HIRAM, Ga., April 25, 2013 /PRNewswire/ -- 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 Indiana with the opening of its latest branch, located in Indianapolis.
Since the beginning of 2013, in four short months, the Company has been successful in expanding into 3 additional states with 4 additional branches. This latest location brings the company's total branch count to 10 with operations in 7 states. Additionally, the Company expects to open a new branch location in Kentucky in the coming weeks.
The Company is also pleased to report that they have recently leased additional space adjacent to their corporate office. This will now double the size of the corporate facility, allowing for the immediate expansion needed to house additional support staff and equipment.
Ryan Schadel, Labor SMART's CEO, stated, "We started 2013 on a very fast pace and have continued to show exponential growth month after month. Labor Smart may very well see a stronger month in April than March 2013, our previous best month to date. This would be especially significant considering that we had five weeks of billing in March." He also stated, "While I am pleased with the triple digit revenue growth we have shown so far this year, I am especially confident that revenue growth will hasten even more once we begin firing on all cylinders. We expect to do more."
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.
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: [email protected]
SOURCE Labor SMART, Inc.