NEW YORK, April 2, 2014 (GLOBE NEWSWIRE) -- The Staffing Group, Ltd, (OTCBB:TSGL) announces that its subsidiary, EmployUS, Ltd., signed-up 45 new client companies during the first quarter of 2014, bringing the company's total current clients to 165 distinct business relationships.
"EmployUS continues to demonstrate its value through its continued ramp up of new accounts. During the first quarter of this year alone, it has increased its client count by almost 30 percent," said Brian McLoone, CEO of The Staffing Group, Ltd. "EmployUS has nine offices across the southern United States, and continues to experience growth since its merger with The Staffing Group. We expect to continue to increase our client base and revenue and increase The Staffing Group's market shares within the Southeast United States' staffing industry."
About The Staffing Group, Ltd.
The Staffing Group, Ltd. is a publicly held Nevada corporation. Its primary holding company, EmployUS, is a full service turnkey staffing company initially established to respond to the relief and recovery of the major oil spill in the Gulf of Mexico. EmployUS has since expanded to work on construction, light industrial and maritime projects in the Southeast United States.
EmployUS' services include:
- Payroll related taxes
- Workers' compensation coverage
- General liability insurance
- Professional risk management team
- 24/7 availability of office staff
- Safety equipment & training programs
- Drug & alcohol screenings
- Background checks/MVR reports
- Temporary to permanent workers.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.