HOLLYWOOD, Fla., Nov. 29, 2006 (PRIME NEWSWIRE) -- TOUSA (NYSE:TOA) announced today that it will be presenting at the New York Society of Security Analysts (NYSSA) 10th Annual Homebuilding Conference on Wednesday, December 6, 2006. The presentation by Randy L. Kotler, Chief Accounting Officer and Interim Chief Financial Officer, is scheduled to begin at 1:00 p.m. ET.
The conference is being sponsored by the NYSSA and will provide a broad overview of the current state of the homebuilding industry. Seven of the nation's largest homebuilders will be presenting and experts from Freddie Mac, UBS, Citigroup, and other firms will be leading panel discussions on their expectations for the homebuilding industry.
A live broadcast of TOUSA's presentation will be available via the Internet. Interested parties are invited to participate by logging onto www.tousa.com and clicking on the link to the presentation, which will be on the website's homepage. Those interested in listening to the live webcast are encouraged to go to the site at least 15 minutes prior to the event to register and download the necessary software.
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.
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This press release contains forward-looking statements. The Company wishes to caution readers that certain important factors may have affected and could in the future affect the Company's actual results and could cause the Company's actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company. This press release is qualified in its entirety by cautionary statements and risk factor disclosure contained in the Company's Securities and Exchange Commission filings, including the Company's report on Form 10-K for the year ended December 31, 2005, filed with the Commission on March 10, 2006 and TOUSA's report on Form 10-Q for the quarter ended September 30, 2006, filed with the Commission on November 14, 2006.