Home Solutions of America's Backlog Increases 40% for Fiscal 2004 Specialty Interior Segment Reports Growing Demand for Its Services HOUSTON, April 12 /PRNewswire-FirstCall/ -- Home Solutions of America, Inc. , a niche provider of specialty residential services, announced today that its backlog has increased 40% for the remaining nine months of its fiscal 2004 year when compared to the same period one year earlier. Significant orders are being received from nationally recognized homebuilders, fueling this increase. The Company's Specialty Interior Segment, which includes the recently completed Southern Exposure acquisition, is experiencing strong demand in its Florida marketplace. "Specialty interior services, consisting of cabinet and countertop installation services, is poised to show approximately 20% annual organic revenue growth over the next few years," said Frank Fradella, Chairman and CEO of Home Solutions. "The acquisition of Southern Exposure dramatically changed Home Solutions, significantly expanding the size of the Company and providing a strong regional presence in Florida, one of the fastest growing markets for niche residential services in the country. The strong increase in backlog validates our acquisition strategy and demonstrates that we can acquire and seamlessly integrate these residential services companies in a manner that increases our earnings." 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 through both an internal and an acquisition strategy. 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. 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.hsoacorp.com/

Copyright

LifeGoal Home Down Payme... (AMEX:HOM)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more LifeGoal Home Down Payme... Charts.
LifeGoal Home Down Payme... (AMEX:HOM)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more LifeGoal Home Down Payme... Charts.