Packaged Home Solutions (fka PKGH)

[Mr. Zen]

Packaged Home Solutions, Inc. Announces Expansion Plans for Al-Vent Architectural Products
Expansion to Result in Al-Vent Increasing Gross Revenues to $3,700,000 in 2007 and $5,300,000 in 2008.
Nov 28, 2006 10:10:00 AM
CINCINNATI, OH -- (MARKET WIRE) -- 11/28/06 -- Packaged Home Solutions, Inc. (PINKSHEETS: PKGH) www.packagedhomesolutions.com -- ("PHS" or "the Company"), today announced its expansion plans for All-Vent Architectural Products, a North Carolina based manufacturer of hurricane windows and doors, that the Company has agreed to acquire as a wholly owned subsidiary. Since executing the agreement to acquire Al-Vent, the management of PHS has assumed daily operational and marketing control of Al-Vent, and is presently implementing plans for the introduction of new products, as well as implementing certain marketing plans that will result in an immediate increase of gross income and net profits. The Company will complete the acquisition by no later than December 15, 2006.

Al-Vent presently produces two patented window and door products that can withstand wind speeds of up to 237 miles per hour, or the strength of category five hurricane winds. Both of these products exceed the new Florida building code requirements, as well as the enhanced building codes recently implemented in Louisiana and Texas, and are easily installed on existing window frames. Al-Vent also offers a patented door and geared-hinge system, which is designed to provide more strength and durability than the conventional door and hinge methodology of its competitors, without sacrificing aesthetics.

As part of the acquisition, the Company is acquiring over $100,000 of equipment and $300,000 of work in progress and inventory. Current orders to be filled for the window and door products exceeds $400,000, which result in gross margins of $200,000 and net profits of approximately $160,000. Such orders should be filled within the next 30 to 60 days. The overhead of the company is approximately $20,000 per month, which PHS intends to keep stable for the next 12 months, since present staffing at the plant can produce orders totaling $3,700,000 in 2007.

Since assuming operational and marketing control of Al-Vent, PHS has signed or extended distributor agreements in the Caribbean, Hawaii and Florida, and is negotiating distributor agreements in Texas, Louisiana, Georgia, California Mississippi and Alabama. The products produced by Al-Vent will also be introduced into the retail offices owned by the Company in Florida, as well as the regional offices that will be opened in Atlanta and Dallas\Fort Worth in the early part of 2007.

PHS will also begin to manufacture at Al-Vent's facilities a complete line of patented sunrooms, which will be offered in more diverse geographic areas than the markets for hurricane windows and doors. Since 85% of a sunroom design consists of windows, screens and doors, which the Al-Vent existing equipment can manufacture, the line extension to produce sunrooms will not cause a disruption in the existing manufacturing process. PHS estimates that its present offices in four states will be able to sell a minimum of $1,600,000 of sunrooms in 2007.

Dan Smith, CEO of PHS in explaining the Al-Vent expansion plans stated: " Our business strategy with the manufacturing and distribution operations of Al-Vent, as well as the other acquisitions that we are in the process of finalizing, is to integrate the acquisition's current operations and products within our retail home improvement offices, as well as our existing distribution system. Furthermore, we will cross-market the acquisition's various proprietary products through the existing customer base of PHS, its future customer base, plus the customer base of each acquisition. Our goal is to enhance the gross revenues of each acquisition, including Al-Vent, by a minimum of 100% in the first 12 months of operations after our acquisition. The Al-Vent acquisition is the first such acquisition we have made since becoming public, but will certainly not be our last."

About Packaged Home Solutions

Packaged Home Solutions, Inc., formed in 2004, has created a systematized approach that makes remodeling fast and as "customer-friendly" as possible. The Company's executives have over 138 years of experience in the home improvement business, including senior positions with several of the largest retail home improvement chains in the US. The Company was established to provide consumers with reliable, attractive home improvement solutions, including kitchens, bathrooms, basement and exterior improvements that provide the best in product selection and installation services. The Company focuses on the middle market home in range of $100,000 to $500,000, specializing in improvements to increase the value of the home, and maximizing value of the home for sale in a softening real estate market.

PHS currently has seven offices located in Cincinnati and Dayton Ohio, Indianapolis, Indiana, Louisville, Kentucky, Jacksonville (2) and Miami, Florida. The Company's intention is to open a regional office in Tampa, Florida prior to the year's end, as well as opening additional satellite offices in Cincinnati and Miami. The Company will be opening regional offices in 2007 in Atlanta, Dallas, Phoenix, Denver and Southern California. These regional offices will then open satellite offices as each market matures. By the end of 2007, the Company plans to have 30 operational offices, making it one, if not the largest home improvement services company in the United States. At that the time, the management of the Company will consider various options to maximize shareholders' value, including a sale to an industry participant.

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FORWARD-LOOKING STATEMENTS

Statements about Packaged Home Solutions, Inc.'s expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Packaged Home Solutions' actual results could differ materially from expected results. Packaged Home Solutions undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; Packaged Home Solutions will appropriately inform the public.

Copyright 2006 Market Wire, All rights reserved.

Contacts:
Investor Relations Contact:
Gerald Kieft
Ryan Audin
Wall Street Resources, Inc.
2646 SW Mapp Road, Suite 303
Palm City, Florida 34990
772-219-7525
http://www.wallstreetresources.net

Packaged Home Solutions:
Mike Klieber
513-733-1800
888-818-4172