Good morning, friends and fellow traders. Yes, it's another pre-open edition of your SmallCap Network newsletter - the news just couldn't wait until after the close. Of all the small cap names we're currently following at the site, Staffing 360 Solutions (STAF) should be the most familiar to most of you by now. That's because we've been covering it since the middle of 2014, primarily based on its bigger-picture growth opportunity. We've not been disappointed either, as this IT staffing agency has been doing everything it said it was going to do. That is, it's grown revenue by making smart acquisitions, ultimately aiming for a top line of $300 million per year. It's more than halfway there now, and given its current pace of growth it's going to reach its target within a couple of years. The bulk of you know this already, of course. Even if you only read the newsletter or the website occasionally, the progress of Staffing 360 Solutions has been rather well documented by us. Nevertheless, it never hurts to send out a reminder of just how well this company is growing, nor does it hurt to let you in on the news the rest of the market is getting about STAF today. After all, if there's a potential catalyst in the works, even those people already plenty familiar with Staffing 360 Solutions should know about it. We'll folks, there's a potential catalyst in the works. It's not from an official SEC filing, or even from the company's official press release of its quarterly results. But, as Staffing 360 Solutions has been doing for as long as we can remember, we got a preview of the impending third quarter top line today. The tally? The company tentatively generated $43 million worth of revenue last quarter. That's a 39% improvement on a year-over-year basis, which is impressive, but not all that unusual for this particular organization. The press release is at the bottom of this commentary, in its entirety. Before you get to it though, I want to show you an updated version of the revenue, profit, and EBITDA chart we've been maintaining of the company's results. As they say, a picture says a thousand words. Take a look. Obviously the chart isn't complete yet; we don't yet have last quarter's gross profit, net income, or EBITDA. Those will come later. We do have enough information right now, though, to recognize the fact that the company is clearly making some big-time progress. Let me just add we've observed even faster improvement in gross profits and net income than we've seen from the top line. This is as it should be. The whole point of this roll-up strategy is to combine several similar businesses, share some expenses, share knowledge, and offer intra-company support, all for the purpose of creating strength through size. Staffing 360 Solutions is doing exactly that. I'm not going to be the least bit shocked if we see gross income and net income make even bigger progress than the top line did. The final/official results should be out in April. Now, for those of you who know all there is to know about STAF, feel free to go ahead and skip down to the bottom to read today's press release for yourself. For those of you who were surprised about how impressive the above chart looks, you may want to invest a couple moments here and learn why Staffing 360 Solutions is in the right place at the right time. As was noted, Staffing 360 Solutions is an IT (information technology) staffing agency. The description doesn't do the company justice, however. It specializes in cybersecurity staffing, which may be one of the market's - and society's - biggest hot buttons right now. Surrounded by a countless number of computer hacks that weren't supposed to be able to happen, it's becoming increasingly clear security hardware and firewalls aren't enough to keep corporations' and organizations' networks (not to mention your data as a consumer) safe from nefarious eyes. The only real solution is people who know what hackers might try to exploit, know how to build a custom-tailored security shell for every organization's nuanced needs, and can do so in real time. Almost needless to say, this gradual realization that people solve more cybersecurity problems than software has put STAF front and center in a big way for 2016. And it's a trend that's going to accelerate for a long while. Why? The statistics are - to put it bluntly - incredible. One million new malware threats are released every single day. The corporate cost of a lost/stolen customer record is, on average, $150 (a price tag that's far greater than that name's value as a customer). Last year's cyber attack count on a global basis was up about 140% versus 2014's tally. That's scary, but this is even scarier: Did you know that as of the latest look there are only 38,000 Certified Information Systems Security Professionals, but the U.S. actually needs 50,000 of them? And this is just a microcosm of a bigger, broad-based shortage of the "right" kind of qualified people. Some companies are trying to get the right people in place on their own, but it's just not working; they're not there. This is the crux of the opportunity for STAF, and is going to remain a big one for a long time. There's a lot more about Staffing 360 Solutions... much more than we can get to here. You get the idea though - the time is right for some consolidation within the IT staffing arena, led by a firm that's taking dead aim at the biggest opportunity in the technology space today. Be sure to check out some of our recent coverage of STAF if you're not familiar with it. In the meantime, here's today's press release. This may well light a fire under the stock. Staffing 360 Solutions Pre-Announces Record Quarterly Revenue of $43 Million Revenue for Fiscal Q3 2016 to Increase 40% Over Same Period Last Year NEW YORK, NY--(Marketwired - March 08, 2016) - Staffing 360 Solutions, Inc. (NASDAQ: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations in the US and UK, announced today that it expects the Company's reported revenue for the fiscal third quarter ended February 29, 2016 to reach a record of approximately $43 million, an increase of 40% compared to approximately $31 million of revenue reported in the same period last year. The Company expects to announce its comprehensive financial results for the fiscal quarter ended February 29, 2016 via press release and Form 10-Q before the SEC filing deadline in mid-April, and hold an earnings conference call. "We are thrilled to announce yet another quarter of record revenue," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "Achieving $43 million in revenue in a single quarter is no small feat, and it demonstrates our ability to continually drive growth. The JM Group acquisition initially put us on a trajectory to $170 million in annualized revenue, however, through organic growth, we were able to exceed even that threshold. This will be the largest single quarterly revenue figure in the company's history." Matt Briand, President and CEO of Staffing 360 Solutions, further remarked, "Achieving this level of revenue is a remarkable achievement and we look forward to sharing more details shortly when we announce our full results in April." Staffing 360 Solutions believes that a consolidation strategy is ideally suited for the highly fragmented temporary staffing industry. The management team has been engaged in the development of a comprehensive program to create a robust pipeline of prospective acquisitions, with a longer term objective of driving annual revenues to $300 million. For more information about Staffing 360 Solutions and complete investor materials such as investor presentations, white papers and webcasts of past earnings calls, please visit: www.staffing360solutions.com/res.html About Staffing 360 Solutions, Inc. Staffing 360 Solutions, Inc. (NASDAQ: 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 in the US and UK. 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 and IT staffing space. For more information, please visit: www.staffing360solutions.com. Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter. 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 it 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. Image Available: http://www.marketwire.com/library/MwGo/2016/3/8/11G086580/Images/finance_image-bfaa163407e186d7841215bde5d3faea.jpg Contact Information Investor Relations Firm: PCG Advisory Group Stephanie Prince Managing Director 646.762.4518 Corporate Investor Contact: Staffing 360 Solutions, Inc. Darren Minton Executive Vice President 212.634.6413 Financial Contact: Staffing 360 Solutions, Inc. David Faiman Chief Financial Officer 212.634.6410