CHARLOTTE, N.C., Sept. 8, 2004 (PRIMEZONE) -- HouseRaising, Inc. (OTCBB:HRAI), has hired Charles Skibo, a venture capitalist and telecommunications/Internet industry veteran, as Chairman and CEO effective immediately. Mr. Skibo will direct the company and manage acquisitions and financial related matters.
Mr. Skibo was previously CEO of SE&C, a consulting company focused on providing financial assistance and funding of acquisitions for companies in the IP & Telecom related market segments. Prior to SE&C, he was Chairman and CEO of Colo.com from 1999 to 2001. During his tenure, Colo.com raised $535 million, built and operated 27 collaboration data centers with staffing increasing from 9- to 350 employees. Prior to Colo.com, Mr. Skibo was President and CEO of US Sprint where he merged U.S. Telecom, GTE Sprint & GTE Telenet to form US Sprint.
Commenting on the addition of Mr. Skibo, Robert McLemore, Founder and President of HouseRaising said, "The board is very pleased to have attracted someone of the caliber and experience of Charles Skibo. His background of successfully developing national companies is a tremendous asset to HouseRaising. As head of our executive team, his focus will be to expedite our exciting and aggressive business plan on a national basis."
"HouseRaising has a unique concept and vision, and I am pleased to become an integral part of launching HouseRaising's proprietary homebuilding system, a system with the potential to revolutionize how custom homes are designed and built," said Charles Skibo, HouseRaising's Chairman and CEO.
Headquartered in Charlotte, North Carolina, HouseRaising became a public entity through a merger completed on September 2, 2004. HouseRaising designs and builds custom homes and operates an Internet based management platform providing support to local homebuilders. HouseRaising's proprietary System C will revolutionize the way custom homes are designed and built in America. Go to www.HouseRaising.com for more information.