MANALAPAN, N.J., Sept. 20, 2006 (PRIMEZONE) -- AccountAbilities, Inc. (Pink Sheets:ACBT) an established provider of financial personnel staffing services, professional marketing services and management consulting services to CPA and other professional firms announced today that it has formed a strategic alliance with NDS InfoServ based in Mumbai, India.
NDS InfoServ is a fast growing, global BPO and IT services company with a track record of making outsourcing work. NDS' back office services span a diverse range of functions and verticals, some of which include: Accounts Payable, Healthcare Claims Processing, Mortgage Post Close Audit, Insurance Collateral Protection, Subscription Management, Donation Management, Response Management, Information Database Creation, Benefits Administration, Payroll Processing, Business Intelligence & Analytics and Software Development Services.
Allan Hartley, President of Accountabilities stated, "This strategic alliance will help AccountAbilities in being more efficient in providing our clients with a source of recruiting help in the high demand areas of Accounting/Finance and other professional skill sets. This will also provide our clients to enter into the BPO arena, which will help them to be more efficient in controlling costs. This strategic alliance is another example of how AccountAbilities is working with clients on another level beyond staffing and becoming a true service company in the financial staffing sector."
RK Gupta, CEO of NDS InfoServ states, "This strategic alliance with AccountAbilities will allow smaller to mid-sized corporations to take advantage of outsourcing similar to what larger corporations have been doing for years. With AccountAbilities expertise and credibility in the financial/accounting industry, it will be able to provide outsourcing opportunities to its clients and CPA partners."
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 internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. 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.