MANALAPAN, N.J., Oct. 16, 2006 (PRIMEZONE) -- 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 today its unaudited financial results for the year ended September 30, 2006.
Revenues for the year ended September 30, 2006 were $34,088,170 with net earnings of $269,203. Revenues for the month ended September 30, 2006 were $4,196,419 with $72,655 of net earnings.
Allan Hartley, President, commented, "It was a great first full year. We exceeded our internal projections for September. It has been exciting, the Company is maturing and the opportunities are endless. We really have a great team of people working here at AccountAbilities and are looking forward to the upcoming year."
About AccountAbilities, Inc.
AccountAbilities is engaged in the Professional Staffing Industry providing accounting through its Accounting/Finance Division, and IT, Engineering and Scientific 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.