SOURCE: HouseRaising, Inc.

November 04, 2005 10:50 ET

In Support of Its Gulf Coast Initiative, HouseRaising Expands Offices in Charlotte, Files 8K With SEC

Expanded Facilities to Accommodate Gulf Coast Support Staff and Become Home Offices for Affiliated Craftsman Builders and Vendors Operating in North and South Carolina

CHARLOTTE, NC -- (MARKET WIRE) -- November 4, 2005 -- HouseRaising, Inc., (OTC BB: HRAI) ("HouseRaising" or the "Company") Greg Wessling, HouseRaising's Chairman and CEO, announced today that the company filed an 8K with the SEC, listing details of an agreement entered into for expanded offices and a sales center in Charlotte, North Carolina.

"The center located at 4801 East Independence Blvd. will continue to serve as corporate headquarters for HouseRaising, Inc. and HouseRaisingAcademy," stated Mr. Wessling. "By increasing our floor space to include the full second floor, we can accommodate the estimators and designers recruited to support our recently announced Gulf Coast initiative. The additional space will also provide product display areas needed to support operations in North and South Carolina."

Greg Wessling, stated, "The idea of building a national company consisting of craftsman builders and discriminating homeowners began as Bob McLemore's dream in early 2000. Bob's vision is now our vision. The Company is committed to developing a business focused on linking small builders and vendors with homeowners in designing and building special homes the HouseRaising way. The Charlotte sales center and support office is a key part of our business plan, functioning as home-office to hundreds of small craftsman builders and vendors."

Mr. Wessling went on to say, "We have been working around the clock getting HouseRaising ready to function as a managed service provider in the design/build industry. What this means to our shareholders is by year end, HouseRaising will be creating revenues as part of its exciting business plan. The unexpected opportunity to assist homeowners in the Gulf Coast area happens to be a perfect fit for our business plan and offers a unique rebuilding benefit for the owners of the damaged homes."

About HouseRaising, Inc.: HouseRaising is a gathering of people in a community to help one of its members build a house.

What We Are: Functioning exclusively in the custom homebuilding arena, HouseRaising, Inc. is a Managed Service Provider that will revolutionize the way custom homes are designed and built by small homebuilders.

The Amish and other early Americans learned to depend on each other and work together to complete challenging projects like building a house. Those community efforts were led by a team leader, managing the project. However, in today's homebuilding environment, without the team leader, the building of a customer's dream home has become a complex undertaking that most homeowners describe as costly and unpleasant. Today, HouseRaising is that team leader -- operating as a 21st century company focused on recreating the proud tradition of organizing groups of experts to help customers design and build unique homes.

What We Do: Performing the role of "General Manager," HouseRaising manages design and build projects with services that improve the quality of the home and the homebuilding experience. Depending on the design structure selected by the homeowners, HouseRaising can lower the home's total costs by up to 10%. By providing managed services to homebuyers, builders and vendors, HRI turns complicated custom home and renovation projects into financially sound and fun endeavors.

How We Do It: Operating from a national control center and zone design centers located throughout the country, HouseRaising personnel utilize a patent-pending process to define and manage every step in designing and building custom homes.

HouseRaising sells its managed services to both the home buyer and the home builder. Because HouseRaising does not compete with custom homebuilders as a competitive builder, and because HouseRaising does not share in the builder's profits, the company's approach of linking builders, buyers and vendors into a single contract for services represents the interest of homebuyers, vendors and builders alike. Homebuyers who have selected a local builder as well as buyers who seek a quality builder to build their home can contract with HRI to manage the project for both of them.

Our Market Potential: Of the 500,000 custom-home projects built by 250,000 small builders in America each year, every one of them could benefit from HouseRaising's managed services. HouseRaising sells its services through a two -- channel marketing and sales approach. Channel #1: HRI approaches the small custom builder who has existing buyer clients who need HouseRaising's services. Channel #2: HouseRaising markets its services directly to homebuyers who need quality builders for their projects.

For more information, please visit our website at http://www.HouseRaising.com/.

CERTAIN INFORMATION CONTAINED IN THESE MATERIALS IS "FORWARD-LOOKING" INFORMATION, SUCH AS PROJECTIONS, ESTIMATES, PRO FORMAS, OR STATEMENTS OF INTENTIONS, EXPECTATIONS OR PLANS. ALL FORWARD-LOOKING INFORMATION IS SUBJECT TO KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, MANY OF WHICH ARE OUTSIDE OF THE CONTROL OF THE COMPANY. CONSEQUENTLY, ACTUAL RESULTS MAY, AND PROBABLY WILL, DIFFER MATERIALLY FROM THE RESULTS CONTEMPLATED IN SUCH FORWARD-LOOKING INFORMATION.

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