Staffing 360 Solutions Announces the Re-Branding of Headway Workforce Solutions
11 October 2022 - 11:00PM
Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an
international buy-integrate-build strategy through the acquisition
of staffing organizations in the United States and the United
Kingdom, today announced the re-branding of Headway Workforce
Solutions.
The official rebranding of Headway Workforce
Solutions will take place this week, including a new logo. The
Headway Workforce Solutions rebranding and new logo design falls in
line with Staffing 360 Solutions Intelligent Integration
strategy.
“We are delighted to welcome Headway Workforce
Solutions to the Staffing 360 Solutions’ Professional Staffing (US)
business stream,” said President and CEO Brendan Flood. “The
relationship between Headway and Staffing 360 Solutions dates back
over 20 years and we feel that this partnership will yield
collective successes that we would not otherwise achieve
independently. Headway’s unique approach to staffing combines
sophisticated technology with a hands-on operations model to better
serve clients and job seekers. This re-branding will offer Headway
the support and backing from Staffing 360 Solutions and their
investors to continue to disrupt the Staffing Industry.”
The logo for Headway Workforce Solutions now
follows the same layout and design of Staffing 360 Solutions’ other
subsidiaries by adding a strapline below the historical brand as
well as a customized 360 orb, which reflects the unique
characteristics of Headway Workforce Solutions. At the same time,
the original logo, which customers have come to know over the
company's forty-eight years of operations in the U.S., remains
intact above the strapline. This is a key aspect of Staffing 360
Solutions integration, as it maintains the strong brand recognition
and goodwill Headway Workforce Solutions has gained over the years,
while also providing an enhanced logo and stronger connection with
the rest of the Staffing 360 Solutions brands.
Founded in 1974 Headway Workforce Solutions is a
leading B2B (Business to Business) provider of HR Administration
Outsourcing and Talent Solutions. We’re committed to meeting the
challenges of high-volume, large-scale contingent, and permanent
workforce requirements within highly focused sectors across the
nation. Our high-touch, best-in-class service model encompasses two
integral components: Recruitment & Staffing and Employer of
Record. Over the past forty years, Headway has provided services to
over 1000 discrete companies, primarily in the retail, hospitality,
events, light industrial, financial services, survey research, and
marketing and scientific research industries.
About Staffing 360 Solutions,
Inc.Staffing 360 Solutions, Inc. is engaged in the
execution of an international buy-integrate-build strategy through
the acquisition of domestic and international staffing
organizations in the United States and United Kingdom. The Company
believes that the staffing industry offers opportunities for
accretive acquisitions and as part of its targeted consolidation
model, is pursuing acquisition targets in the finance and
accounting, administrative, engineering, IT, and light industrial
staffing space. For more information, visit
http://www.staffing360solutions.com. Follow Staffing 360 Solutions
on Facebook, LinkedIn and Twitter.
Forward-Looking StatementsThis
press release contains forward-looking statements, which may be
identified by words such as "expect," "look forward to,"
"anticipate," "intend," "plan," "believe," "seek," "estimate,"
"will," "project" or words of similar meaning. Forward-looking
statements are not guarantees of future performance, are based on
certain assumptions and are subject to various known and unknown
risks and uncertainties, many of which are beyond the Company's
control, and cannot be predicted or quantified; consequently,
actual results may differ materially from those expressed or
implied by such forward-looking statements. Such risks and
uncertainties include, without limitation, our ability to retain
our listing on the Nasdaq Capital Market; market and other
conditions; the geographic, social and economic impact of COVID-19
on the Company’s ability to conduct its business and raise capital
in the future when needed; weakness in general economic conditions
and levels of capital spending by customers in the industries the
Company serves; weakness or volatility in the financial and capital
markets, which may result in the postponement or cancellation of
customer capital projects or the inability of the Company’s
customers to pay the Company’s fees; the termination of a major
customer contract or project; delays or reductions in U.S.
government spending; credit risks associated with the Company’s
customers; competitive market pressures; the availability and cost
of qualified labor; the Company’s level of success in attracting,
training and retaining qualified management personnel and other
staff employees; changes in tax laws and other government
regulations, including the impact of health care reform laws and
regulations; the possibility of incurring liability for the
Company’s business activities, including, but not limited to, the
activities of the Company’s temporary employees; the Company’s
performance on customer contracts; negative outcome of pending and
future claims and litigation; government policies, legislation or
judicial decisions adverse to the Company’s businesses; the
Company’s ability to access the capital markets by pursuing
additional debt and equity financing to fund its business plan and
expenses on terms acceptable to the Company or at all; and the
Company’s ability to comply with its contractual covenants,
including in respect of its debt agreements, as well as various
additional risks, many of which are now unknown and generally out
of the Company’s control, and which are detailed from time to time
in reports filed by the Company with the SEC, including quarterly
reports on Form 10-Q, reports on Form 8-K and annual reports on
Form 10-K. Staffing 360 Solutions does not undertake any duty to
update any statements contained herein (including any
forward-looking statements), except as required by law.
Investor Relations
Contact:Terri MacInnis, VP of IRBibicoff + MacInnis,
Inc.(818) 379-8500 x 2terri@bibimac.com
Media Contact:Jules AbrahamCORE
IR(917) 885-7378julesa@coreir.com
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