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Market Positioning U.S. Remodelers, Inc., a subsidiary of U.S. Home Systems, Inc., (NASDAQ: USHS)(the “Company”) is the single largest seller of kitchen cabinet refacing, a niche market within the $35 billion kitchen remodeling industry. Qualified Remodeler, a leading trade publication, recognizes U.S. Remodelers as a leader in the industry and the recipient of its prestigious “Top Performer” award. Currently, U.S. Remodelers operates branch locations in 15 of the top 20 U.S. markets and has expanded its product offering to include bathrooms and replacement windows. With a 70,000 sq. ft. manufacturing facility located in Virginia, U.S. Remodelers competes with numerous contractors and home centers on reputation, price, workmanship and customer service. U.S. Home Systems, Inc. (USHS), shares are publicly traded on the Nasdaq exchange. Industry Overview Consumers spent as estimated $120 billion on home improvement projects in 2000, a 7% increase over 1999. Experts believe that expenditures for home improvements will continue to grow at 5%-7% per year as a result of (i) an aging housing inventory, (ii) a consistent rate of existing home sales, and (iii) aging baby-boomers who are attaining prime remodeling age. Business Strategy The Company’s mission is to maintain its industry leadership position as a specialty-product home improvement business. The Company plans to accomplish this objective through a combination of acquisitions, geographic expansion, enhanced product offerings and additional distribution channels. Furthermore, management believes it will be able to increase revenues by cross-selling additional remodeling projects to existing customer, thus permitting the Company to increase its “share of the customer” as well as its “share of the market”. USHS plans to enter into a joint venture with a lending institution that will provide customers with a convenient, affordable, and flexible financing facility. USHS also plans to develop an Internet site which can provide customers the ability to produce project designs, obtain customer service, generate prospects for the Company’s design consultants, list employment opportunities, and offer general information for customers, vendors, and shareholders. A Company you can depend on…with a name you can trust. Consumers will continue to demand the conveniences of a full-service company with the reliability of a trusted brand name for their home improvement needs. Under an exclusive license agreement, U.S. Remodelers, is authorized to market, sell, and install all approved products utilizing the “Century 21® Home Improvements” brand. Customers enjoy a full range of advantages and benefits-including in-home design and consultation, factory-direct pricing, flexible financing terms, professional installation and warranty protection. For more information, contact:
U.S. Remodelers, Inc.
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