Labor Smart, Inc is an emerging provider of on-demand temporary labor solutions to small and medium sized businesses, with branch locations in the Southeast US.
Company's Expansion Increases To Nine Branches In Six States
HIRAM, Ga., April 4, 2013 /PRNewswire via COMTEX/ -- Labor SMART, Inc. (OTCQB: LTNC) (the "Company") an emerging provider of on-demand temporary staffing, today announced it has successfully expanded into the state of Missouri with the opening of a new branch in Kansas City.
This new location brings the company's total branch count to nine, operating in six states. The Company is also pleased to report that the branch, under the leadership of Brian Middleton, has already secured its first order and expects to show immediate revenue stream.
Ryan Schadel, Labor SMART's CEO, stated, "This is a very exciting time for us at Labor SMART. We are experiencing strong revenue growth and our expansion plan for 2013 is on pace for 18 total branches. I look forward to seeing additional locations added to our footprint in additional states over the coming months which will hasten our revenue growth even further."
The Company also confirmed it expects to file its 10-K for 2012 on or before April 15, 2013.
About Labor SMART, Inc.
Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. Our clients range from small businesses to fortune 100 companies. Labor SMART was founded to provide a reliable, dependable, and flexible resource for on-demand personnel to small and large businesses. Every day we provide manpower for jobs in construction, manufacturing, hospitality, events, restoration, warehousing, retail, disaster relief and more. As one of the fastest growing temporary labor providers, our goal is to become a nationwide resource and partner for our clients. We take pride in the belief that we can make a positive impact each and every day for the benefit of both our client and our temporary employees. Our mission is to be the provider of choice to our growing community of customers, with a service focused approach, that positions us as a resource and partner for their business.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with the Securities and Exchange Commission.
Public Relations and Shareholder Information
Joseph M. Vazquez Phone: (678) 279-5810 Email: shareholderrelations@laborsmart.com
SOURCE Labor SMART, Inc.
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KEYWORD: Missouri
Georgia
INDUSTRY KEYWORD: OTC
WRK
SUBJECT CODE: PDT
CXP
