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SOURCE Labor SMART, Inc.
Company Expects Continued Revenue Growth with Expansion
ATLANTA, Feb. 19, 2013 /PRNewswire/ -- Labor SMART, Inc. (OTCQB: LTNC) an emerging provider of on-demand temporary staffing, today announced that the company achieved Year-to-Date revenue of $1.15 million as of February 15, 2013.
Ryan Schadel, Labor SMART's CEO, stated, "This is an important milestone for Labor SMART in our second full year of operation. In 2012, it was not until late March that we achieved $1 million in year-to-date revenue. Additionally, we had revenue last week in excess of $200,000. This is a milestone in itself given that the winter months are traditionally a slow period in our industry." Mr. Schadel continued, "We now have our sights set on reaching the goal of $250,000 in weekly revenue which I believe we will achieve easily as the 2013 expansion takes shape and our established branches continue to add new customers."
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:
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.
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