PRESS ROOM

National Leader in Builder Information Technology Announces Corporate Name Change to Compendia
Compendia’s suite of turnkey solutions used by twelve of the nation’s top fifteen homebuilders

February 11, 2008 (SAN DIEGO, CA) – Master Manuals, a national leader in document and information management solutions for the homebuilding industry since 1999, is proud to announce it has changed its corporate name to Compendia to better communicate the company’s focus and commitment to emerging technological trends in the homebuilding industry. The name change also reflects an evolution of technological offerings, providing homebuilders and homeowners with a more accurate description of the comprehensive services and solutions Compendia provides.

“With our continued growth and evolution into an information company, our name needed to more accurately reflect what we do and the value we bring to both homebuilders and homeowners,” said Compendia Chief Executive Officer, Steve Fabry. “Compendia is about technology and innovation. It is about seamless access to essential and useful information. It is the right name and the right message to further entrench ourselves as the industry leader in providing innovative document retention and management strategies.”

Compendia, which means a vast storehouse of knowledge that is easily accessible, has already jumped to the forefront of finding innovative Web-based solutions for builders and homeowners. With the recent introduction of Master Archives and Home Experience, Compendia is set to continue the explosive growth it experienced in 2007, when, according to Fabry, it delivered more products to more builders in more areas of the country than ever before. This record growth was the catalyst to expand its national headquarters from a 7,000-square-foot office to an 18,000-square-foot facility in San Diego. In an industry that is experiencing a downturn, Compendia has managed to buck the trend and continue to successfully grow its business.
While maintaining its rapid growth, Compendia has also continued to provide the high level of customer service its clients expect. A recent customer satisfaction survey commissioned by Compendia indicated a 93.5 percent customer satisfaction rating.

“As Compendia moves forward, we will continue to provide our same wealth of services and solutions, including maintenance information management, manufacturer product warranty organization, HOA and community care, and document retention for our clients,” explained Fabry. “Builders are already recognizing the value we offer as a trusted resource, a provider of solutions that offers a competitive advantage and a partner that provides a return on investment. As we continue to evolve, we are only going to solidify that position.”

For more information about Compendia or to view its builder and homeowner products, please visit www.compendiainc.com.

Click here for CEO Steve Fabry's Open Letter announcing the change