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PTSH, JJSF - Taking The Next Step In Company Evolution

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PTS, Inc. (OTCPK:PTSH) recently disclosed 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. 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.

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"United Power is a well-established and quality company that has been a leader in their field for decades" stated Raj Kalra CEO of PTSH. "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.

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J & J Snack Foods Corp. (NASDAQ:JJSF) recently reported record sales and earnings for its 2010 fiscal year. Sales for the fiscal year ended September 25, 2010 increased 7% to $696.7 million from $653.0 million in the fiscal year ended September 26, 2009. Net earnings increased 17% to $48.4 million in fiscal 2010 from $41.3 million in fiscal 2009. On a per diluted share basis, earnings increased 17% to $2.59 from $2.21. Operating income increased 15% to $77.2 million this year from $66.9 million in the year ago period.

For the fourth quarter ended September 25, 2010, sales increased 10% to $200.5 million from $182.8 million in the fourth quarter ended September 26, 2009. Net earnings increased 11% to $16.5 million in the current year quarter from $14.8 million. Earnings per diluted share were $.88 this year compared to $.79 last year. Operating income increased 4% to $24.8 million from $23.8 million in the year ago period.

J & J Snack Foods Corp.’s principal products include SUPERPRETZEL, PRETZEL FILLERS and other soft pretzels, ICEE, SLUSH PUPPIE and ARCTIC BLAST frozen beverages, LUIGI’S, MAMA TISH’S, SHAPE UPS, MINUTE MAID* and BARQ’S** frozen juice bars and ices, WHOLE FRUIT sorbet, FRUIT-A-FREEZE frozen fruit bars, MARY B’S biscuits and dumplings, DADDY RAY’S fig and fruit bars, TIO PEPE’S and CALIFORNIA CHURROS churros, THE FUNNEL CAKE FACTORY funnel cakes, and MRS. GOODCOOKIE, CAMDEN CREEK, COUNTRY HOME and READI-BAKE cookies. J & J Snack Foods has manufacturing facilities in Pennsauken, Bridgeport and Bellmawr, New Jersey; Scranton, Hatfield and Chambersburg, Pennsylvania; Carrollton, Texas; Atlanta, Georgia; Moscow Mills, Missouri; Pensacola, Florida and Vernon and Norwalk, California.

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