PTS, Inc. (OTCBB:PTSH) released that through its ThinLine division it has signed a 3 year IT Services deal with United Power. United Power is acknowledged experts on the resale of products especially suited for medium voltage power distribution, in addition to providing a wide portfolio of products for other aspect of the electrical utility business.
�They were looking for a one stop shop that would be able to handle their IT, disaster recovery and hardware needs without making more than one phone call. ThinLine�s managed IT solution was designed for this task. We look forward to working with the team at United Power and I am always excited to add a quality client to our growing portfolio of managed It customers,� added Raj Kalra.
United Power has been serving electrical utility Customers within Georgia continuously since 1976. They have developed a reputation for customer sensitivity, fair dealing and exceptional quality during this time. United Power required an IT solution that would allow them to contact one source for all of their IT needs.
�United Power is a well-established and quality company that has been a leader in their field for decades� stated Raj Kalra CEO of PTS, Inc.
Eline Entertainment Group, Inc. (PINK:EEGI) and the company�s subsidiary Let The Good Times Roll has successfully merged with Midnight Express. This is a second expansion merger for Let The Good Times Roll. Let The Good Times Roll�s subsidiary Midnight Express is a Florida based luxury transportation company specializing in tours of the Tampa Bay area. Midnight Express was previously geared towards tours in the party bus atmosphere, which makes for a great synergistic merger with Let The Good Times Roll as the company expands both its business model and territory. This acquisition has the potential to add significant increases in annual revenue to the company, but the real value in this merger lies in the select agreements and joint ventures with local businesses.
Let The Good Times Roll employs an organic expansion and acquisition strategy to increase revenue streams and expand into the market immediately. Besides organic expansion, Let The Good Times Roll continues to seek mergers, acquisitions, and participation in various joint ventures. Let The Good Times Roll seeks to achieve aggressive business growth with several mergers in the near future.
School Specialty (Nasdaq:SCHS) reported fiscal 2011 second quarter and year-to-date financial results. Revenue for the second quarter of fiscal 2011 was $291.9 million as compared to $346.1 million in the same period last year, a decline of 15.7 percent.
School Specialty, Inc., an education company, provides supplemental educational products and equipment for the pre-kindergarten to twelfth grade market in the United States and Canada.
Dorman Products, Inc. (NASDAQ:DORM) has launched a mobile version of its website as part of its continuing efforts to make ‘Formerly Dealer Only’ parts more accessible to Professional Technicians and vehicle owners. The website features part look-up that allows users to easily search for Dorman parts on the latest mobile electronics.
Dorman Products, Inc. supplies original equipment dealer automotive replacement parts, and fasteners and service line products primarily for the automotive aftermarket.
Athens Bancshares Corporation (Nasdaq:AFCB) announced that the Company has authorized the funding of a trust that will purchase up to 111,090 shares of the Company’s outstanding common stock.
Athens Bancshares Corporation operates as the holding company for Athens Federal Community Bank that provides financial services to individuals and corporate customers in Tennessee.