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| For immediate release: For product information: |
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ALL AMERICAN HOMES, LLC. |
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DECATUR, Ind. All American Homes, LLC today continued its commitment to environmentally friendly systems-built housing with the delivery and assembly or “set” of the home for the exhibit Smart Home: Green + Wired, Powered by ComEd and Warmed by Peoples Gas, opening at the Museum of Science and Industry in Chicago, Ill. on May 8, 2008. All American Homes built the fully functional “green” home, designed by Michelle Kaufmann Designs, which will be on exhibit on the east lawn of the Museum grounds. The exhibit will run through January 4, 2009.
Showcasing exciting new directions in sustainable living and environmentally friendly technology, the Smart Home: Green + Wired exhibit will offer guests a view into the latest innovations in reusable resources, smart energy consumption and clean, healthy-living environments in a contemporary setting within the 2,500 square-foot home and surrounding gardens and grounds. Michelle Kaufmann Designs conceived the home and worked closely with the engineering and manufacturing team at the All American Homes manufacturing facility in Decatur, Ind. to complete this custom home. The design, called the mkSolaire, was built for an urban environment and features inviting, family-friendly interior architecture. The home will demonstrate the benefits of energy-efficient heating, ventilation and air-conditioning systems and earth-friendly building components to create a healthy living environment. The seven modules, five comprising the house and two modules making up the garage, were manufactured at the All American Homes’ construction facility in Decatur, Ind. On February 11, the custom house was “test fit” or “soft set” at the factory prior to being transported to the Museum site where it will be set on its foundation. After the home is set in place using a crane, a process that can take one to two days depending on the weather, the finish interior work, furnishing and landscaping will be completed in preparation for the opening of the Smart Home: Green + Wired exhibit on May 8, 2008. Quality Assurance Manager on the project for All American Homes, Dwight Martin, spoke to the complexities of building an authentically “green” home, “This has been an exciting project in that many of the environmentally friendly materials and vendors specified by Michelle Kaufmann Designs to build this home were new to us. From roofing, to rain shield barriers, to tile flooring materials composed of recycled goods and even uniquely engineered floor joist systems, this project has provided us with a better understanding of what it really means to engineer and build an environmentally friendly home. Green building is the future for All American homes and we’ll take this experience forward,” said Martin. Rick Bedell, President of All American Homes, LLC, elaborated on the timing of the exhibit at the Museum of Science and Industry and the green initiatives that the Company is now undertaking, “We are honored to be the builder of the Smart Home: Green + Wired exhibit. We are in the midst of evolving as a company towards designing and building more environmentally friendly, energy efficient and sustainable products. We will continue these efforts throughout our company with the philosophy that being green is good for the environment and good for business.” Tickets for the Smart Home: Green + Wired exhibit, which opens May 8, 2008, are now on sale at www.msichicago.org. This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned not to place undue reliance on forward-looking statements, which are inherently uncertain. Actual results may differ materially from that projected or suggested due to certain risks and uncertainties including, but not limited to, the potential fluctuations in the Company’s operating results, increased interest rates the availability for floorplan financing for the Company’s recreational vehicle dealers and corresponding availability of cash to Company, uncertainties and timing with respect to sales resulting from recovery efforts in the Gulf Coast, uncertainties regarding the impact on sales of the disclosed restructuring steps in both the recreational vehicle and housing and building segments, the ability of the company to generate taxable income in future years to utilize deferred tax assets and net operating loss carry-forwards available for use, the impact of performance on the valuation of intangible assets, the availability and the price of gasoline, price volatility of raw materials used in production, the Company’s dependence on chassis and other suppliers, the availability and cost of real estate for residential housing, the supply of existing homes within the company’s markets, the impact of home values on housing demand, the impact of sub-prime lending on the availability of credit for the broader housing market, the ability of the Housing and Building Group to perform in new market segments where it has limited experience, adverse weather conditions affecting home deliveries, competition, government regulations, legislation governing the relationships of the Company with its recreational vehicle dealers, dependence on significant customers within certain product types, consolidation of distribution channels in the recreational vehicle industry, consumer confidence, uncertainties of matters in litigation, current litigation relating to and Congressional inquiry surrounding the Company’s use of components containing formaldehyde in its products, further developments in the war on terrorism and related international crises, oil supplies, and other risks identified in the Company’s SEC filings. |
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