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(OTCBB: STTN —Smart-Tek Solutions, Inc.)
Smart-Tek Signs $40 Million Contract With East Coast Broker
NEWPORT BEACH, Calif., July 20, 2010 — Smart-Tek Automated Services, Inc. (OTC Bulletin Board: STTN) has signed an agreement with an East Coast broker targeting $40 million in gross annual payroll by the year’s end. The broker has already placed $5 million of gross payroll Professional Employer Organization (PEO) business with Smart-Tek.
“This contract is part of Smart-Tek’s targeted strategy of overall growth of its broker sales network,” said Brian Bonar, president and CEO of Smart-Tek. “We have created some of the most professional PEO offerings and lucrative broker plans in the U.S. PEO market, and it is starting to pay off as evidenced by recent contract signings.”
The broker network represents a valuable revenue source in the estimated $68 billion U.S. PEO industry, according to the National Association of Professional Employer Organizations (NAPEO). Smart-Tek provides assistance to brokers in the areas of personalized presentations, including broker information, submission forms, comparison tools, detailed reports on commissions, detailed reports on variances between booked and actual remarketing processes, and more. “Since the broker is the initial client contact, the U.S. broker market is eager to find the kind of professional format and highest levels of integrity that Smart-Tek stands for,” said Bonar.
Please visit www.smart-tekservices.com for further information.
About Smart-Tek Solutions, Inc.:
The parent, Smart-Tek Solutions, Inc., generates revenue from the installation of security systems in construction projects. Its board is currently in negotiations to sell its original business and focus entirely on the PEO business of its wholly owned subsidiary, in order to achieve the best value for its shareholders. The original business generated $3.3 million and $3.8 million of revenue in 2009 and 2008 respectively, and $0 and ($3.1) loss of earnings in 2009 and 2008 respectively.
About Smart-Tek Automated Services, Inc.:
Smart-Tek Automated Services, Inc. provides financial services to small and medium-size businesses, relieving its clients from many of the day-to-day tasks that negatively impact their core business operations such as payroll processing, human resources support, workers’ compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing: staff leasing, temporary staffing and co-employment. It not only provides core services but a wide selection of employee and employer benefits and aftermarket products.
STTN: Has been in a nice steady trend last 5 trading days. STTN broke out over the psychological .50 level. STTN is up 8% on 1.79 Million shares traded in the morning session.
(OTC: SSWC— SpeechSwitch, Inc.)
Current News !!
SpeechSwitch, Inc. (USOTC: SSWC) GREENSMART(TM) Sales Rep Contract Completed; SEC Filings Update
FLEMINGTON, NJ, Jul 20, 2010 — Ken Glynn, President of SpeechSwitch, Inc. (PINKSHEETS: SSWC), announced today that the company has signed a sales representative consulting agreement with Vested Connect, LLC to continue its sales efforts on behalf of SpeechSwitch for our solar rechargeable products, including our cell phone, PDA and other electronic device rechargers, our solar backpack chargers, and our solar rechargeable flashlights/radios and lanterns. Vested Connect has direct relationships with sales contacts for Wal-Mart, Walmart.com, Target, Best Buy, Cabela’s and other major retailers. Efforts to market to boy scouts, girl scouts, campers, hikers and backpackers have also been initiated.
In other news, Ken reported that all of the SEC filings to bring the company current will be completed next week, except for the independent CPA audits required before the filings can be completed. These will be completed as quickly as the CPAs are able.
(OTC: KATX — KAT Exploration Inc.)
Current News !!
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the “Cabot” Copper/Gold Properties
MOUNT PEARL, NL, Jul 19, 2010 — KAT Exploration Inc. (PINKSHEETS: KATX) www.katexploration.com
KAT Exploration Inc. is pleased to announce that it has completed the signing of an option agreement with PNL Ventures Ltd, and Weyburn Investments Limited, for the Cabot properties, consisting of 138 claims in five separate licenses, located on the Baie Verte peninsula, Newfoundland.
KAT has agreed to acquire a 100 percent interest in the Cabot properties over a five-year period in consideration of total cash payments of $560,000, which includes a payment of $40,000 on signing and the remaining $520,000 over the remainder of the agreement. The agreement also includes a stock issuance of 3,000,000 shares, with 150,000 shares to be issued upon signing and the remaining 2,850,000 over the remainder of the agreement.
KAT also agrees to allocate minimum expenditure of $1.2 million over the five year term of the agreement and complete a National Instrument 43-101 on the Cabot properties.
If upon completion of a feasibility study of the Cabot Properties, KAT will pay a further four million shares, whereby it will then have earned 100% of the five licenses which make up the Cabot properties.
PNL Ventures Ltd, and Weyburn Investments Limited, will also retain a 2.5% NSR in which KAT Exploration has the right to purchase 1.5% of the 2.5% NSR for a total amount of $3.5 million.
Kat Exploration will be the operator of the project during the option period.
The Cabot properties are located on the Baie Verte Peninsula which is one of Newfoundland’s most historic and prolific mining districts. Down through the years the Baie Verte peninsula alone has be host to numerous Copper, Gold and Massive Sulfide deposits. The “Tilt Cove” mine, the “Rambler” mine and the “Bretts Cove” mine to name just a few were all massive sulfide deposits. The “Deer Cove” mine, the “Nugget Pond” mine and the still operating “Pine Cove” mine were/are gold deposits.
