CLARKSDALE, Miss., Sept. 2, 2005 (PRIMEZONE) -- Superior Development Group, Inc. (Pink Sheets:SDVG), a leading provider of affordable housing, announced today that its chief executive, Derrick D. Neal, was interviewed by CEOcast, the premier source of original and syndicated streaming broadcast interviews of chief executive officers at public and private news-making companies.
In the interview, Mr. Neal focused on Superior Development's strategic growth plans and development for the next two quarters as well as the company's areas of operations and development, the competition it faces and how the company will respond to and provide assistance in the form of housing to the victims from the hurricane Katrina disaster.
The interview is available immediately online at www.CEOcast.com.
About Superior Development Group, Inc.
Superior Development Group, Inc. is a publicly traded multi-faceted real estate development, construction-operative builder and sales company. The Company's development efforts are focused in four major areas of the housing market: development of affordable lease to purchase single family residential development, development of affordable multifamily rental housing, acquisition, development of raw land for subdivision development and the acquisition and rehabilitation of existing multi-family and commercial properties.
The Company offers a wide variety of creative and effective solutions in the affordable housing market.
Additional information about Superior Development Group, Inc. is available online at www.superiordevelopmentgroup.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's public filings. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.