SOURCE: NexGen Holdings Corp.

NexGen Holdings Corp.

November 19, 2014 10:23 ET

NexGen Holdings Announces the Successful Launch of Its New Landscape Division; Cameo Landscape!

MESA, AZ--(Marketwired - Nov 19, 2014) - NexGen Holdings Corp. (PINKSHEETS: XGEN) announces the successful launch of its new "in-house" Landscape division under its Cameo brand name as Cameo Landscaping.

NexGen's subsidiary Cameo Pools has been providing landscape design and installation for over 30 years through quality sub-contractors under its own Landscape license. Now NexGen has established a separate division under the Cameo Landscape name and will actually do the design and installation with its own crews.

John E. Myers, CEO of NexGen Holdings Corp., said, "With this new division we can provide a more seamless solution to our valued customers, assure less disturbance to their backyard and family life, use the latest exciting materials and be able to provide all of this at a much lower cost to our customers!"

Brian Waters, the General Manager of Cameo Landscape, stated, "I'm excited about the opportunities to use my 20 years of experience running crews to improve the quality and profitability of our landscape division. Since our launch last week we have already contributed over $50,000 to the revenue of NexGen."

"Brian is uniquely qualified to run this division for us because he has experience in all phases of the businesses including; Swimming pool construction and sales, landscape and backyard design and as a result he can and does work closely with our swimming pool construction designers to provide maximum results in the shortest possible time."

"NexGen Holdings two swimming pool subsidiaries outsourced about $800,000 in landscape projects last year and we expect this division's sales to increase by at least 20% with its new better pricing and our margins will still improve by at least 10%," said Carole Myers, CFO. "This will have real impact for our shareholders."

This rounds out NexGen's offerings under the brand names: Paddock Pools, Cameo Pools, SpaMan Spas and now Cameo Landscaping. NexGen provides the complete backyard solution: New and Remodeled Pools, Acrylic Spas and Hot Tubs, outdoor furniture and lightning, patio design and installation and landscape design and maintenance.

About NexGen Holdings, Inc.

NexGen Holdings, Inc. is a public holding company that is an acquirer and operator of fundamentally sound subsidiaries that are market accepted, scalable and demonstrate a quantifiable value proposition. To enhance shareholder value our focus is on establishing a foot print in a specific industry through the acquisition of a subsidiary that has strong market presence, brand awareness, talented and dedicated management teams with the potential to achieve exceptional performance over time. Once acquired, these companies can expand through additional acquisitions, aggressive marketing and access to our operational support, management approach, and ability to access financial markets for operational and growth capital to build a market leader. NexGen Holdings, Inc. has currently has four subsidiaries: WindPower Solutions, Inc., which repairs and remanufactures wind power turbines and solar power plants for operators across the U.S., and its backyard products subsidiaries Cameo Pools, Paddock Pools and Cameo Landscape, that builds and renovates swimming pools landscape design and maintenance and markets outdoor products to consumers in the Phoenix, Arizona Metropolitan Area. -- For more information go to our websites www.nexgenholdingscorp.comwww.cameopools.com, www.paddockpoolsaz.com

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding NexGen Holdings, Inc. expectations, intentions, strategies and beliefs pertaining to future events or future financial performance. All statements contained herein are based upon current information available to NexGen Holdings, Inc.'s management as of this date. The business and operations of the Company are subject to substantial risks which increase the uncertainty that forward-looking results will be achieved and actual events or results may vary materially as a result of various important factors including those which management has little or no control. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.

Contact Information

  • Investor Relations Information:
    Contact: Carole Myers
    Phone Number: 480-363-2300