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Hamptons Luxury Homes to Present at Long Island Investment Banking Group; Group of Financial Professionals Manages over $2 Billion of Assets
BRIDGEHAMPTON, N.Y., May 16, 2006 (BUSINESS WIRE)

Hamptons Luxury Homes, a nationally recognized and award winning luxury homebuilder of custom estate homes, announced it will make a formal presentation to the Long Island Investment Banking Group at a dinner meeting, Tuesday, May 16.

Mr. Roy Dalene, Hamptons Luxury Homes president and CEO, said, "We are looking forward to presenting the Company before the Long Island Investment Banking Group, especially since they are close to our corporate headquarters in Bridgehampton. We strive, as a public Company, to have as much information as possible available to investors, shareholders and the financial community. Speaking before this group of investment professionals, comprised of investment bankers, money managers, analysts, and brokers is part of our strategy to be proactive in our investor and public relations effort."

Our extensive expertise enables us to build luxury homes in a manner that differentiates us from other home builders. One of our key growth strategies is the anticipated expansion of the Hamptons Luxury Homes brand on a national scale, broadening our reach outside our current regional Long Island market. We believe the luxury home market is enjoying excellent growth, is much less dependent on broader economic factors than traditional homebuilders, and is under-served by a fragmented group of regional homebuilders. These factors are foremost in why we are excited about the future of the Company and its shareholders," concluded Mr. Dalene.

About Hamptons Luxury Homes
Hamptons Luxury Homes www.hlxhomes.com is a regional homebuilder of custom estate homes with operations in Bridgehampton, New York. Founded in 1978, HLXH is a nationally recognized and award winning luxury homebuilder. Awarded "Custom Builder of the Year" by Custom Builder Magazine in 1998, the Company maintains an industry leading reputation for construction of luxury vacation homes from foundation to completion, with values ranging up to $50 million. HLXH utilizes the industry's most innovative methods, and ultra-high quality materials, to create the ultimate in aesthetic appeal. HLXH management has extensive experience in the homebuilding industry and has successfully completed more than 500 projects.
Standard & Poor's Market Access Program. Investors can access from S&P comprehensive Company information free of charge, including current stock data, profile, financial filings and management section. The web site can be accessed by the following URL: http://reports.standardandpoors.com/aidata/maccess/h/hlxh_426517_one.htm (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.).

Certain statements in this news release may contain forward-looking information within the meaning of Rule 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 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.

SOURCE: Hamptons Luxury Homes
Hamptons Luxury Homes, Inc. Roy Dalene, 631-537-1600 ext. 115 roy@telemarkinc.com or ROI Group Associates Robert Giordano, 212-495-0201 rgiordano@roiny.com Copyright Business Wire 2006
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“The home's final polish reflects the close working relationship between architect, builder and client.”
— Custom Builder Magazine, 1998