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Technology Stocks : HOMS Homestore.com

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To: puborectalis who wrote (43)6/1/2000 12:05:00 PM
From: puborectalis  Read Replies (1) of 505
 
HomeBuilder.com(TM), Part of the Homestore.Com(TM) Family of Web Sites, AndBeazer Homes USA Enter into a National Agreement Homestore.com's(TM)Category-leading 'New Homes' site Provides Consumer Access to More Than 250Communities from One of The Nation's Largest Homebuilders viaHomeBuilder.com(TM)
Thu Jun 01 09:01:00 EDT 2000

DALLAS, Jun 1, 2000 /PRNewswire via COMTEX/ -- Homestore.com, Inc. (Nasdaq:
HOMS), the Internet's leading home and real estate network, has announced that
HomeBuilder.com(TM), the most-trafficked new homes site on the Internet and part
of the Homestore.com(TM) family of Web sites, has reached a national agreement
with Beazer Homes USA (NYSE: BZH) (www.beazer.com), one of the nation's top ten
single family home builders, to feature all of Beazer Homes' 250 communities on
HomeBuilder.com(TM).

Under the agreement, HomeBuilder.com(TM) will display all new home inventory for
Beazer properties, including pricing, floor plans, elevations, and driving
instructions, located in more than 30 markets across the country. Interested
home shoppers will also be able to request additional information directly from
Beazer sales representatives by using an automated e-mail response system while
viewing Beazer's homes on HomeBuilder.com(TM).

"The Internet has dramatically changed the way our industry operates," said Ian
McCarthy, CEO of Beazer Homes. "We are totally committed to focus our marketing
online, and we believe that a more robust relationship with HomeBuilder.com can
help us to better accomplish this," McCarthy added. "HomeBuilder.com is an
industry leader and is affiliated with some of the strongest distribution and
content partners on the Internet. We are very excited to have them on our team."

Beazer Homes USA, according to Builder Magazine, ranks seventh in the nation in
total single family closings, with more than 7,800 closings and $1.4 billion in
gross revenues for 1999. The Atlanta-based builder operates in more than 30
markets in 13 states in the Southeast, Mid-Atlantic, Central and Southwest
regions of the United States.

"Our mission is to help our partners sell more homes. By bringing together the
country's best builders and the largest collection of online home shoppers, we
are making that mission a reality," said Allan Merrill, president of
HomeBuilder.com. "Beazer is an industry leader, well known for delivering
quality homes and superior value. By adding their new home communities to our
site, we will definitely enhance our consumers' online shopping experience,"
Merrill added.
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