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SK3 Signs Definitive Acquisition Agreement to Acquire Medical Billing Specialist, Inc. for $4,100,000



MIAMI, FLORIDA -- (MARKET WIRE) -- 12/08/09 -- SK3 Group, Inc. (PINK SHEETS: SKTO) has signed a definitive acquisition agreement to acquire Medical Billing Specialist, Inc. from Healthcare of Today, Inc. (www.healthcareoftoday.com) in a transaction valued at $4,100,000.

Medical Billing Specialist, Inc. (www.medbillspec.com) is a comprehensive billing service provider that offers medical offices and other healthcare businesses with billing, reporting, and consulting services. The company has specialized experience in billing services for hospice, home health agencies, and more. Founded by executives with experience running healthcare businesses, the company brings unique insight into the billing needs of busy offices. Medical Billing Specialist, Inc. offers on-location or offsite services, as required by the practice.

SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.

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MIAMI, FLORIDA--(Marketwire - 12/10/09) - SK3 Group, Inc. (PINK SHEETS:SKTO - News) has signed a definitive acquisition agreement to acquire Angels of the Valley Hospice Care, LLC from Healthcare of Today, Inc. (www.healthcareoftoday.com) in a transaction valued at $3,850,000.

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{"s" : "skto.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Angels of the Valley, based in Los Angeles, CA, provides hospice and palliative care to the terminally ill. The company's current locations in the Southern California area provide each patient with a personalized care team, including medical personnel, social workers, and other professionals, as suited to the patient's condition. For more information visit www.angelsofthevalley.com.

SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base