National Storm Continues Recovery with Second Quarter Results

  
    
  
  
    
      National Storm Management continued its track of improvement with the 
      release of earnings for the quarter ended June 30, 2008. The second 
      quarter operating loss was $325K compared to $453K in the first quarter 
      of 2008 and $1.3 million in the second quarter of 2007. The operating 
      loss was the lowest in the last three years as the Company continues its 
      rebuilding process after surging growth in 2004 and early 2005.
    
    
      “We are very pleased with the progress that we 
      have made,” said Terry Kiefer, the Company’s 
      President and Chief Executive Officer. “We 
      have gone to great lengths to right-size this Company and wrap up 
      unprofitable operations. Going forward, we will concentrate on adding 
      one or two additional locations and make sure we are running as 
      efficiently as possible,” said Kiefer. “Our 
      Atlanta location is solid and will be one of our strengths through 2009 
      and beyond. The Atlantic hurricane season has been extremely active and 
      our Florida and Georgia operations are currently tracking three named 
      storms that have possible East Coast ramifications. We are more prepared 
      than ever to help these areas recover if a storm should hit. After 
      achieving consistent profitability and eliminating our debt, our growth 
      strategy will still include acquisitions,” 
      Kiefer concluded.
    
    
      About National Storm Management, Inc.
    
    
      National Storm Management (Other OTC:NSMG.PK 
      - News) is a 
      national construction company headquartered in Glen Ellyn, Illinois 
      providing storm restoration services in six states. Its operating 
      affiliates include: ABC Exteriors (Illinois, Indiana and Kentucky); 
      Pinnacle Roofing (Florida and Georgia); and First Class Roofing and 
      Siding (Ohio). The company and its affiliates are recognized by all 
      major insurance companies such as State Farm, Allstate, Farmers and 
      others for storm related claims. The company is a member of the National 
      Roofing Contractors Association (NRCA) and the Better Business Bureau. 
      More information is available at www.nationalstorm.com.
    
    
      Forward-Looking Statements
    
    
      Certain statements included in this press release may constitute 
      forward-looking statements. These forward-looking statements relate to, 
      among other things, plans and timing for the introduction or enhancement 
      of our services and products, statements about future market conditions, 
      financial performance, plans to update a registration statement with the 
      SEC, and other expectations, intentions and plans contained in this 
      press release that are not historical fact and involve risks and 
      uncertainties. Our expectations regarding future revenues depend upon 
      our ability to develop and supply products and services that meet 
      defined specifications. When used in this press release, the words 
      "plan," "expect," "believe," and similar expressions generally identify 
      forward-looking statements. These statements reflect our current 
      expectations, but actual results could differ materially as a result of 
      many factors, including, but not limited to, severe weather conditions 
      and the physical damage caused by hail storms and hurricanes, 
      fluctuations in interest rates and the resulting impact on financing 
      costs, general economic developments in the states where we do business, 
      availability of labor, materials and supplies, our ability to execute 
      our future growth plans and our ability to timely and accurately prepare 
      quarterly and annual financial statements. Forward-looking statements 
      are made as of this press release and we do not undertake any obligation 
      to provide updates to such statements except where required to so by law.