Grass Roots Research and Distribution, Inc. Issues a Positive Analysis and Summary of STTN With a Target $1.26 Target Price

NEWPORT BEACH, Calif., March 8  /PRNewswire-FirstCall/ -- Smart-Tek Solutions, Inc.  (BULLETIN BOARD: STTN)  is pleased to announce that Grass Roots Research and Distribution, Inc. (Grass Roots) has issued a positive analysis summary of the company with a long-term target price of $1.26.  The current market price is $0.50.
Grass Roots has been compensated by STTN for the analysis of the report; for the full report and more information including complete compensation disclosure please visit Grassroots website http://www.grassrootsrd.com/ and access the icon for STTN. The report is also available on STTN's subsidiary Smart-Tek Automated Services, Inc.'s website: http://www.smart-tekservices.com/.
The Grass Roots report states its growth estimates assume that STTN will successfully raise approximately $2 million in funds in fiscal 2010. "Based on an average of these methods, STTN common stock is valued at $1.26 per share, 151.7% higher than current market price of $0.50."
About Smart-Tek Solutions, Inc.:
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 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 our 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.
Safe Harbor:
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones and marketing arrangements and plans..  Estimated revenues from its Smart-Tek Solutions, Inc. subsidiary are somewhat subjective and based on information available to the Company at the time of the determination.  Also, such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the continued growth of business as planned including the fruition of new agreements in hand, existing business staying intact, and our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and potential international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K for the year ended , and its subsequent filings with the SEC.
Disclaimer: Earnings Estimates are calculated by Grass Roots based on the earnings projections made by the analyst who covers Smart-Tek Solutions, Inc.. Please note that any opinions, estimates or forecasts regarding  Smart-Tek Solutions, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Smart-Tek Solutions, Inc. or its management. Smart-Tek Solutions, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. 
DATASOURCE: Smart-Tek Solutions, Inc.
CONTACT:  Brian Bonar of Smart-Tek Solutions, Inc., [phone],[e-mail]
Web Site:  http://www.smart-tekservices.com/http://www.grassrootsrd.com/

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