SearchCore Announces Expansion in the Manufactured Home Industry by creating Wisdom Homes Of America, Inc.; Hires 30 Year Vet...
January 28 2014 - 8:00AM
SearchCore, Inc. (OTCQX: SRER), a technology-based marketing
services company that connects consumers with brands, products, and
services through content rich, hyper-local websites, today
announced its expansion into the manufactured home industry by
launching Wisdom Homes Of America, Inc. In addition, the company
proudly announces that it has hired Brent Nelms, a 30-year veteran
of the manufactured homes industry, to oversee the expansion of the
newly formed entity.
Wisdom Homes Of America, Inc., a wholly owned subsidiary of
SearchCore, Inc., will operate manufactured home retail sales
centers in the United States. Subject to completing due diligence,
the company anticipates opening up its first retail sales center in
February. SearchCore's decision to enter into the retail
marketplace was based on several keys factors that include an
improving real estate market, its www.Manufacturedhomes.com
website, which is one of the key information portals in the
marketplace, and relationships with numerous veterans in the
industry.
The company also announces they have hired Brent Nelms, a 30
year veteran in the manufactured homes industry, as President of
Wisdom Homes Of America. Mr. Nelms' accomplishments include opening
and operating manufactured home retail sales centers throughout the
United States. During part of his career Mr. Nelms oversaw the
expansion and operation of 33 retail centers generating over $100
million in annual revenue.
"I'm delighted to be named President of Wisdom Homes Of America,
Inc." Stated Mr. Nelms. "And I think our timing to enter into the
market place and open retail centers is perfect for a variety of
reasons. The real estate cycle certainly appears to be in the
beginning stages of long term growth. We're seeing a huge uptick in
potential buyers inquiring about manufactured homes. The quality,
design, and styles of manufactured homes have improved
significantly over the past 15 years while remaining affordable for
many buyers. And our parent company, SearchCore, owns
Manufacturedhomes.com which is gaining noticeable traction in the
manufactured home marketplace because of its lead generation
capabilities, enhanced videos, images and articles, ability to
connect homebuyers with retailers, and state-of-the-art CRM system.
In short, today's consumer has more options and buyer power, and in
some cases, significantly more buying power, over traditional stick
built construction."
About SearchCore, Inc.
SearchCore, Inc. is a technology-based Internet marketing
services company that offers customers an integrated suite of
services including media, technology, marketing and information.
Founded in 2010, SearchCore is headquartered in Lake Forest,
California. The Company's common stock trades on the OTC Market's
highest tier, OTCQX, under the ticker symbol "SRER."
www.SearchCore.com
Safe Harbor Notice
Certain statements contained herein are "forward-looking
statements" (as defined in the Private Securities Litigation Reform
Act of 1995). SearchCore, Inc. cautions that statements made in
this news release constitute forward- looking statements and makes
no guarantee of future performance. Forward-looking statements are
based on estimates and opinions of management at the time
statements are made. These statements may address issues
that involve significant risks, uncertainties, estimates and
assumptions made by management. Actual results could differ
materially from current projections or implied results. SearchCore,
Inc. undertakes no obligation to revise these statements following
the date of this news release.
CONTACT: Company Contact
SearchCore, Inc.
(855) 266-4663
info@searchcore.com
Investor Relations Contact
Financial Profiles, Inc.
(206) 623-2233
searchcore@finprofiles.com
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