LifeGoal Home Down Payme... (AMEX:HOM)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more LifeGoal Home Down Payme... Charts. Click Here for more LifeGoal Home Down Payme... Charts.](/p.php?pid=staticchart&s=A%5EHOM&p=8&t=15)
Home Solutions' Subsidiary PW Stephens Awarded Multimillion
Dollar Contract for Florida Operations; Company Sees Significant Restoration
Opportunities Created By Hurricane Damage
DALLAS, Nov. 3 /PRNewswire-FirstCall/ -- Home Solutions of America, Inc.
(AMEX:HOM), a niche provider of specialty residential services, announced today
that its PW Stephens, Inc. (PWS) subsidiary, a provider of remedies to
homeowners that have fire or water damage, has been awarded a contract worth
over $2 million with a private condominium owner to make repairs associated
with water and mold damage from Hurricane Francis. In addition, PWS will
expand its presence in Florida by operating jointly at the Company's existing
Fort Myers location, as well as a satellite location in the West Palm Beach,
Florida area.
"In response to numerous opportunities, as a result of the damage from
Florida's four hurricanes, we are creating a permanent presence in Florida in
order to have the necessary resources in place to respond to water and mold
damage. We have a seasoned management team in place as we have combined key
personnel from our California operations, where we have performed these types
of services for over twelve years, with local management as well as labor to
respond to the demand for these types of services," said Scott Johnson,
President of PWS.
"We believe this to be the beginning of a multi-year rebuilding process
associated with damage that was a result of the storms," said Frank Fradella,
Home Solutions' Chairman and CEO. "Our ability to rapidly integrate our
operations in this area should position the Company to financially benefit from
these extensive opportunities. It is possible that we will see some impact of
these projects in our financial results during the fourth quarter, but clearly
during the 2005 fiscal year."
Home Solutions is a niche provider of specialty residential services including
Restoration Services and Specialty Interior Services. The Company has
operations in the California, Texas, and Florida markets and is rapidly growing
its core business organically as well as through very strategic acquisitions.
For more information on Home Solutions, please see our website at
http://www.homcorp.com/ .
Statements included in this update that are not historical in nature are
intended to be, and are hereby identified as, "forward-looking statements" for
purposes of the safe harbor provided by Section 21E of the Securities Exchange
Act of 1934, as amended by Public Law 104-67. Forward-looking statements may
be identified by words including "anticipate," "believe," "intends,"
"estimates," "expect," and similar expressions. The Company cautions readers
that forward-looking statements including, without limitation, those relating
to the Company's future business prospects are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
indicated in the forward-looking statements, due to factors such as those
relating to economic, governmental, technological, and other risks and factors
identified from time to time in the Company's reports filed with the SEC.
HOME SOLUTIONS OF AMERICA, INC
CONTACT: Cormac Glynn, CEOcast, Inc.
PHONE: 212-732-4300
DATASOURCE: Home Solutions of America, Inc.
CONTACT: Cormac Glynn of CEOcast, Inc., +1-212-732-4300, for Home
Solutions of America, Inc.
Web site: http://www.homcorp.com/