SOURCE: Staffing 360 Solutions

Staffing 360 Solutions

July 20, 2015 07:01 ET

Staffing 360 Solutions to Host a Conference Call Regarding the Acquisition of Lighthouse on July 22

Management Team to Discuss the Close of Its Lighthouse Acquisition and Staffing 360's Growth Plans on Wednesday, July 22, 2015 at 9:30 am EDT

NEW YORK, NY--(Marketwired - Jul 20, 2015) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and UK, will host an investor conference call on Wednesday, July 22, 2015 at 9:30 am Eastern Time to discuss the close of its recent acquisition of Lighthouse and provide an update on the Company's strategic initiatives.

Speakers from Staffing 360 Solutions will include: Brendan Flood, Executive Chairman; Matt Briand, President and CEO; as well as Alison and David Fogel, President and Vice President of Lighthouse Placement Services, respectively. The conference call will have a Q&A session to provide an opportunity to ask questions of senior management.

"We are thrilled to close this acquisition," stated Matt Briand, President and CEO of Staffing 360 Solutions. "Not only does Lighthouse add considerable depth to our existing operations, both Alison and David bring decades of industry experience, with a particular emphasis on engineering. We look forward to providing further details about Lighthouse, as well as how our selective acquisition strategy is positioning us for growth in 2015."

The teleconference can be accessed by dialing 877.407.0778 within the United States, 800.756.3429 within the UK, or 201.689.8565 internationally. Please dial in 10 minutes prior to the beginning of the call. There will be a playback of the teleconference available until August 5, 2015. To listen to the playback dial 877.660.6853 within the United States or 201.612.7415 internationally and use replay ID number: 13615133.

The conference call will be simultaneously webcast and available at:
http://www.investorcalendar.com/event/174203

About Lighthouse Placement Services, LLC

Lighthouse Placement Services, LLC specializes in placing engineering professionals in high caliber positions throughout Eastern Massachusetts and Southern New Hampshire. Founded in 2001, the firm grew quickly and has expanded into the pharmaceutical, biotechnology and IT sectors. Investments in hiring and training internal staff, corporate infrastructure, marketing and process improvement have allowed Lighthouse Placement Services to become recognized as an industry leader in the technical staffing arena, winning numerous awards and accolades, such as a Top Diversity Business in 2014 and one of the Best Places to Work from the Boston Business Journal. For more information, please visit: www.lighthouseplacement.com

About Staffing 360 Solutions, Inc.

Staffing 360 Solutions, Inc. (OTCQB: 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 with operations in the US and 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 industries. For more information, please visit: www.staffing360solutions.com.

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Forward-Looking Statements

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.

Contact Information

  • Investor Contact:

    Staffing 360 Solutions, Inc.
    Darren Minton
    Executive Vice President
    212.634.6413
    Email Contact

    Financial Contact:

    Staffing 360 Solutions, Inc.
    Jeff R. Mitchell
    Chief Financial Officer
    212.634.6411
    Email Contact