STTN Signs $40 Million Contract with East Coast Broker

NEWPORT BEACH, Calif., July 20 /PRNewswire-FirstCall/ -- 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.


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