Home Solutions Of America Inc fka HSOA

[eastunder]

Home Solutions of America Subsidiary Selected For $12 Million in New Orleans Infrastructure Projects

Monday , August 27, 2007 10:21ET

DALLAS, Aug 27, 2007 (BUSINESS WIRE) -- Home Solutions of America, Inc. (NASDAQ: HSOA, the "Company" or "Home Solutions"), a provider of restoration, construction and interior services to commercial and residential customers, announced today that its Home Solutions Restoration of Louisiana, Inc. subsidiary ("HSRLA") has in July and August been awarded new construction projects in New Orleans and the surrounding areas expected to generate revenue of approximately $12 million. The projects are in addition to the Company's previously announced Restoration and Construction Services Division backlog announced on August 9, 2007.

The projects recently awarded include four kitchen renovations for the New Orleans Public School System, renovations at the New Orleans Armstrong International Airport, construction of a new Veterans Administration Pharmacy, renovations on the Soulet Apartments, a Canal Street condominium build-out project, repairs to St. Paul the Apostle Elementary School, renovations to the Slidell Housing Authority Building, and renovations to the Salvador Liberto Jefferson Parish Office Building.

"These new contract awards, and the significant increase in work this year in New Orleans, reflect the increasing activity surrounding the rebuilding of Louisiana and the surrounding areas," said Scott Sewell, Chairman of HSRLA. "While the Company has diversified its business through its participation in large new multi-use construction projects so that it is no longer reliant on money flowing to the Gulf Coast for rebuilding efforts, Louisiana and the nearby areas still represent significant long-term potential for growth. Construction and renovations in the region are still just ramping up and should represent continued growth opportunities."

About Home Solutions of America, Inc.

Home Solutions of America, Inc. is a provider of restoration, construction and interior services to commercial and residential customers. Its Fireline subsidiary is involved in providing construction services, rebuilding, catastrophic storm response and contents restoration for commercial, industrial and residential properties. Based in Tampa, Fireline is certified in multiple aspects of the restoration industry, including smoke, fire, water and mold. The Company has operations in California, Texas, Florida, Alabama, Georgia, Louisiana, Mississippi, North Carolina , New York and Washington. Home Solutions Restoration of Louisiana, Inc., which also does business as Associated Contractors ("Associated"), is a Louisiana based commercial, industrial and residential contractor working in the governmental and private arenas. Associated has been one of the larger players in redeveloping public schools in the aftermath of Hurricane Katrina. Its clients include the State of Louisiana, the City of New Orleans, the Louisiana National Guard, the historic French Market and Louis Armstrong International Airport. For additional information, please visit the Company's Web site at http://www.hsoacorp.com.

Cautionary Notice

This press release contains forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws. Such forward-looking statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to them. The Company has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements based on a variety of factors. These risks and uncertainties include, but are not limited to, the Company's future financial performance, business prospects, ability to win new contracts, the performance under existing contracts, the timing of completion of projects, ability to secure bonding, ability to secure labor in markets where it does not have a labor force, performance of subcontractors, delays related to weather, ability of government entities to fund certain projects and the ability to collect accounts receivable. In addition, there can be no assurance that the actions taken or to be taken by the Company as described herein will result in increased revenues. Other important factors are described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2006 in the section entitled "Risk Factors" and in the Company's other filings with the SEC.

SOURCE: Home Solutions of America, Inc.

Home Solutions of America, Inc., Dallas
Matt Kreps, 214-623-8486

Copyright Business Wire 2007

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As of Thursday, 08-23-2007 23:59, the latest Comtex SmarTrend® Alert,
an automated pattern recognition system, indicated an UPTREND on
06-07-2006 for HOM @ $14.99.

As of Thursday, 08-23-2007 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated a DOWNTREND on
06-15-2007 for HSOA @ $5.99.

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