HouseRaising, Inc. (OTCBB: HRAI)

Dear Reader, 

HouseRaising, Inc. (OTCBB: HRAI) continues to trade strong with a decided upward trend as news reports from the company make it clear that HRAI has a plan and they know how to execute.  Today's news reports the completion of an important acquisition that will lead to expanding its homebuilding management services to the Web via its HouseRaisingAcademy - revolutionizing how custom homes are designed and built.  We encourage you to read our profile and Today's Breaking News below.  Don't miss out on this exciting story.

Please read our initial profile on HRAI by HERE. 
 

Today's Breaking News From HouseRaising

Press Release 
Source: HouseRaising, Inc.
Thursday August 4, 7:30 am ET

CHARLOTTE, N.C., Aug. 4 /PRNewswire-FirstCall/ -- HouseRaising, Inc., (OTC Bulletin Board: HRAI - News; "HouseRaising" or the "Company") today announced the closing of the LearnBytes acquisition and consolidation of the company's assets and employees into HouseRaisingAcademy.

Gregory J. Wessling, HouseRaising's Chairman and CEO announced today the company has closed on the previously announced acquisition of LearnBytes, LLC. The acquisition was structured as an asset purchase agreement in exchange for restricted stock. Effective this day, LearnBytes' management team and support staff will be engaged by HouseRaisingAcademy (HRA), a wholly-owned subsidiary of HouseRaising, Inc.

"We are excited to announce this closing in that this team of experts will not only focus 100% on completion of System C and developing HouseRaisingAcademy's on-line educational facility, they will operate and manage the academy going forward. These initiatives will allow HouseRaising to begin operating its homebuilding management services on line by this October," said Mr. Wessling.

Mr. Wessling stated: "HouseRaising's primary focus is building a national company that manages design/build and renovation projects for discriminating homebuyers and homebuilders. Our management processes have been organized, defined and tested by our Founder, Bob McLemore. These unique processes consist of experiences gained from over four decades in selling, designing and building thousands of custom homes."

Grant Neerings, President of HouseRaisingAcademy announced the following initiatives for 2005 and 2006:

"We are pleased to become a part of the HouseRaising organization and look forward to working towards the goal of revolutionizing how custom homes are designed and built. During the last 12 months, we have been capturing knowledge and experiences from HouseRaising's Founder and developing that expertise into proprietary, internal-use software we named System C. Designed to manage thousands of design/build or renovation projects simultaneously, System C allows HouseRaising to administer its successful business processes for homebuyers and homebuilders on a national basis. In addition to providing the internal-use software for HouseRaising employees, beginning in 2006, HouseRaisingAcademy will offer on-line training capabilities, seminars and design/build services to the public."

"This one-of-a-kind management tool will assist thousands of homebuyers and builders to design and build unique homes in an enjoyable and financially sound process," said Grant Neerings. "We intend to have the management software on line during September and be managing projects by the end of October this year. System C will be fully operational and capable of managing hundreds of projects simultaneously by the end of this year."

An overview of System C can be viewed at www.HouseRaising.com

HouseRaising, Inc. (OTC Bulletin Board: HRAI - News)

What We Are: Functioning exclusively in the custom homebuilding arena, HouseRaising, Inc. is a Managed Service Provider that will revolutionize the way custom homes are designed and built.

What We Do: Performing the role of "General Manager," HouseRaising manages design and build projects with services that improve the quality of the home and the homebuilding experience while lowering its total costs by 10% or more. By providing managed services to homebuyers, builders and vendors, HRI turns complicated custom home and renovation projects into financially sound and fun endeavors.

How We Do It: Operating from a national control center and zone design centers located throughout the country, HouseRaising personnel utilize a patent-pending process to define and manage every step in designing and building custom homes.

Our Market Potential: Of the 500,000 custom-home projects built by 250,000 small builders in America each year, every one of them could benefit from HouseRaising's managed services. HouseRaising sells its services through a two-channel marketing and sales approach. Channel #1: HRI approaches the small custom builder who has existing buyer clients who need HouseRaising's services. Channel #2: HouseRaising markets its services directly to homebuyers who need quality builders for their projects.

