Smart-tek Update On Audit


RENO, Nev., Oct. 29, 2007 (PRIME NEWSWIRE) -- Smart-tek Solutions, Inc. (OTCBB:STTKE) announced today that it is working diligently on the audit of its financial results for the year ended June 30, 2007.

"We are working hard with our independent registered public accountants to complete the audit of our financial statements for the most recent fiscal year end and file our 10KSB as soon as possible to bring our filings current," said Perry Law, President of Smart-tek Solutions. "During the audit process, we are continuing to move forward with our business plan and are working very diligently in both our security technology business as well as our RFID-based tracking and monitoring system."

About Smart-tek Solutions Inc.

Smart-tek Solutions Inc. is a technology holding company and Radio-frequency identification (RFID) software/hardware development company providing turnkey state of the art RFID systems design, consulting and installation. Smart-tek Communications Inc. is the Company's initial acquisition in this sector and is appropriately positioned to pursue additional acquisitions in order to restore and enhance shareholder value.

Smart-tek Communications ("SCI") is a market leader in providing integrated security, voice and data communication systems. Located in Richmond, British Columbia, SCI specializes in the design, sale, installation and service of the latest in security technology with proven electronic hardware and software products. SCI has positioned itself as a security systems leader in the Greater Vancouver area, supplying over 45% of new downtown core construction projects. Valued customers include major developers, general and electrical contractors, hospitals, Crown Corporations, law enforcement agencies and retail facilities. Projects range from high-end residential and commercial developments to system upgrades and monitoring contracts. SCI's continued growth and success is a direct result of providing a consistently superior product at competitive pricing to both new and existing clients. SCI's stellar client retention is in itself a testimonial to the overall excellence of the product designed and installed.

More information on Smart-tek Solutions' RFID systems can be found at www.smart-teksolutions.com.

More information on Smart-tek Solutions can be found at www.smart-teksolutions.com.

Notice Regarding Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding the Company's business which are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Readers are directed to the Smart-tek Solutions reports as filed with the U.S. Securities and Exchange Commission from time to time, including but not limited to its most recent annual report on Form 10-KSB for the year ended June 30, 2006 and quarterly report on Form 10-QSB the quarter ended March 31, 2007 for further information and factors that may affect Smart-tek Solutions business and results of operations. Smart-tek Solutions Inc. undertakes no obligations to publicly update any forward-looking statements to reflect future events or circumstances.


            

Contact Data