SOURCE: Marathon Group Corp.

June 18, 2013 16:05 ET

Marathon Group Corp. Forms New Staffing Services Division to Expand Services Offering and Fully Optimize Personnel Resources

Marathon Group Corp. Formed a New Professional Staffing Group to Expand Into New Medical Staffing Niches Using Existing and New Personnel; Company Also Plans to Seek Acquisitions and Leverage Online Technology to Speed Growth and Boost Profits

BROOKLYN, NY--(Marketwired - Jun 18, 2013) - Marathon Group Corp. (PINKSHEETS: PDPR) announced they have formed a new professional staffing division that will focus on providing qualified temporary clinical and administrative personnel  to hospitals, doctor-owned medical groups, assisted care facilities, corporate medical centers and other medical service organizations.

The Company plans to start offering these services immediately. In addition, to build critical mass more quickly, the Company plans to make acquisitions of other companies in both similar and complementary businesses.

U.S. staffing industry revenue is expected to reach a high of $134.4 billion in 2013, according to the new "Staffing industry forecast: September update" report by Staffing Industry Analysts. The revenue will beat the industry's previous high of $132.3 billion in 2007.

"Clearly staffing is a growth industry, and we believe our proven experience in the medical niche will give us an advantage. Our aim is to leverage the success we achieved last year to achieve even greater results in 2013," said MacDonald Tudeme, CEO of Marathon Group Corp. "Organic growth, acquisitions, joint ventures along with technology and automation will play a major part in this initiative."

"We believe investors will be rewarded for their support and confidence in Marathon Group Corp.," Mr. Tudeme added.

About Marathon Group Corp.:

Marathon Group Corporation is a nurse staffing and home healthcare company that provides healthcare professionals to hospitals, nursing homes, and assisted living facilities in New York and Pennsylvania.

It offers registered nurses, licensed practical nurses, nurse technicians, O/R technicians, certified nurse's aides, medical assistants, high-tech infusion nurses, and physical and occupational therapists. The company also provides nursing care in the private homes of the elderly, sick, and incapacitated.

Marathon Healthcare senior management has over a quarter of century experience in clinical care and administration. And the company is confident in their capability to handle almost every facet of hospital, nursing home and home care.

In addition, many of the company's employees are bilingual and represent the diversity in the communities whose facilities we serve.

Marathon Group Corporation was founded in 2005 and is based in Brooklyn, New York and trades on the Over The Counter Market under the ticker symbol PDPR.PK.

Forward Looking Statements:

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward‐looking public statements concerning its expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.

Forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.

This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.

Contact Information

  • Contact Information:

    Marathon Group Corporation
    phone: (718) 943-3400