FOR IMMEDIATE RELEASE

January 2009

MHWC ANNOUNCES

NEW PLATINUM ADVANTAGE EXTENDED WARRANTY PROGRAM FOR

APPLIANCES AND SYSTEMS

Harrisburg, PA – MHWC, the nation’s leading warranty company for HUD-code homes, recently developed a new extended warranty program for appliances and systems, Platinum Advantage. Offered exclusively through a network of approved builders, Platinum Advantage extends warranty protection beyond the original manufacturer’s standard warranty on a variety of appliances and systems in both new and pre-owned homes. This package approach provides the homeowner the security of more comprehensive and long term coverage but at a substantially lower rate than if they were to buy individual extended warranties on each item of equipment.

The average homeowner understands that eventually most things break down. Appliances and systems typically carry a one-year warranty from the manufacturer. Extended warranties are a cost-effective way to deal with expensive and unexpected repair bills. Through Platinum Advantage, homeowners are protected against this potential financial burden for up to seven years on covered items in new homes and up to three years in pre-owned homes. Without an extended warranty, homeowners may have to pay hundreds of dollars for repairs. With Platinum Advantage, homeowners are responsible for only a small service fee.

Setting this program apart from others is the level of flexibility built into the coverage. Homeowners choose the length of warranty term, the level of service fee, and which repair provider to use when a covered appliance or system breaks down. Additionally, they can select optional coverage to further customize their plan. Platinum Advantage will be administered by MHWC’s affiliate, USHP, LLC.

The builder benefits from Platinum Advantage in a variety of ways. Exposure to customer service issues is dramatically reduced since USHP takes over complaint handling for problems with covered appliances and systems. An administrative fee is paid to the builder for every warranty sold, generating extra revenue to make the program profitable and benefit that important bottom line. Ultimately, Platinum Advantage provides a unique marketing tool that will set the builder apart from the competition.

Platinum Advantage is not yet available in all states. For availability and more information about Platinum Advantage, click here or call 866-394-5135 ext. 2149.