Lake Forest, California, May 13, 2014 (GLOBE NEWSWIRE) -- SearchCore, Inc. (OTCQX: SRER) announces that its subsidiary, Wisdom Homes Of America, Inc., which specializes in owning and operating manufactured home retail centers, has opened their 3rd manufactured home retail center in TX.
Wisdom Homes Of America has entered into an agreement to take over Heritage Mobile Homes of Jacksboro, TX effective immediately. Heritage is a manufactured home retail center operated by Mr. Burnett Hunt. Mr. Hunt will continue in his role as general manager for the Jacksboro location, as well as assume additional responsibilities within Wisdom Homes Of America.
The Jacksboro location strategically allows Wisdom Homes Of America to operate in western, central and eastern Texas. In addition, Jacksboro is positioned near the areas that are experiencing significant growth related to the energy industry. Texas is the largest seller of manufactured homes in the country.
Wisdom Homes Of America, Inc. is managed by President Brent Nelms, a 30 year veteran of the manufactured housing industry. Among other accomplishments, Mr. Nelms was previously responsible for overseeing 33 manufactured home retail centers generating over $100 million in annual revenue.
Mr. Nelms states, "We are certainly privileged and honored to have Burnett working with us and help us expand Wisdom Homes throughout Texas and beyond. Burnett brings decades of real estate development and manufactured home experience to our team, and we couldn't be happier than to have him as part of the Wisdom Homes family."
Mr. Hunt comments, "Wisdom Homes is taking the right steps at the right time, in the right locations in its goal to become the largest independent manufactured home retailer in the US. I feel fortunate to be a member of the team and help all of us achieve our goals."
About SearchCore, Inc. SearchCore, Inc. is a technology-based Internet marketing services company, and has expanded into owning and operating manufactured home retail centers. 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.