Franchise News Release: Waco, TX - (Feb-7-2003)


Rainbow International U.K. Master Licensee Acquired by ISS Damage Control Limited


The Rainbow International® Carpet Care and Restoration Specialist Master Licensee of the U.K. was recently acquired by ISS Damage Control Limited, a facility services company and leader in the U.K. Damage Control industry.

The master license to Franchise and grow the Rainbow U.K. network, along with Rainbow's 131 Franchises in the country, will join the larger ISS family. Melvin Lusty, who established the Rainbow U.K. franchise network, also will join ISS and continue to serve as Rainbow's Managing Director.

"We're excited to see the Rainbow brand affiliating with another prominent company in the U.K.'s growing restoration industry," said Dina Dwyer-Owens, president and CEO of U.S.-based The Dwyer Group, which counts Rainbow International among its franchise subsidiaries.

"Melvin has done an incredible job growing Rainbow's U.K. presence from 0 to 131 franchises over the past 15 years. Now, he has aligned the Master franchise with another winner by joining the ISS family," Dwyer-Owens said.

Rodger Arneil, Managing Director of ISS Damage Control, said Rainbow's geographical penetration of the country was attractive in the acquisition and will help in servicing the damage control market.

"It is our guarantee to major insurers that we have the ability to deliver from a flood at Lands End to a fire in Thurso," Arneil said.

Rainbow U.K. franchisees also will benefit from being part of a larger organization. The ISS Group, which operates in 38 countries, will offer great expertise in servicing loss adjusters, insurers and homeowners.

For more information on the ISS Group, visit www.issworld.com.

About Rainbow International:
Since 1981, Rainbow International® Carpet Care & Restoration Specialist has become a leading world chain of carpet care and restoration services ranging from carpet cleaning, repair and dyeing, deodorization and comprehensive water, smoke and fire damage restoration and cleanup. Rainbow International has more than 300 U.S. and Canadian locations and approximately 162 international locations. It is a subsidiary of The Dwyer Group, Inc. (NASDAQ:DWYR), one of the world?s largest franchise holding companies in the residential and commercial service business.

About The Dwyer Group:
The Dwyer Group Inc., based in Waco, Texas, is a public holding company that owns six franchisor corporations. Each corporation sells and supports a different service-based brand name franchise under the following service marks: Aire Serv® Heating & Air Conditioning, Glass Doctor®, Mr. Appliance®, Mr. Electric®, Mr. Rooter® (Drain Doctor® in the UK), and Rainbow International® Carpet Care and Restoration Specialist. The Dwyer Group is also affiliated with another franchisor corporation named DreamMaker Bath & Kitchen by Worldwide® (an associate company). Collectively, the franchisees of these franchise concepts offer customers a broad base of residential and commercial services. The concepts currently support over 900 franchisees in the United States and, through their master licensees, nearly 400 more franchisees in 25 other countries.




 

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