TOUSA Postpones 2005 Third Quarter Earnings Announcement


HOLLYWOOD, Fla., Oct. 31, 2005 (PRIMEZONE) -- Technical Olympic USA, Inc. (NYSE:TOA) announced today that the Company is postponing its 2005 third quarter earnings press release and subsequent conference call due to loss of power and communications from the impact of Hurricane Wilma. Originally scheduled for Wednesday, November 2, the Company's third quarter earnings will be announced on Tuesday, November 8 after market close, followed by the earnings conference call on Wednesday November 9 at 11 a.m. Eastern Time.

Dial-In Information

Please dial (866) 362-4666 (domestic) or (617) 597-5313 (international) and use the pass code 77354884. Participants must dial in 5 to 10 minutes prior to the scheduled start time for registration.

Web Cast Information

This call is being web cast by CCBN and can be accessed through the Company's web site at www.tousa.com. Please allow 15 minutes prior to the call to download and install any necessary audio software.

Replay Information

If you are unable to participate on the call, a replay will be available starting at 1:00 p.m. Eastern Time on November 9 and will run through 12:00 a.m. Eastern Time on November 23. The replay telephone numbers are (888) 286- 8010 (domestic) and (617) 801-6888 (international) and the code is 31683625.

Technical Olympic USA, Inc. ("TOUSA") is a leading homebuilder in the United States, operating in 16 metropolitan markets located in four major geographic regions: Florida, the Mid-Atlantic, Texas, and the West. TOUSA designs, builds, and markets high-quality detached single-family residences, town homes, and condominiums to a diverse group of homebuyers, such as "first-time" homebuyers, "move-up" homebuyers, homebuyers who are relocating to a new city or state, buyers of second or vacation homes, active-adult homebuyers, and homebuyers with grown children who want a smaller home ("empty-nesters"). It also provides financial services to its homebuyers and to others through its subsidiaries, Preferred Home Mortgage Company and Universal Land Title, Inc. For more information on TOUSA, please visit our website at www.tousa.com.

The Technical Olympic USA, Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1821



            

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