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Home Solutions to Announce First Quarter Results on May 23rd;
Company Expects to Report Record First Quarter Results at That Time
DALLAS, May 13 /PRNewswire-FirstCall/ -- Home Solutions of America, Inc.
(AMEX:HOM), a niche provider of specialty residential services, announced today
that it will file for an automatic extension of time to file its 10-Q for the
first quarter ended March 31, 2005. The Company now expects to report first
quarter results on May 23rd and to hold a conference call and webcast at that
time. The delay in filing is due to the additional time needed to complete the
audit of Cornerstone Building and Remodeling, Inc., which the Company acquired
on March 31, 2005.
The Company expects to report record first quarter revenue and earnings when it
releases its quarterly results on May 23.
Home Solutions is a niche provider of specialty residential services including
Restoration and Specialty Interior Services. The Company has operations in the
California, Texas, Florida, Alabama, Georgia and South Carolina markets through
its four subsidiaries, Cornerstone Building and Remodeling, Southern Exposure,
P.W. Stephens 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 provider of
cabinet and countertop installation services in the Florida marketplace. P.W.
Stephens provides mold and asbestos remediation services, and fire and water
restoration services in California and Florida, and Fiber Seal Systems is a
national franchise 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.
HOME SOLUTIONS OF AMERICA, INC.
CONTACT: Cormac Glynn, CEOcast, Inc.
Phone: 212 732 4300
DATASOURCE: Home Solutions of America, Inc.
CONTACT: Cormac Glynn of CEOcast, Inc., +1-212-732-4300, for Home
Solutions of America, Inc.
Web site: http://www.homcorp.com/