Staffing 360 Solutions Engages New York-Based Investment Bank for M&A Services

NEW YORK, NY--(Marketwired - Jan 8, 2015) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and Europe, today announced that it entered into an agreement with a New York-based investment bank with a particular expertise in emerging small-cap companies to support Staffing 360 Solutions' M&A program.

Through this engagement, the investment bank will provide its capabilities across a wide variety of potential financings as part of the Company's buy-and-build acquisition strategy, which could include, but is not limited to: convertible debt, secondary offerings and private placements. Currently, the Company would like to undertake a "best efforts" round of financing up to $4 million to fund Staffing 360's next acquisition, followed by additional financings as part of its high-growth M&A strategy.

"As we continue to grow through a series of acquisitions and structured financings, we are pleased to announce this agreement," said Brendan Flood, Executive Chairman of Staffing 360 Solutions. "Although we can't expose the name of the investment bank due to certain disclosure restrictions of the proposed transactions, the bank's management team consists of highly respected and well-connected investment banking partners that we believe will bring strategic expertise to our corporate finance initiatives in support of our acquisition strategy. I look forward to working closely with their team as we continue to maintain Staffing 360's focus on growth and shareholder value."

In addition to raising capital, the engagement calls for the investment bank to build strategic relationships and partnerships with various institutions and advisors that are aligned with the selective acquisition strategy that Staffing 360 Solutions has employed over the past two years as it has grown to over $130 million in annualized revenues.

This communication does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities.

About Staffing 360 Solutions, Inc.

Staffing 360 Solutions, Inc. (OTCQB: 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 Europe. 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, IT and cybersecurity 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 the Company 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.