For more information, please visit our website at http://www.HouseRaising.com/.

CERTAIN INFORMATION CONTAINED IN THESE MATERIALS IS "FORWARD-LOOKING" INFORMATION, SUCH AS PROJECTIONS, ESTIMATES, PRO FORMAS, OR STATEMENTS OF INTENTIONS, EXPECTATIONS OR PLANS. ALL FORWARD-LOOKING INFORMATION IS SUBJECT TO KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, MANY OF WHICH ARE OUTSIDE OF THE CONTROL OF THE COMPANY. CONSEQUENTLY, ACTUAL RESULTS MAY, AND PROBABLY WILL, DIFFER MATERIALLY FROM THE RESULTS CONTEMPLATED IN SUCH FORWARD-LOOKING INFORMATION.

Source: HouseRaising, Inc.
 

About HouseRaising, Inc.

HouseRaising Inc. (HRI) (OTCBB: HRAI) operates exclusively in the custom homebuilding arena as a Managed Service Provider intended to revolutionize the way custom homes are designed and built by small homebuilders. 

What They Do:
Functioning nationally as the project’s “General Manager,” HouseRaising improves the quality of the home and the homebuilding experience while lowering total costs by 10 to 15%.  By administering its managed services for homebuyers, builders and vendors, HRI turns complicated custom home and renovation projects into financially sound and fun endeavors. 

How They Do It:
Operating from a national control center and zone design centers located throughout the country, HouseRaising personnel utilize a patent-pending process that defines and manages every step in designing and building custom homes. HRI develops sales contracts, designs the homes, obtains architectural and engineering approvals, prepares specifications and accurate budgets, arranges and manages financing, produces and coordinates affiliated builders and vendors that are committed to providing quality products and services for fixed prices. 

HRAI's Market Potential: 

Of the 500,000 custom-home projects built by 250,000 small builders in America each year, every one of them could benefit from HouseRaising’s managed services.  HouseRaising sells its services through a two-channel marketing and sales approach. 

Channel #1:  HRI approaches the small custom builder who has existing buyer clients who need HouseRaising’s services. 

Channel #2:  HouseRaising markets its services directly to homebuyers who need quality builders for their projects.
When 1% of the buyers or builders developing the 500,000 projects choose HRI to manage their projects, HouseRaising will create homes valued at $2.25 billion with cash flow of $90 million. Management believes that when HouseRaising is fully operational and properly presented to buyers and builders across America, it is realistic to expect that between 1% and 5% of the 500,000 projects will use these services, making HouseRaising one of the largest companies in the industry. 

• HouseRaising USA (HR-USA) functions as a marketing channel directed to custom homebuyers.
• HR Custom Builder Division works directly with custom homebuilders around the nation.
• HouseRaisingAcademy (HRA), is an Internet-based technology company providing management software, support structure and consulting for all HouseRaising activities.

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HouseRaising’s marketing focus is to operate under the radar screens of large builders and become ... "A national company  of local homebuilders.”  Up to 6,000 small homebuilders selling and building 2 or 3 homes or 4 to 6 renovation projects annually in out of the way places, is expected to produce sales revenues equal to some of the nation’s largest homebuilders.  HouseRaising establishes builder relationships in large cities, but its emphasis is on developing multiple-builder relationships in  small towns across America

Investment Considerations

• Patent-pending management system provides “one-stop shopping” for custom homebuyers and homebuilders

• Highly experienced management and board

• Company is advancing national business development ahead of schedule through Strategic Partnership with CitiMortgage and pending acquisition of Florida-based Integrity Contractors

• Addresses market realistically valued at $2.25 billion generating annual cash flow of approximately $90 million

• In first quarter of 2005, Company obtained new contracts totaling more than $2.4 million in sales that are projected to be completed within an average of 9 months

• Company’s unique national business strategy and its turn-key solution for one-of-a-kind residences have no direct competitors in the custom homebuilding industry

Other Recent News From HouseRaising

Press Release - Thursday June 23, 8:00 am ET 

Press Release - Friday June 17, 12:58 pm ET

Press Release - Tuesday June 7, 8:00 am ET 

Financial Highlights For HouseRaising

To Contact HouseRaising, Inc.

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