Window Rock Capital Announces Revenue from First Home Build
HOUSTON, Jan. 4, 2006 (PRIMEZONE) -- Window Rock Capital Holdings, Inc. (Pink Sheets:WRKC), a real estate asset development company, announced that it has completed its first home under its joint venture agreement with RPM Ventures, LLC (dba Reynolds Family Homes). The joint venture will receive a gross income from the first home of US$137,200, with a net income of US$52,000.
Charles Shirley, CEO of Window Rock, stated, "We are pleased with our first home build. We are proud to be providing fine affordable housing for the Columbus, Ohio market. And this first build indicates that the affordable housing market will be a profitable one for Window Rock."
About Window Rock Capital Holdings, Inc.
Window Rock Capital Holdings, Inc. is in the real estate development business. Window Rock brings together developers, architects, and investors to establish a unique real estate platform in the U.S., Asia, and Latin America. The Company handles the logistical differences between developing real estate in the U.S. and abroad, offering a consistent package of services, creating profitable ventures supported by alliances with international companies.
Window Rock Capital has strategic alliances and collaborative contacts with various companies in the planning, study, development and construction sectors, legal and juridical international assistance, and access to the complex financial world of investment. Therefore, the company has also developed relationships with hotel operators, retail and commercial business and amusement and recreation companies. The Company is currently developing projects in Ohio and Louisiana. Please visit www.windowrockcapital.com for more information.
Forward Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Window Rock Capital Holdings, Inc. please refer to its website at www.windowrockcapital.com
CONTACT: Window Rock Capital Holdings, Inc.
Charles R. Shirley
832-225-1372
charles@windowrockcapital.com
Investor Relations
Robert Bleckman
713-521-2147
robertbleckman@sbcglobal.net
RPM Ventures, LLC
Tony Reynolds
614-367-0315
tony@reynoldsfamilyhomes.com
Source: PrimeZone (January 4, 2006 - 4:19 PM EST)
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