Adds Skilled Trades Staffing to Leverage Existing Relationships
With Clients
Atlanta, GA - January 20, 2015 - InvestorsHub NewsWire
- Labor SMART, Inc. (OTCBB: LTNC) (the "Company"), a leader
in providing on-demand blue collar staffing primarily in the
southeastern United States, is pleased to announce its launch of a
new business unit, Skill Corps, Inc., to provide skilled trades
staffing, such as mechanical, renewable energies, and construction
tradesmen.
Skill Corps, Inc. will still focus on blue-collar workers and
will leverage existing relationships with Labor SMART's large
client base. The Company believes it has several existing clients
that will utilize the new unit for high quality skilled
tradespeople. It will utilize a centralized business model, being
run and managed at the company's corporate facility. The new
business unit will leverage the company's current infrastructure
and technology, as to not add any meaningful SG&A costs to
launch and ramp. Labor SMART's infrastructure and technology will
allow Skill Corps to mobilize large crews for its clients on short
notice, staying true to its on-demand business model.
Ryan Schadel, Chairman and Chief Executive Officer of Labor
SMART, stated, "We are very excited about the incremental revenue
growth Skill Corps, Inc. will add to our existing business. We
believe this unit will scale very nicely with our current client
base and is scalable on a national level in a very short period of
time. Once a successful launch has been completed in the southeast,
it is our intention to grow Skill Corps to a nationwide presence
via an online platform that we will present to our stakeholders in
the near future."
About Labor SMART, Inc.
Labor SMART, Inc. provides On-Demand temporary labor to a variety
of industries. The Company's clients range from small businesses to
Fortune 100 companies. Labor SMART was founded to provide reliable,
dependable and flexible resources for on-demand personnel to small
and large businesses in areas that include construction,
manufacturing, hospitality, event-staffing, restoration,
warehousing, retailing, disaster relief and cleanup, demolition and
landscaping. Labor SMART believes it can make a positive
contribution each and every day for the benefit of its clients and
temporary employees. The Company's mission is to be the provider of
choice to its growing portfolio of customers with a service-focused
approach that enables Labor SMART to be seen as a resource and
partner to its clients.
Safe Harbor Statement
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 U.S. Securities
and Exchange Commission.
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CONTACT INFORMATION
Contacts:
Hayden IR
917-658-7878
hart@haydenir.com