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Home Solutions of America, Inc. (Amex: HOM); (the "Company" or "Home Solutions"), a provider of recovery, restoration and rebuilding/remodeling services, announced today that it has been awarded two contracts, each worth up to $20 million, by C&B Services ("C & B"), a nationally recognized leader in the restoration and rebuilding services industry, to perform, as a sub-contractor, services in connection with the rebuilding of areas affected by Hurricanes Katrina, Rita and Wilma. The agreements represent the initial portion of work surrounding multi-year rebuilding and build back activities between the parties. The work under the agreements is expected to commence immediately, and is anticipated to be completed during 2006. C&B awarded an initial contract valued at up to $20 million to the Company's Florida Environmental Restoration Services, Inc. ("FERS") unit and a second agreement, valued at up to $20 million, to Home Solutions Restoration of Louisiana, Inc. Founded in 1996 and based in Beaumont, Texas, C&B has been involved in the wind, fire and water restoration business, and as a result of the hurricanes in 2004 and 2005, became a full service provider of disaster recovery services. "We are pleased that C&B, a company that FERS began to work with informally last year, has elected to significantly expand the relationship between the companies and enter into a formal arrangement," said Frank Fradella, Chairman and CEO of Home Solutions. "The devastation in Florida, Louisiana and Mississippi from the three hurricanes was so great that only now are the authorities beginning to deploy the resources necessary for the cleanup and recovery in the area. While we had been preparing for a portion of the work under these agreements to commence for several months, we are pleased that C&B has elected to significantly expand the role that Home Solutions will play in these high-profile projects and look forward to working closely with them in our role as a sub-contractor." "Due to the success of our the relationship that we developed last year in seamlessly delivering our restoration and recovery services to customers under highly challenging conditions, we have elected to expand our relationship with Home Solutions, and its subsidiaries in Florida and Louisiana," said Troy Crochet, President of C&B. "The problems created by these devastating hurricanes have created a tremendous amount of work over the coming years, and we look forward to further expanding our relationship with Home Solutions to meet the ongoing needs of our customers." About C&B Services C&B is a leading national provider of recovery, restoration, and rebuilding services. Founded in 1995, C&B has grown into one of the largest restoration companies in Southeast Texas with offices in Houston and Port Neches. The company has played a leading role in providing restoration and recovery services in Hurricanes Rita, Wilma and Katrina. The company also provides emergency planning, coordination, and response to catastrophic losses. C&B is a network member of Disaster Kleenup International, a cooperative business network of the top independent restoration companies across North America. This network represents the most experienced, highly informed, and best equipped companies in the restoration industry. Home Solutions is a provider of recovery, restoration and rebuilding/remodeling services to commercial and residential areas that are (i) prone to flooding, hurricanes, tornados, fires or other naturally occurring and repetitive weather related emergencies; and/or (ii) experiencing robust housing development. The Company has operations in California, Texas, Florida, Alabama, Georgia, Louisiana, Mississippi and South Carolina through its five subsidiaries, Cornerstone Building and Remodeling, Southern Exposure, P.W. Stephens, Home Solutions Restoration of Louisiana and Fiber Seal Systems. Cornerstone is a leading supplier and installer of granite materials for kitchens and baths to national home centers, as well as national builders and remodeling companies, in the southeastern United States. Southern Exposure and related companies is a manufacturer and installer of cabinet and countertop services in the Florida marketplace. P.W. Stephens provides mold and asbestos remediation services, and fire and water restoration services in California, Florida and Louisiana. Home Solutions Restoration of Louisiana provides Recovery Restoration Services in Florida, Louisiana, Mississippi and Texas and Fiber Seal Systems is a national licensor of cleaning and fabric protection businesses. For more information on Home Solutions, please see the Company's website at http://www.homcorp.com. Statements included in this update that are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the Company's reports filed with the SEC.