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Press Release - Deer Valley Corporation (DVLY.OB-OTC: BB) |
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“Deer Valley is a money making company that was created and has thrived in the midst of the worst housing market in forty years. Our operations have been consistently profitable through the worst of this market. In contrast to many higher profile home builders, we have no speculative real estate that may have to be written down. By entering he modular market, we have found ways to achieve profitable sales when our normal sales channels have suffered setbacks...” - Charles G. Masters (DVLY) (Interview published May 30, 2008) |
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Deer Valley Corporation Begins Production,
Delivery and Initial Set of First Twin Townhomes for Orleans Place
Contract
TAMPA, FL--(MARKET WIRE)--Jul 8, 2008 -- Deer Valley Corporation
("Deer Valley" or the "Company") (OTC BB:DVLY.OB
- News) is
pleased to announce that the Company has delivered and "set" the
first of over 120 twin townhomes that the Company is to provide
during the first phase of development of Orleans Place, a new
planned community that is part of the Savanna Trails development
in Ocean Springs, Mississippi.
Brad Bolding, the Company's Director of Modular Operations,
commented, "The delivery and setting of this first of our series
of custom designed twin townhomes not only marks the beginning
of a premier project in Ocean Springs, Mississippi, but it also
marks another step in the implementation of Deer Valley's
strategy to broaden the Company's product offerings to include
'crane-set, off-frame' modular homes. We believe that the
prevailing economic conditions in the United States are going to
cause working families living in urban and suburban communities
to more aggressively seek affordable housing. Factory built
homes provide the benefits of consistent quality control and
construction efficiencies which result in a natural solution to
this growing demand. With a Deer Valley modular home, the home
owner can achieve affordability without sacrificing strength or
the 'fit and finish' quality and feel of a site built home."
About Deer Valley Deer Valley is a growth-oriented manufactured home builder with headquarters in Tampa, Florida, and operations in Guin and Sulligent, Alabama. The Company is dedicated to offering high quality homes that are delivered with a sense of warmth, friendliness, and personal pride. Having begun operations in March 2004, Company is relatively young, but the management team has over 250 years of combined industry experience from various backgrounds including general management, production, sales, customer service, and finance. All of the Company's plants are operating on a five days per week, single shift schedule. The Company has no idle facilities. Forward-Looking-Statement: Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the manufactured home industry, customer acceptance of products, fulfillment of contracts with key customers, and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Deer Valley's results could differ materially from those contained in such statements. You can generally identify forward-looking statements through words and phrases such as "forecast," "seek," "anticipate," "believe," "estimate," "expect," "intend," "plan," "budget," "project," "may be," "may continue," "may likely result," and similar expressions. Such forward-looking statements speak only as of the date of this release, and Deer Valley undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release. The corporate offices of Deer Valley are located at 4218 West Linebaugh Avenue, Tampa, FL 33624. Additional information can be found at: http://www.deervalleycorp.com.
Contact: Contact Information: Deer Valley Corporation Tampa, Florida Charles G. Masters (813) 885-5998 cmasters@deervalleycorp.com http://www.deervalleycorp.com
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