HOM LifeGoal Home Down Payment Investment ETF

Home Solutions of America, Inc. (Amex: HOM; the "Company" or "Home Solutions"), a provider of recovery, restoration and rebuilding/remodeling services, announced today that its subsidiary, Home Solutions Restoration of Louisiana Inc. (HSRLA), has been awarded a contract worth up to $20 million, to provide infrastructure support for a Fortune 1000 construction and engineering company. The Time and Materials agreement will require HSRLA to provide up to 200 ground labor personnel with various disciplines to assist the Fortune 1000 company with the on-going rebuilding efforts associated with Hurricane Katrina in and around the New Orleans area. Home Solutions will serve as a subcontractor. Work under the agreement has commenced. "The next wave of the aftermath of Hurricanes Katrina and Rita are finally seeing the funding necessary to rebuild these communities," said Frank J. Fradella, Chairman and CEO of Home Solutions. "We believe many of the Company's subsidiaries will be a part of this rebuilding process as opportunities become even more prevalent in the second half of 2006 and beyond. We are pleased that this industry leader has selected us to participate in this portion of the rebuilding process." Home Solutions is a provider of recovery, restoration and rebuilding/remodeling services to commercial and residential areas that are (i) prone to flooding, hurricanes, tornados, fires or other naturally occurring and repetitive weather related emergencies; and/or (ii) experiencing robust housing development. The Company has operations in California, Texas, Florida, Alabama, Georgia, Louisiana, Mississippi and South Carolina through its five subsidiaries, Cornerstone Building and Remodeling, Southern Exposure, P.W. Stephens, Home Solutions Restoration of Louisiana and Fiber Seal Systems. Cornerstone is a leading supplier and installer of granite materials for kitchens and baths to national home centers, as well as national builders and remodeling companies, in the southeastern United States. Southern Exposure and related companies is a manufacturer and installer of cabinet and countertop services in the Florida marketplace. P.W. Stephens provides mold and asbestos remediation services, and fire and water restoration services in California, Florida and Louisiana. Home Solutions Restoration of Louisiana provides Recovery Restoration Services in Florida, Louisiana, Mississippi and Texas and Fiber Seal Systems is a national licensor of cleaning and fabric protection businesses. For more information on Home Solutions, please see the Company's website at http://www.homcorp.com. Statements included in this update that are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the Company's reports filed with the SEC.