HESV Home Energy Savings Corp (CE)

Home Energy Savings Corp. (Pink Sheets:HESV) announced today the sale of one of its subsidiaries, American Air Network Alaska (AANA) for $100,000. The terms of the transaction include $25,000 in cash and a Secured Promissory Note in the amount of $75,000. Bruce Edwards, CEO of the Company, stated, "The AANA subsidiary is no longer a part of our core business and it makes perfect sense for us to divest the asset at this time. The sale represents a break from the company's past, and allows us to focus on our core business plan. The proceeds will be used to further strengthen our marketing efforts in the home improvement market." About Home Energy Savings Corp. - Home Energy Savings Corp. focuses on the sales and installation of energy-efficient home improvement products. As part of a licensing agreement, Home Energy Savings Corp. markets its products under the name DreamHome Solutions, Inc. Through its subsidiary, Aim American Mortgage, Inc., the Company also creates cross-selling opportunities by offering home owners a broad range of mortgage services and home improvement financing options. All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this press release. While Home Energy Savings Corp. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Home Energy Savings Corp.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Home Energy Savings Corp.'s filings with the Securities and Exchange Commission.