Staffing 360's Management to Conduct One-on-One Meetings With Investors and Discuss the Company's M&A Initiatives and Growth Strategy
NEW YORK, NY--(Marketwired - April 28, 2016) - Staffing 360 Solutions, Inc. (NASDAQ: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations in the US and the UK, today announced it will be presenting at the Joseph Gunnar & Co. PIONEERS 2016 Conference on Thursday, May 5, 2016 at the New York Palace Hotel in New York City.
David Faiman, Staffing 360 Solutions' Chief Financial Officer, and Darren Minton, Executive Vice President, will be presenting and providing an update on the Company's growth strategy from 2:00 pm -- 2:30 pm Eastern Time.
"We are pleased to be presenting at Joseph Gunnar's invitation-only event in New York," said Mr. Faiman. "Staffing 360 Solutions just reported yet another period of record revenue and operating cash flow in our third fiscal quarter. Geared toward high-growth companies, this conference is a perfect venue to tell our story, as we've expanded from zero to $170 million in annualized revenue in less than 36 months -- quite an achievement in a short period of time."
"As we continue to push toward our stated aim of $300 million in revenue, we are making a concerted effort to share our recent developments," stated Mr. Minton. "Since uplisting to NASDAQ, we have just begun to scratch the surface of our potential in the capital markets. At this stage, we are working to increase our awareness through as many channels as possible, including participating in multiple investor conferences in the coming weeks and months as we introduce our growth strategy to a much wider audience of institutions and high-net worth investors."
Staffing 360's management will be available for one-on-one meetings throughout the conference. Investors who are interested in a meeting with Staffing 360 Solutions are encouraged to do so by contacting their Joseph Gunnar & Co. representative or by emailing: firstname.lastname@example.org, or through Staffing 360 Solutions directly at: email@example.com or 212-634-6413.
To listen to a live webcast of Staffing 360's presentation on May 5, 2016, as well as an archived webcast after the event, please visit the Company's website, www.staffing360solutions.com under the "Investors" section.
For more details about the Joseph Gunnar & Co. PIONEERS 2016 Conference and to register for the event, please visit: www.josephgunnar.com/pioneer-2016/.
About Joseph Gunnar & Co., LLC
Joseph Gunnar is a full service broker-dealer dedicated to assisting investors achieve their financial goals by providing a full array of investment products and vehicles to private and corporate clients. The firm prides itself on delivering a personalized service not often available at many "bulge bracket" firms. More information is available at: www.josephgunnar.com.
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (NASDAQ: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space. For more information, please visit: www.staffing360solutions.com.
Certain matters discussed within this press release are forward-looking statements including, but not limited to the timing and ability to enter into any additional acquisitions, as well as the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Specifically, in order for the Company to achieve annualized revenues of $300 million, the Company will need to successfully raise sufficient capital, to consummate additional target acquisitions, successfully integrate any newly acquired companies, organically grow its business, successfully defend current and any potential future litigation, as well as various additional contingencies, many of which are unknown at this time and generally out of the Company's control. The Company can give no assurance that it will be able to achieve these objectives. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.