13/03/2018 16:01:42

Sharing Services, Inc. Announces the Expansion and Relocation of its Corporate Offices

PLANO, Texas, March 13, 2018 (GLOBE NEWSWIRE) -- On March 7th 2018, the company announced that it has expanded its Corporate Offices to a new location to accommodate the recent growth of the company that it has experienced over the last several months.

"The Company is excited to announce that we have moved our corporate offices into a location that can serve and fulfill our recent growth,” stated, John “JT” Thatch.  Mr. Thatch further commented that, “We were fortunate to find suitable space in a close proximately to our existing offices that allows us to retain those offices for some of our subsidiary companies as they continue to develop.”

Sharing Services and its wholly owned subsidiaries will now operate at the new address of 1700 Coit Rd. Suite 100, Plano, Texas 75075. This new location is slightly less than 10,000 Sqr. Ft. allowing for a growing customer service department, product fulfillment, opportunity and training rooms as well as a video production suite.

“The opportunity to expand to the rest of this new building over the course of the next 6-12 months ensures we won’t have to move again any time soon,” commented Robert Oblon, Chairman of the Board. “We are on track for very significant growth here in the U.S. as well as upcoming International expansion so this move is in preparation for what’s in front of us.”

About Sharing Services, Inc.

Sharing Services, Inc. is a diversified holding company specializing in the direct selling industry. SHRV owns, operates, or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from manufacturing, processing, training, and travel benefits. Visit http://www.sharingservicesinc.com, call 714.203.6717, or email info@sharingservicesinc.com, to learn more.

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 31E of the Securities Exchange Act of 1934, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, including the Company's operating margin and rolling average annual growth in tangible book value per share,

constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.

Contact:

Sharing Services, Inc.

Investor Relations

(714) 203-6717

info@sharingsevicesinc.com 

Source: Sharing Services, Inc.

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