Wakefield Development Company Hires Prospect Relations Manager

Raleigh, N.C., November 19, 2007—Wakefield Development Company, North Carolina’s largest developer of residential communities, today announced that it has hired Matthew Phillips as its new Prospect Relations Manager. In this position, his primary role will be to maximize the effectiveness of Wakefield Development Company’s signature customer lead generation system, SAMI, as well as coordinate prospect lead management efforts with the company’s communities sales staffs to achieve quarterly sales goals.

“We are excited to have such an innovative, highly versatile person on our team,” said John Myers, president of Wakefield Development Company. “With Matthew’s diverse background, he proves to offer a huge amount of experience that we know will help us to continue our growth as a company.”

Phillips boasts a strong background in urban redevelopment. Before joining Wakefield Development Company, Phillips was a community manager at Professional Properties Management, Inc., located in Raleigh, where he successfully managed a diverse portfolio of 10 upscale homeowners associations. Phillips also held positions at Fred Leads Properties, based in Los Angeles, California, as a property supervisor and became the youngest partner in the firm’s history, and CPRescue, in Hollister, California, as the Director of Operations.

He has a white boxer dog, and a strong passion for extreme outdoor sports, including skydiving, motorcycle racing and martial arts.

About Wakefield Development Company
Signature Communities. Ideal Opportunities.

Wakefield Development Company (WDC), the 2007 NCHBA Developer of the Year, is central North Carolina’s largest developer of residential communities. From tranquil lakeside property and affordable country club living to traditional neighborhood developments with small-town charm and inspiring communities with true urban flair to unique resort-style coastal communities, the WDC portfolio includes almost 18,000 homesites across the central and coastal regions of the state. In addition to the 2004 NCHBA Community of the Year, Bedford at Falls River, the company has six other communities across the Raleigh-Wake County market, including Wakefield Plantation, Eagle Ridge, Edgewater, Cornerstone, Delta Ridge and Twin Lakes.  WDC is developing Mackintosh on the Lake in Burlington, and has begun construction on two new Triangle area communities, Renaissance Park and 12 Oaks. Wakefield Development Company entered the coastal market in 2007 with the launch of San Rio Ocean & River Club and Kingfish Bay.  For more information, call 1-866-223-1280, visit www.wakedev.com, or email info@wakedev.com.