Technology Connections Files Schedule 14C With SEC to Merge With HouseRaising; Subject to SEC Review, Special Shareholders' Meet

Share Name	Share Symbol	Market	Type
TLGY Acquisition Corporation	NASDAQ:TLGY	NASDAQ	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.006	0.05%	11.49	11.15	11.63	11.49	11.49	11.49	1,334	01:00:00

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Technology Connections Files Schedule 14C With SEC to Merge With HouseRaising; Subject to SEC Review, Special Shareholders' Meeting Set for May 21 to Approve Merger, New Board and Name Change CHARLOTTE, N.C., April 22 /PRNewswire/ -- Technology Connections, Inc. (BULLETIN BOARD: TLGY) announced today that it has filed a Schedule 14C with the Securities and Exchange Commission concerning its planned merger with HouseRaising, Inc., based in Charlotte, North Carolina. The Schedule 14C details the merger, pro forma consolidated financials, the new Board of Directors and the change of the company's name to HouseRaising, Inc. A special shareholders' meeting is tentatively scheduled for Friday, May 21, 2004 to approve the merger, name change and the new board of directors, subject to SEC review. "Based on the audited financials, the merger results in an immediate increase in net assets to more than $7 million, which is very positive news for shareholders," said Bob McLemore, chief executive officer of HouseRaising. He explained that HouseRaising provides shareholders an opportunity to take part in a growth-oriented business that is changing the "old-way" residential home design/build projects are conducted into well-organized regional operations with Internet-based support and management processes. "HouseRaising creates revenues both from selling, designing and building homes for homebuyers through regional operations and from our Internet-based design/build management process available online to buyers and builders nationally," he said. "Initially, we will focus operations on completing the Internet system and on regional companies in North and South Carolina. Later this year and into 2005, we will expand sales through our programs provided on the Internet and through regional design centers outside the Carolinas as we aggressively broaden our market base. We will also grow through strategic acquisitions." He noted that the home building industry is enjoying record sales and has done so for close to a decade. "While we believe the current 5% mortgage rates will likely rise a percentage point during 2004, it is unlikely that rates will rise above the 6% -- 7% target rate in the near future," McLemore said. "As short-term rates rise with the pick up in the GDP, long-term rates, used to set mortgage rates, may remain level or even dip lower. Whatever the outcome, we believe home building in general should remain brisk through 2010. More importantly for HouseRaising and our shareowners, the design/build segment of our niche in the home building industry is less dependent on interest rates than other sectors." Go to http://www.houseraising.com/ for more information on HouseRaising. Statements in this press release regarding the expansion of the Company's operations are forward-looking statements. Words such as "expects," "intends," "anticipates," and "likely" also identify forward-looking statements. Actual results may differ from such forward-looking statements as a result of a number of factors and there is no guarantee that the Company will realize such results. HouseRaising, Inc. is a development stage company which has just begun to implement its business plan. For further information, please contact Carl Thompson, Principal, , or Cheryl Swanson, Asst. Account Executive, , both of CTA Public Relations, +1-303-665-4200, for HouseRaising, Inc. DATASOURCE: HouseRaising, Inc. CONTACT: Carl Thompson, Principal, , or Cheryl Swanson, Asst. Account Executive, , both of CTA Public Relations, +1-303-665-4200, for HouseRaising, Inc. Web site: http://www.houseraising.com/

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