Smart-Tek Solutions, Inc has announced that its gross revenues for January and February 2010 consolidated will be approximately $10 million. Based on this sales rate, the revenues for the March quarter should reflect a 15 percent increase compared to the quarter ending December 31, 2009. This increase reflects actual sales in January and February 2010 and projected revenue in March 2010.
Perry Law, CEO of Smart-Tek Solutions, Inc., states, “We are very pleased with the progress of our new business venture and are optimistic that the continuing performance during 2010 will be strong. Smart-Tek Solutions’ current product offering also provides a time and attendance feature that will be utilized within our PEO business segment.”
The beginning of the year is traditionally a time of change for PEOs, as most experience some level of attrition. It appears that Smart-Tek Automated Services, Inc.’s sales have not been impacted by this customary shift in the marketplace. “We are pleased with our performance so far this quarter and are confident that as the economy continues to recover, that our overall sales activity will continue to increase as well,” said Brian Bonar, President and CEO of Smart-Tek Automated Services, Inc.