SOURCE: National House Care, Inc.

January 16, 2008 13:47 ET

National House Care, Inc. Announces Offering of 4,462,500 Shares of Common Stock

ATLANTA, GA--(Marketwire - January 16, 2008) - National House Care, Inc. announced today the offering of up to 4,462,500 shares of its Common Stock at $1.12 per share. The minimum share purchase requirement is 18,750 shares. Although this offering is made to the public, shares will not be publicly traded or listed on any market or exchange at this time. Shares are being offered by the company to fund near-term growth and the establishment of a nationwide franchising system. The offering is expected to close on March 31, 2008 unless subscribed in full prior to this date.

National House Care, Inc. (NHC) is a for-profit company that generates socially responsible results through services that enhance both the social and economic situation for our growing senior (baby boomer) population. National House Care, Inc. provides "House Care" which is defined as comprehensive home maintenance, repair, modification and coordination of ancillary house services. Typical services range from performing minor repair tasks to assuming 100% of House Care responsibilities for extended periods of time. These services can help preserve the value of a real estate asset, whether it is a primary residence, rental property, or vacation home. NHC provides House Care services to homeowners of all ages, capitalizing on the trend toward increased outsourcing of maintenance and repair by the homeowners of over 100 million homes in the United States.

National House Care places a special emphasis on the senior market. Geographically dispersed families, increasing home ownership by seniors, and a growing senior population, due to longevity and the demographics of the baby boomer generation, create a situation where more aging homeowners need assistance with home maintenance and repairs. NHC provides homeowners, as well as the adult children and relatives of aging homeowners, the convenience of coordinating House Care through a single service provider. By addressing home safety, by modifying homes to be more senior friendly, and by providing routine maintenance, National House Care helps elderly people enjoy a higher quality of life at home ("Aging-in-Place"). This is the most common residence of their choosing, and it is usually significantly more cost-effective compared to extended care facilities such as assisted living apartments or nursing homes.

The offering is made only by means of the offering circular, which may be obtained by visiting www.nhcstock.com or by contacting the company at (404) 806-2279 Ext 710 or by writing to National House Care, Inc., Attn: Stock Offering, 5825 Glenridge Drive NE, Building 3, Suite 101, Atlanta, GA 30328.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

To view the company's website or to download the company's media kit visit: http://www.nationalhousecare.com/pressroom.html

Contact Information

  • For information on this offering contact:
    Investor Relations
    +1-404-806-2279 Ext 710
    Email Contact

    For general media inquiries contact:
    Michael Skripko
    +1-404-806-2279 Ext 717
    Email Contact