SOURCE: Staffing 360 Solutions, Inc.

Staffing 360 Solutions, Inc.

October 26, 2015 07:30 ET

Staffing 360 Solutions' PeopleSERVE CEO Linda Moraski Joins The Committee of 200 (C200)

Invitation-Only Honor Bestowed Upon the Highest Ranking Women Executives Leading Successful Private and Public Companies

NEW YORK, NY--(Marketwired - October 26, 2015) - Staffing 360 Solutions, Inc. (NASDAQ: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and UK, announced today that Linda Moraski, President and CEO of subsidiary PeopleSERVE, Inc. has become a member of The Committee of 200 (C200), an invitation-only membership organization of some of the top women entrepreneurs and corporate leaders from countries around the world.

"We are pleased to have among our senior team a leader like Linda who has been recognized for her business acumen and many accomplishments," said Matt Briand, President and CEO of Staffing 360 Solutions. "Under her leadership, PeopleSERVE has received numerous industry awards including being named one of Massachusetts' Top 100 Women-led businesses by The Commonwealth Institute and The Boston Globe."

Linda Moraski joins an elite group whose members employ more than 2.5 million people and generate more than $200 billion in annual revenues. C200 spans more than 100 industries in the US, Europe, Asia, Canada and Latin America.

Ms. Moraski became involved with C200 through the organization's Protégé Program, an initiative that began in June 2014 and focuses on high-potential women entrepreneurs with business revenue in the $5 million to $15 million range. The goals of the program are to support the participants in their journey to grow their businesses, to expand their networks, and to "pay it forward" to future generations. Since becoming involved with the program a year ago, revenue of her company has grown 29% and gross profit has seen double digit growth as well.

"Linda is the first member of her class to become eligible for C200 membership," said Larraine Segil, Past Chair C200 Foundation. "She is an example of exactly what the Protégé Program was designed to do, find talented women who have determination and intelligence and a good business idea that can be dramatically improved through education, one-on-one mentoring and the connections that C200 CEO's provide."

To learn more about C200 and their members, please visit: www.c200.org.

About PeopleSERVE

Founded in 1999, PeopleSERVE is an award winning IT staffing firm that connects clients in the public, private and non-profit sectors to the local technology talent pool. Since inception, client organizations have relied on PeopleSERVE to successfully fill short- and long-term IT contract and permanent positions at hundreds of government, commercial and educational organizations. PeopleSERVE is fully committed to helping job seekers and consultants find employment and assignments that enhance their skills sets and technology portfolios. A consulting career with PeopleSERVE offers technology professionals independence, flexibility and a wide range of career-building experiences. For more information, please visit: www.peopleserveinc.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 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.

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Contact Information

  • Investor Relations Firm:
    PCG Advisory Group
    Stephanie Prince, Managing Director
    646.762.4518
    Email contact

    Corporate Investor Contact:

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

    Financial Contact:

    Staffing 360 Solutions, Inc.
    Wade Pearson, Senior Vice President of Finance
    212.634.6423
    Email contact