SOURCE: Wisdom Homes of America, Inc.

Wisdom Homes of America, Inc.

June 16, 2015 10:00 ET

Wisdom Homes of America Continues Its Expansion -- Signs Lease for New Retail Center

TYLER, TX--(Marketwired - Jun 16, 2015) -  Wisdom Homes of America, Inc. ("Wisdom Homes" or the "Company') (OTCQB: WOFA), an owner and operator of manufactured homes retail centers that has positioned itself to provide homebuyers the opportunity to purchase quality, affordable manufactured homes from our retail locations in Texas, announces that the company is continuing to execute on its development plan of opening 30 retail centers by adding another manufactured home retail center to its existing retail locations. Wisdom Homes has signed a three year lease for a retail center in Kerrville, Texas. 

"As we have previously reported, our business model is predicated on opening retail centers, from which we can sell well built, affordable manufactured homes to prospective home buyers in the area, while concurrently, selling land/home packages in existing, established housing developments," stated Mr. Brent Nelms, President of Wisdom Homes of America. "Our land/home packages require us to either own land or become affiliated with land owners in proximity to our retail centers, in order to develop, improve and affix manufactured homes for move-in ready transactions. We are currently in negotiations with several land owners in Kerrville in order for us to offer these land/home package opportunities."

"The Kerrville area has a growing population base. It boasts big box stores such as Super Wal-Mart and Lowes, and is a popular destination for Midwestern snow birds looking to purchase affordable, quality vacation and second homes," stated Mr. Jim Pakulis, CEO of Wisdom Homes of America. "Kerrville offers that peaceful, country-living environment, but it's only an hour northwest from the excitement of San Antonio, with a population of about 1.5 million people."

"Exceptional management is a crucial element for success at the retail level and we are extremely fortunate to have retained Mr. Scott Marlow to manage our Kerrville location. Scott lives in Kerrville and has more than 13 years of experience in the manufactured home industry, selling at both the retail and wholesale level. Scott is extremely knowledgeable of our industry and intimately familiar with the Kerrville area. Additionally, Scott has worked with Brent at the retail level in the past with tremendous success," continued Mr. Pakulis. "All of our prospective retail management candidates are required to train no less than 90 days at our Tyler headquarters. Scott has done a fantastic job in Tyler and we truly look forward to his assistance in establishing our Kerrville presence."

About Wisdom Homes of America, Inc.
Wisdom Homes of America, Inc. is a manufactured housing retail center owner and operator. Wisdom Homes is headquartered in Tyler, Texas. The Company's common stock trades on the OTCQB, under the ticker symbol "WOFA." More information about Wisdom Homes can be found at http://wisdomhomesofamerica.com.

Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Wisdom Homes of America, 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. Wisdom Homes of America, Inc. undertakes no obligation to revise these statements following the date of this news release.

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