Welcome!

News Feed Item

NEXGEN HOLDINGS' Paddock Pool Subsidiary Adds to Its Extensive Product Offerings Through a Joint Venture With SpaMan Spas

Paddock's Acrylic Spas Line-Up Includes the Top Brands Including: Bull Frog, Cal Spas, SpaMan, Viking and La-Z-Boy

MESA, AZ--(Marketwired - July 22, 2014) - NexGen Holdings, Inc. (PINKSHEETS: XGEN) announced today that it has entered into a joint venture agreement with SpaMan Spas of Arizona the state's oldest and largest Acrylic spa dealer and one of the top dealers in the country.

Under the terms of the agreement Paddock will become a SpaMan dealer and will carry the following top brands at the very best prices: Bull Frog, Cap Spas, SpaMan, Viking and La-Z-Boy. Paddock gains the 35 year experience and buying power of SpaMan. The deal does not prevent Paddock from carrying other brands and will enable Paddock to sell more Spas, at lower prices, with greater margins than before.

John Myers, CEO of both NexGen Holdings and NexGen Pools and Spas, stated, "This is a 'win-win' deal for both companies. SpaMan was looking for a north Scottsdale location and we wanted to team up with someone with the experience and buying and selling power of SpaMan."

Roger Abdin, CEO of SpaMan Spas, said, "Paddock is an iconic swimming pool brand and we are the State's leader is Acrylic Spas, it's a perfect fit to further develops both brands."

Steven Vollaro, Director of Sales for both of NexGen's swimming pool companies, said, "I am thrilled to be able to offer over 15 of the best selling Spas on the market. By combining with SpaMan we can continue to offer our customers the quality that Paddock has built its brand with while being able to do it at even better prices.

Steven continued, "Paddock has not had a spa line for quite a few years but as a SpaMan dealer Paddock hopes to regain its leadership role in this market and again sell over 130 Spas per year, or more from its Scottsdale location and generate at least another $1.2 million in annual sales."

About NexGen Holdings, Corp.

NexGen Holdings, Corp. 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, Corp. currently has two subsidiaries: WindPower Solutions Inc., which repairs and remanufactures wind power turbines and solar power plants for operators across the U.S., and NexGen Pools and Spas, Inc., which operates Cameo Pools & Paddock Pools, that builds and renovates swimming pools and markets outdoor products to consumers in the Phoenix, Arizona Metropolitan Area. -- For more information go to our websites at: www.wpienergy.com, www.cameopools.com, www.paddockpools.net

About Spa Man and Spas of Arizona

Over 35 years ago our CEO Roger J. Abdin started Acrylic Spas of Arizona as a family business, which it remains today. The Company has grown by focusing on offering its customers the best spas and accessories at the best prices, which are sold and installed by knowledgeable and caring professionals who deliver superior service. This simple philosophy has allowed the SpaMan brand to be recognized as the leader and allowed us to grow to become the largest acrylic spa dealer in both Arizona and the world. Today we carry our own line of quality spas under the widely recognized SpaMan brand as well as the very best from Cal Spas, Viking, Bullfrog, and La-Z-Boy. WE believe that no-one has a better selection than SpaMan! For more information or to find a location near you visit our website at www.acrylicspasaz.com

About Paddock Pools.

Paddock Pools, a NexGen Company, has been a recognizable brand in the Arizona swimming pool market since 1958. Through the years, by focusing on quality, Paddock has built pools for many of the large resorts including the popular area water parks and over 100,000 residential pools. The Company offers a full product line including Backyard furniture, spas, fire-pits and new and remodeled swimming pools. Customers can also purchase their pool supplies at the store or online. Paddock also offers swimming pool maintenance and repair services. Let our experience go to work for you! Paddock- The relentless pursuit of customer satisfaction! For more information visit our website at www.paddockpools.net.

About Cameo Pools

Cameo Pools is, a NexGen company, that focuses on delivering to consumers the 5 (five) essential elements for a successful "backyard" experience; Water, Fire, Food, Furniture & Music as it has for over 37 year old, with such well known-quality brand names as Cameo Pools, Cameo Landscaping, & Cameo Solar. As the oldest swimming pool builder in Mesa, Arizona Cameo has been committed to excellence for so long that we are able to offer a valuable lifetime warranty on the hand-crafted products we create for our customers. Cameo repairs, maintains designs and installs swimming pools, water features, spas, outdoor furniture and landscaping and solar options. For more information, go to our website at: www.cameopools.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.

Investor Relations Information:
Contact:
StockVest
Art Brent
Phone Number: 407-518-1010

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busin...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Quickly find the root cause of complex database problems slowing down your applications. Up to 88% of all application performance issues are related to the database. DPA’s unique response time analysis shows you exactly what needs fixing - in four clicks or less. Optimize performance anywhere. Database Performance Analyzer monitors on-premises, on VMware®, and in the Cloud, including Amazon® AWS and Azure™ virtual machines.
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...