Hamptons Luxury Homes Announces Charter Members of Newly-formed Hamptons Green Alliance

Bridgehampton, NY (2/21/08) – Eastern Long Island companies recognized as leaders in green building practices have joined together in what is believed to be one of the first alliances of building contractors dedicated to providing information to consumers on how to make their homes environmentally-friendly. Hamptons Luxury Homes (OTCBB:HLXH) and its wholly-owned subsidiary Telemark Inc., a luxury homebuilder on Long Island, today announced the charter members of the recently-launched Hamptons Green Alliance.

In addition to Telemark, Inc., the charter members of the Alliance are:

-- Connected Hearth, a supplier and installer of intelligent security and automation systems that allow homeowners to monitor and control their homes’ security, heat or air conditioning, indoor or outdoor lighting and any other system remotely through the Internet.

-- Delfino Insulation Company, Inc., a supplier and installer of energy efficient insulation systems, as well as a provider of foundation waterproofing, manufactured fireplaces, closet systems, and cultured stone.

-- Flanders Heating and Air Conditioning, Inc., a company that designs, engineers and installs complete efficient comfort systems for homes.

-- Sun Stream USA, a full service renewable energy product and service provider, that designs and installs state-of-the-art solar electric, solar hot water, solar pool heating, wind powered and geothermal systems for residential and commercial clients.

-- Treewise, the leader in 100% organic ecological landscape management programs. They work with landscape designers, planners and architects to establish sustainable systems that support the life, beauty and health in the landscape.

“Each of us is recognized individually for a commitment to the environment as a result of our individual areas of expertise. We have come together to form this Alliance to respond to the need for pragmatic educational tools, leadership and resources to help consumers in their quest to make their homes ‘green’,” said Frank Dalene, president of Telemark Inc., which has acted as the organizer for the Alliance.

The Hamptons Green Alliance has been formed to provide its members and the general public with resources for and exchange of practical information and ideas concerning materials, systems, best practices and the benefits of sustainable green living. The goal of the Alliance is to provide the information to build zero energy and carbon neutral footprint homes. The Alliance will soon launch two websites: energyfreeliving.com and hamptonsgreenliving.com, both of which are expected to provide specific material in meaningful ways to encourage consumers to incorporate sustainable green building components in the building of their homes. “We hope that from the very beginning, homeowners and their contractors can incorporate sustainable green building elements into their construction and remodeling plans, rather than relegating these energy-saving techniques to afterthoughts once construction has begun,” said Dalene.

Hamptons Luxury Homes (www.hlxhomes.com) is a regional construction services company that builds and maintains custom homes, luxury vacation homes and ultra-luxury estate homes throughout the eastern end of Long Island, New York, with its principal offices located in Bridgehampton, New York. The Company’s wholly-owned subsidiary, Telemark Inc. is a nationally recognized and award winning ultra-luxury homebuilder. The Company maintains an industry leading reputation for construction of luxury vacation homes from foundation to completion, with values ranging up to $50 million. Hamptons Luxury Homes combines ultra-high quality materials with superb old-world craftsmanship to create the ultimate in luxury homes with outstanding aesthetic appeal. Already a recognized and well-established entity in the exclusive environs of the Hamptons on Long Island, the company intends to expand into similar luxury markets in the United States. The Company’s wholly-owned subsidiaries include: Telemark Service and Maintenance, providing ongoing property management, maintenance and services; Bridgehampton Lumber Corp., supplying building materials and an independent dealer of The Barden & Robeson Corporation; DWD Construction Services, which performs construction administration and advisory services in connection with the construction of homes and business development of major commercial projects; Architectural Woodwork of the Hamptons, LLC, which manufacturers and installs custom millwork, custom cabinetry, custom built-ins and furniture.

Certain statement sin this news release may contain forward-looking information within the meaning of Ru8le 175 under the Securities Act of 1933 and Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including without limitation, statements regarding the potential future plans and objectives of the Corporation, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Contact:         Beverly Jedynak
                        Martin E. Janis & Company, Inc.
                        312-943-1123
                        bjedynak@janispr.com