Pringle Development, Inc. Wins National Housing Award from NAHQ

Business Wire, Oct 25, 2007

EUSTIS, Fla. -- Pringle Development, Inc. is proud to announce they are one of five winners of the 2008 National Housing Quality (NHQ) Awards. This is the third time Pringle Development has received an NHQ award, and the second time earning silver. These awards are determined and presented by the NAHB Research Center and Reed Business Information and represent the home building industry's highest recognition for quality achievement and operational excellence. Pringle Development and the rest of this year's winners mark the 15th anniversary of the NHQ awards, which are determined through an intensive evaluation of the quality of all aspects of their business.

According to Professional Builder magazine's editorial director Paul Deffenbaugh, "The National Housing Quality Award is the hardest award to win in home building. It requires dedication and purpose throughout a home building company, and only the best can achieve this distinction." Pringle is pleased to publicize this achievement that distinguishes them as the best of the best in the home building industry and recognizes their attention to maintain the highest standards of excellence.

Pringle Development, Inc. (www.Pringle.com) was founded in 1981 by George and John Pringle but the family has been in the developing and building business in Lake County for over 80 years. In 2004, Pringle Development sold the company to their employees becoming the first Employee Stock Ownership Program (ESOP) developer in Lake County. Through the years, they have won numerous awards in Lake County's Parade of Homes competition and their communities are known to sell out very quickly which is just one of many reasons they are the industry leader in Central Florida.