Clockwork Home Adds Executives and Gears Up for Increased Retail and Franchise Conversion Activities

SARASOTA, Fla. - Clockwork Home Services, Inc., the leading provider of home services, has announced three new executive appointments, to support the company’s plans for accelerated growth. All three appointments are effective immediately. During 2007, Clockwork expects to generate more than $31 million in incremental annualized revenue from its acquisition and conversion of plumbing and HVAC contractors that will be branded under its One Hour Air Conditioning & Heating and Benjamin Franklin Plumbing company-owned franchises.

Rebecca Cassel, formerly President of Franchise Operations, has been promoted to Director of Retail and Franchise Development.
Darren Dixon, formerly President of Retail Operations, has been promoted to Director of Retail and Franchise Development.
Wayne Anderson has been promoted to Director of Retail and Franchise Development. He was formerly an Executive Vice President at Clockwork.
“To support our aggressive growth plans, we are expanding Clockwork’s executive team to drive our future performance,” said Jim Abrams, CEO, Clockwork Home Services, Inc. “These proven business executives will provide our organization with the experience and leadership necessary to continue building Clockwork’s rapidly-growing footprint in the home services industry.”

Rebecca Cassel joined Clockwork Home Services in 1999, as President of Clean Indoor Air, Inc., a position that was quickly followed by promotion to Vice President of Operations for all of the Success Group International portfolio companies. In 2004, she became President of Franchise Operations for Clockwork Home Services. Prior to Clockwork, Rebecca began her career in private accounting, with positions as senior accountant and controller with major organizations. She led Management Financial Services, Inc., of Nashville, TN, through a merger to create the largest management receivables firm in the United States. Additional accomplishments include working at Cassel Consultants, a consulting organization for HVAC organizations and owner/operator of her own HVAC company, Airco Home Comfort.

Darren Dixon has been active in the home services industry since 1996. His path to Clockwork Home Services began with responsibility for sales and marketing at Quality Air Conditioning, where he doubled the company’s profit year-to-year during his tenure. This impressive effort resulted in his appointment to General Manager in 2001, and two years later he converted the company over to the first U.S. franchise of One Hour Air Conditioning. Under Darren’s leadership, the organization grew significantly, among other successes, showing a 400% increase in profits by 2004. Following the sale of the franchise to Clockwork Home Services, Darren was appointed to President of Retail Operations.

Wayne Anderson got his start in the HVAC working at his family’s business. He ultimately was able to grow the organization tenfold, showing a gain in profitability for 16 straight years until selling the company in 1997. Wayne was then hired by ARS, where he held a number of positions, including area manager, where he was in charge of over $40,000,000 worth of retail business. Wayne was one of the original 30 members of Contractors Success group in 1990, and in 1999 became one of the original 12 investors in VenVest, Inc. -- now Clockwork Home Services.

Clockwork currently operates electrical, plumbing, heating and air conditioning franchises within its portfolio of home services franchises. In only eight years, the organization, originally formed as VenVest, Inc., has exceeded $500 million in system-wide sales as of December 2006.