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Staffing 360 Executes Agreement with Veteran Staffing and Recruitment Firm

Staffing 360 Executes Agreement with Veteran Staffing and Recruitment Firm

Staffing 360 Solutions, Inc. (OTCQB: STAF), an emerging growth public company engaged in the provision of international staffing services, has announced several agreements over the past few months with providers of staffing services in various market verticals. These agreements have included its acquisition agreement with the Revolution Group and IDC Technologies Inc. to extend its reach into cyber solutions, banking and finance, healthcare and other industries.

The agreement with LLC will expand these operations further into veteran staffing services designed to transition military men and women into civilian jobs through a new division called Veterans 360 Alliance. And ultimately, these efforts help further differentiate the company from larger competitors in this space targeting the broader market, like Trueblue Inc. (NYSE: TBI) and Kforce Inc. (NASDAQ: KFRC), by focusing on specific verticals.

Staffing 360 Solutions, Inc. (OTCQB: STAF) announced today that it has signed a staffing agency agreement with LLC, a premier veteran staffing and recruitment company dedicated to successfully transitioning military men and women into civilian jobs as they return from duty. Pursuant to the terms of the Agreement, Staffing 360 Solutions will assist in recruiting qualified veterans from war zones such as Iraq and Afghanistan in a wide assortment of fields and industries.

As part of this effort, the Company has launched a proprietary staffing division called Veterans 360 Alliance, dedicated exclusively to the placement of veterans of the U.S. military. The new division will focus on placing veterans in sectors including: engineering, technology, IT services, finance & accounting and healthcare, just to name a few.

"We are pleased to announce this relationship with," stated Allan Hartley, CEO of Staffing 360 Solutions. "As a significant number of returning veterans arrive from overseas, our new Veterans 360 Alliance division is positioning itself to assist as many unemployed veterans as possible by placing these top military leaders, engineers, and technicians into America's private sector workforce."

The United States Military educates and trains some of the most effective leaders in the world, yet despite their powerful combination of purpose, work ethic, and an unmistakable drive to succeed, these professionals often leave the service and find it extremely difficult to build their civilian careers. Veterans currently have an unemployment rate of 11.7% in the first quarter of 2013, up from 9.9% in December 2012, while the national unemployment rate remains unchanged at 7.9%. As part of this newly formed relationship with, Veterans 360 Alliance is devoted to placing veterans of the U.S. military in qualified jobs throughout the United States.

"We are pleased to be working hand-in-hand with Staffing 360 Solutions," stated Veronica Bouchon, President of "Developing a robust network of employment opportunities for our veterans when they return from combat overseas is essential. We are firmly committed to helping all former military men and women, as well as their spouses, successfully transfer their skill set into the civilian sector."

As part of its growth strategy, Staffing 360 Solutions believes that a consolidation strategy is ideally suited for the highly fragmented temporary staffing industry. The company's management team has been engaged in the development of a comprehensive program to create a robust pipeline of prospective acquisitions, including opportunities in the veterans services sector through its Veterans 360 Alliance division.


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