NEW YORK, NY--(Marketwired - August 12, 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 that Brendan Flood, Executive Chairman, together with Matt Briand, President and CEO, will ring the Nasdaq Opening Bell on Monday, August 15, 2016, in New York's Times Square. Mr. Flood and Mr. Briand will be joined by members of Staffing 360's executive management team, board of directors, employees and guests.
"We are honored to ring the Nasdaq Opening Bell," said Mr. Flood. "This ceremony represents the perfect opportunity to thank and acknowledge our employees, investors, and partners who have supported Staffing 360 and helped make our impressive growth a reality. The bell ringing ceremony celebrates our recent achievements and is our first bell ringing ceremony since uplisting to Nasdaq."
Mr. Briand added, "With our M&A strategy, combined with the increased visibility of a major exchange, we believe we are well-positioned for future growth and recognition in the capital markets. Stay tuned for our year-end financials, which will be forthcoming when we announce our upcoming earnings conference call."
The ceremony for the Nasdaq Opening Bell will be shown on the Nasdaq MarketSite Tower on Broadway at 43rd Street in Times Square, as well as being broadcast live on television networks such as CNBC, Fox Business News and Bloomberg TV.
In addition, the event can be viewed live on Monday, August 15, 2016, beginning at approximately 9:15 am Eastern, by visiting: http://livestream.com/nasdaq/live.
Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.3 trillion and nearly 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.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.
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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.
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