journey requiring tremendous effort and we are thankful to our
shareholders for their support and patience."
Chief Executive Officer of AccountAbilities, Inc., Jeffrey J. Raymond,
stated: "This is a tremendous step forward in our growth plan, and is one
of a number of significant steps taken recently to increase our focus, and
continue our growth as a leading provider of niche finance and accounting
consulting and staffing services. Along with our recent restructuring of
senior management and directors, opening of key consulting and staffing
offices in key markets, and signing of leading CPA firms to our Partner on
Premise Network, becoming an OTC BB listed company is yet another indicator
of our commitment to execution and creation of value for our shareholders."
About AccountAbilities, Inc.
AccountAbilities is engaged in the provision of accounting and finance
consulting, staffing and recruiting services both through its CPA Network
Resources brand and through co-branded offerings with some of the largest
regional public accounting firms in the United States. In addition,
AccountAbilities provides productivity based commercial, scientific and IT
staffing solutions across a variety of industries. To learn more, visit
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 identifying
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.