Wilson Holdings, Inc. Closes on Credit Facility of up to $100 Million

AUSTIN, Texas, July 16  /PRNewswire-FirstCall/ -- Wilson Holdings, Inc. (AMEX:WIH) today announced it closed on a credit facility of up to $100 million.  The credit facility will be used for acquisition and development of land, residential lots and construction of homes.  The credit facility is led by RBC Centura, Franklin Bank and IBC Bank for a total commitment of $55 million.

"We appreciate the confidence that the lenders have shown in the company and the ability to perform on our business goals. This credit facility will allow the company to move forward with its strategic growth plan to bring green homebuilding to the masses," said Clark Wilson, President and Chief Executive Officer.

IBC Austin President Bob Barnes spoke of the bank's long standing relationship with Wilson.

"We are pleased to be a participant in the new credit facility.  As a community based bank -- we are committed to the Central Texas market and to the growth and success of our customer base.  Clark Wilson has an extensive track record as a successful homebuilder and we have confidence in Clark and the management team he has assembled.  We look forward to an expanded relationship with Wilson Holdings and providing the necessary support for continued growth," said Barnes.

About Wilson Holdings, Inc., Wilson Family Communities, Inc. and Green Builders, Inc.

Wilson Holdings, Inc. is the parent company and sole stockholder of Wilson Family Communities, Inc., an Austin, Texas-based company that acquires, develops, manages and markets residential communities in the Central Texas region, and Green Builders, Inc., an Austin, Texas-based residential homebuilding company.  To learn more about Wilson Holdings, Inc., Wilson Family Communities, Inc. and Green Builders, Inc., please visit the company's web site at http://www.wilsonfamilycommunities.com/.

Safe Harbor Statement

This press release may contain forward-looking statements.  Undue reliance should not be placed on the forward-looking statements, which speak only as of the date of this news release.  Important factors that could cause actual results to differ materially from such forward-looking statements are described in the most recent SEC filings of Wilson Holdings, Inc., including its Annual Report on Form 10-KSB and its Quarterly Reports on Form 10-QSB. Wilson Holdings, Inc. undertakes no obligation to publicly update any forward- looking statements. 

DATASOURCE: Wilson Holdings, Inc.



CONTACT:  Clark Wilson of Wilson Holdings, Inc., [phone],





Web site:  http://www.wilsonfamilycommunities.com/ 

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