SOURCE: Labor SMART, Inc.

October 07, 2013 07:55 ET

Labor SMART, Inc. Surpasses Year-to-Date Revenues of $12 Million Dollars

Company Sees 2013 YTD Revenue Increase of Approximately 118%

HIRAM, GA--(Marketwired - Oct 7, 2013) - Labor SMART, Inc. (OTCQB: LTNC) (the "Company") is pleased to announce Year-To-Date (YTD) revenues of $12,294,502 as of October 4, 2013, representing an approximate 118% increase over the same period last year.

Month-over-month margins continue to improve with incremental increases over the last several months as the Company continues to execute their strategic business model. Currently, the Company is on pace to reach their goal of $16-$18 million in revenues for 2013. 

Labor SMART executives are now in the process of solidifying expansion plans in order to meet 2014 goals and projections.

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.

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.

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