Scottsdale 8/23/2013 3:00:00 AM
News / Stocks

Labor SMART (LTNC) Creates Corporate Accounts Division to Accommodate Growing Client Demand

QualityStocks would like to highlight Labor Smart, Inc. (OTCBB: LTNC), a leading provider of temporary personnel, from construction labor and event staffing, to light industrial and production employees. Based in Georgia, the company screens every employee to help clients reduce downtime and turnover. Labor Smart is one of the fastest growing temporary labor providers, expanding to become a nationwide resource.

In the company’s news,

Labor SMART announced it has launched a new corporate accounts division. The purpose of this new division is to increase company focus on expanding horizontal and vertical markets in order to meet the growing demands of new and current clients. It is expected that the new division will be instrumental in strengthening Labor SMART’s client base, which has grown considerably this year. The new division will bring immediate improvement of services to the company’s large clients that order from multiple branches and will also enable Labor SMART to capitalize on multi-unit revenue opportunities.

Labor SMART has additionally announced that for the week of Aug. 16, the company has reported a new weekly sales record of $469,036. Sales for the month of August have thus far put the company in line to potentially break $2 million in sales, which would mark Labor SMART’s single largest monthly sales production to date.

Labor SMART’s client base is now over 1,000, and the creation of new divisions within the company’s corporate infrastructure will help maximize its service offerings to that growing clientele base while focusing on vertical and horizontal market expansion. A critical component of Labor SMART’s long-term branding strategy is servicing large clients across multiple markets with a personalized touch. While the company’s branch expansion season has officially ended, Labor SMART continues to evaluate unique opportunities that may lead to additional branch openings in the coming weeks.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.