New Homes Realty Hires I.T. Executive

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Tom Townsend to head I.T. at New Homes Realty.

We are excited to leverage his expertise in new technology, focus on project management and passion for quality in the attainment of the company's growth goals.

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New Homes Realty, Inc. is pleased to announce that Tom Townsend has joined the executive team of New Homes Realty as Vice President of Information Technology. New Homes Realty (http://www.newhomes.com) is based in Clearwater, Fla. and provides Buyer's Agent services for new and resale homes in 36 states with its network of more than 450 licensed Real Estate Agents and Brokers.

"Tom is a seasoned technology and operations leader with over twenty years of experience. I am honored that he has joined our executive team," said Val Marks, President and CEO of New Homes Realty. "We are excited to leverage his expertise in new technology, focus on project management and passion for quality in the attainment of the company's growth goals."

Prior to joining New Homes Realty, Tom was working with the U.S Government on assignments in the Middle East. He has held leadership positions in public and private technology companies as well as the U.S. Government. Tom has experience in applications development, operations management, network infrastructure and process engineering with fortune companies such as Johnson Controls and Synopsis in addition to start-up companies TNB Technologies and TransDataNet. He has been highly successful in delivering initiatives which drive growth and productivity.

New Homes Realty, Inc. has an extensive online media presence with over a million monthly visitors. The company launched one of the first real estate web sites on the Internet, http://www.newhomes.com, which now generates thousands of homebuyer leads for its network of Buyer's Agents. All New Homes Realty Buyer's Agents are licensed Real Estate Agents and / or Brokers with extensive knowledge of their local housing markets.

About New Homes Realty, Inc.

Founded in 1994, Clearwater-based New Homes Realty, Inc. is a full-service online real estate company that uniquely couples lead generation/online media with a national sales network. The New Homes Realty family of web sites allows buyers to view new homes, resale homes, and floor plans, read community descriptions and school reports, and find knowledgeable Agents in their area. The New Homes Realty sales network includes over 450 licensed Real Estate Agents and Brokers in 36 states. New Homes Realty delivers exceptional home buying experiences by focusing exclusively on the buyer to help them find the perfect home.

Contact:

Frank Pipolo

New Homes Realty, Inc.

1-800-251-9595, ext. 234

http://www.newhomes.com

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Frank Pipolo
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