ATLANTA, Feb. 15, 2013 /PRNewswire/ -- Labor SMART,
Inc. (OTCQB: LTNC) an emerging provider of on-demand temporary
staffing, today announced January
2013 revenue of $580,556, a
118% increase over the year ago comparable period revenue of
$267,080.
Ryan Schadel, Labor SMART's CEO,
stated, "I am pleased with the growth we have experienced since
inception. We saw very strong revenue growth last year as we began
to put our operations in full swing and I expect to hasten our
growth rate going forward with the talent we have been able to
attract to Labor SMART." Mr. Schadel continued, "There have been
some interesting developments in our industry in the last two weeks
and as we look at the competitive landscape I believe Labor SMART
is positioned extremely well to take advantage of these
developments. Over the next several months I anticipate continued
revenue growth over 2012 as well as additional industry talent
joining the Labor SMART team as we build out our branch
footprint."
The company also reported December
2012 revenue of approximately $556,000, a 590% increase over the year ago
comparable period revenue of approximately $94,300.
Labor SMART operated 2 branch locations in December 2011 and January
2012 and 6 branch locations in December 2012 and January
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.
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.