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
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, 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 opportuni...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...