Lake Forest, California, Jan. 28, 2014 (GLOBE NEWSWIRE) -- 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.