The “Cabot Property,” with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region.
The Cabot zone consists of a discrete, intensely chloritized and moderately sericitized zone hosting an estimated 10-25% stringer/stockwork sulfides. The zone is interpreted to represent a feeder stockwork pipe commonly associated with volcanogenic massive sulfide deposits. The Cabot Zone had been tested with several past drill holes averaging 0.39% Cu over 21.6 meters with internal intervals grading up to 0.90% Cu over 5.78 meters. The best grade intersections over an appreciable width encountered 1.90% Copper over 2.78 meters and 1.33% copper over 3.66 meters respectively.
One mineralized zone exposed on surface, varies between 25-30 meters wide and a strike length of 700 meters. A rough calculation has indicated 18 to 20 million tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately 1/2%. There are large areas of the properties unexplored with no drill testing that has the potential to increase the volume of ore significantly.
Ken Stead, President/CEO, states, “We have been in negotiations for the past several months in trying to acquire this property and very excited we’ve closed the deal. However, while we are excited about the Copper/Cobalt content, it’s the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain.”
Over the next day or so, a full write-up and photos of the Cabot properties will be uploaded to the KAT Exploration website for investor viewing.
(OTCBB: TADF — Tactical Air Defense Services, Inc.)
Marty Martin Joins Tactical Air Defense Services Board of Advisors
CARSON CITY, Nev., July 20, 2010 — Tactical Air Defense Services, Inc. (OTC Bulletin Board: TADF), an Aerospace/Defense Services contractor that offers air-combat training, aerial refueling, aircraft maintenance, disaster relief services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that Mr. Marty Martin has joined its Board of Advisors.
Over the course of a highly accomplished career with various U.S. Intelligence Services and the U.S. Government, Mr. Martin has developed invaluable insight, experience, and relationships within the U.S. and international intelligence services and with many foreign governments connected to TADF’s business expansion activities. Mr. Martin’s many professional accomplishments include but are not limited to:
Retired highly decorated Senior CIA field operations officer and Executive Manager.
Extensive counterterrorism experience at the operational and management levels both in domestic and overseas areas of operations requiring various levels of expertise and coordination at the senior executive and leadership levels with numerous foreign intelligence services and U.S. law enforcement agencies.
Over 29 years of U.S. Government service including U.S. Special Forces, the National Security Agency, and the CIA, over half of which as a member of the Senior Intelligence Service at the CIA.
Continues to advise key Middle East and senior foreign officials on a variety of business, security, and crisis management related matters.
Current Director of MMartin and Associates, a private corporation that provides leadership seminars and keynote addresses on current affairs and terrorism to a variety of business forums and university classes.
Fluent in several dialects of Arabic, and Italian; BA degree in International Relations from University of Maryland; frequent keynote speaker at several Agency executive leadership courses and mid-career training programs.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, “We are extremely pleased that Marty Martin has joined our Board of Advisors. We believe the breadth and depth of Mr. Martin’s relationships in the Middle East, and his vast knowledge of the international military and intelligence services, aligns perfectly with our post-acquisition overseas expansion strategy involving Tactical Air Support, Inc. (www.tacticalairsupport.com) “
Further information about TADS is available on our website: www.tads-usa.com.
(OTCBB: UVFT — UV Flu Technologies, Inc.)
UV Flu Technologies Announces European Market Penetration Opportunity for UV-400 Bacteria Killing Air Purifier
CENTERVILLE, MA, Jul 20, 2010 — UV Flu Technologies, Inc. (OTCBB: UVFT) (the “Company”) is pleased to announce the receipt of an initial sales order via a European distributor for immediate delivery of 50 ViraTech UV-400 air purifiers to Societe Nema Citizen of Paris, France.
Societe Nema Citizen (www.citizenfrance.com) is the largest distributor of Citizen Brand electronics in France, along with a growing inventory of health and medical-related products readily sold throughout much of Western Europe. The Company is well established and offers an aggressive strategy designed to introduce the UV-400 to an existing audience base utilizing regional relationships and proven market penetration practices.
“We expect this order to translate into dramatically larger shipments beginning in the 4th quarter,” stated Jack Lennon, President of UV Flu Technologies. “Our initial shipment is slated for use as demonstration units specifically targeting fifty catalog re-sellers. The distributor further supports these introductory efforts by providing a strong internet presence combined with a sizeable and knowledgeable sales force spread across the continent.
“The demographic makeup and densely populated urban environment of Europe complements the initial thrust of our marketing approach in a very profound manner. We have analyzed the marketplace and based on our findings we are determined to start by creating awareness within the aging populations where respiratory problems are a real issue. The ViraTech UV-400, which kills airborne bacteria, is a perfect fit for dramatically reducing the causes of many of these respiratory problems, and we aim to get the word out about our product as quickly and effectively as possible,” said Mr. Lennon.
Further details regarding the Company’s business, financial reports and agreements are filed as part of the Company’s continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database.
About UV Flu Technologies, Inc. (OTCBB: UVFT) UV Flu Technologies is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality (“IAQ”) industry sector. The Company manufactures the VIRATECH UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. The FDA has issued a coveted Class II medical listing that enables UV Flu Technologies to market the product as a medical device.
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