Labor SMART, Inc. Reports Year To Date Revenues In Excess Of $6.75
Million
ATLANTA, Dec. 17, 2012 /PRNewswire/ -- Labor SMART,
Inc. (OTCQB: LTNC) is pleased to announce that Year to Date
revenues have exceeded $6.75 million
as of the second week of December
2012.
Ryan Schadel, Labor SMART's CEO,
commented on the milestone, "When we commenced operations in
November 2011, our management team
set the goal of generating $7 million
in revenues in our first full year of operations." Mr. Schadel
continued, "At the time, this was a lofty goal to say the least,
yet here we are one year later with our projection well within in
our sights. As of this last week, we are a mere $250,000 away from achieving this goal. With 2
weeks left in the year, I am exceptionally confident that Labor
SMART will exceed $7 million in
revenues in our first full year of operations."
Labor SMART has shown consistent exponential growth in 2012
despite the headwinds of a lackluster economic environment. Since
their initial startup with one branch, the Company has successfully
grown to six branch locations spanning over four states in less
than one year, while also becoming a publicly traded company. Goals
for 2013 include additional branch openings, expansion into several
more states, continued revenue growth, and an up-listing to a
national exchange.
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.
For more information about Labor SMART go to their website:
http://www.laborsmart.com/investors/
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 Vazquez
754-204-4549 or
Email: shareholderrelations@laborsmart.com
SOURCE Labor SMART, Inc.