NEW YORK, NY--(Marketwired - Jan 9, 2014) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company engaged in the provision of international staffing services in IT, financial, accounting, healthcare, and cybersecurity industries, will host an investor conference call on Monday, January 13th, 2014, at 12:00 noon Eastern to discuss the close of its recently announced acquisition of Initio International Holdings Limited and the Company's strategic growth initiatives for 2014 and beyond.
Speakers will include: Brendan Flood, Executive Chairman; A.J. Cervantes, Vice Chairman and President; Matt Briand, Co-CEO; and, Allan Hartley, Co-CEO. The conference call will include a Q&A session where investors will have the opportunity to ask questions of senior management.
"Completing this acquisition is a game-changing event in our corporate history, placing us above $100 million in annual revenues," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "We look forward to interacting with the investment community during our upcoming conference call and providing the public with more insight into our acquisition strategy, as well as our global plans for growth in 2014. We have developed a highly targeted pipeline of accretive acquisitions to expand our footprint in the international staffing industry as we aim to reach our stated objective of $300 million in revenues over the next 24 months."
The teleconference can be accessed by dialing 877-407-0778 when calling within the United States or 201-689-8565 when calling internationally. Please dial in 10 minutes prior to the beginning of the call. There will be a playback available until January 27, 2014. To listen to the playback dial 877-660-6853 when calling within the United States or 201-612-7415 when calling internationally and use replay ID number: 13574600.
The conference call will be simultaneously webcast and available at:
About Brendan Flood
Brendan Flood, 49, is now the Executive Chairman of Staffing 360 Solutions. Prior to this, Mr. Flood was Chairman and CEO of Initio International Holdings Limited. At Initio he spearheaded the management buyout in January 2010 from Faro Recruitment Group, where he was the CEO of Europe and North America. Mr. Flood also spent seven years at Hudson Global, Inc. (a NASDAQ listed company) in various roles in Europe and the United States culminating in him leading the IPO of this business on the NASDAQ National Market in 2003. During 2004 and 2005 he was the CFO/COO for Hudson North America returning this business to profitability after several loss-making years. Prior to the IPO in 2003, Hudson was part of what is now Monster Worldwide, Inc., the parent company of Monster.com for which Mr. Flood was acting as CFO in 2002. As part of the global realignment of Monster Worldwide, Inc. in November 2001, Mr. Flood became CFO for all of the company's operations in the Americas which amounted to $1.8 billion of annualized revenues, moving to New York City and living there for five years. Prior to settling in the UK, he graduated from Dublin City University (Ireland) with a Bachelor of Arts degree in Accounting and Finance.
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (OTCQB: STAF) is a public company in the global staffing sector engaged in the acquisition of international staffing organizations with operations in the US, Europe and India. As part of its targeted consolidation model, Staffing 360 Solutions is pursuing broad spectrum staffing companies in the IT, financial, accounting, healthcare and cybersecurity industries. The Company believes the staffing industry offers opportunities to create a successful public company with a longer term objective of accretive acquisitions that will drive annual revenues to $300 million. For more information, please visit: www.staffing360solutions.com
Certain matters discussed within this press release are forward-looking statements including, but not limited to, entering into new agreements, the ability to enter into any additional acquisitions, or 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. 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.