September 06, 2006 at 16:51 PM EDT
TOUSA Presentation at the 2006 Credit Suisse Homebuilder's Symposium to be Webcast

HOLLYWOOD, Fla., Sept. 6, 2006 (PRIMEZONE) -- Technical Olympic USA, Inc. (NYSE:TOA) announced today that it will be presenting at the 2006 Credit Suisse Homebuilder's Symposium on Monday, September 11, 2006. The presentation by Antonio B. Mon, Chief Executive Officer and President, is scheduled to begin at 3:30 p.m. Eastern Time.

A live broadcast of the Company'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.

Technical Olympic USA, Inc. ("TOUSA") is a leading homebuilder in the United States, operating in various metropolitan markets in 10 states 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

This press release may contain 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 and the Company's report on Form 10-Q for the quarter ended June 30, 2006, filed with the Commission on March 10, 2006 and August 8, 2006, respectively.

CONTACT:  Technical Olympic USA, Inc. 
          Hunter Blankenbaker, Director of Corporate Communications
          954-965-6606
          hblankenbaker@tousa.com
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