e-Builder CEO to Present at FIATECH's Annual Technology Conference & Showcase in New Orleans

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Jonathan Antevy, e-Builder co-founder and CEO, to speak about the use of collaborative project management software to improve the planning process.

e-Builder, a provider of web-based capital program and project management software, announced today that Jonathan Antevy, e-Builder co-founder and CEO, will present alongside Mr. Joseph Buysse, Corporate Implementation Project Manager with K. Hovnanian Homes, on "Improving the Planning Process for Sustained Business Value" April 1st at FIATECH's Annual Technology Conference & Showcase in New Orleans, Louisiana.

FIATECH (http://www.fiatech.org) is a non-profit research, development and deployment (RD&D) consortium that joins together facility owners, operators, contractors, suppliers, government agencies and government and academic organizations. As a collaborative vehicle, FIATECH helps fully maximize expertise, attract and leverage scarce RD&D dollars for the development and deployment of technologies to substantially improve how capital projects and facilities are designed, engineered, built and maintained.

K. Hovnanian is the 6th largest homebuilding company in the United States, and in 2007 Hovnanian Enterprises ranked 373rd on the Fortune 500, the annual ranking of America's largest companies compiled by FORTUNE magazine.

The presentation will highlight how two years ago K. Hovnanian identified ways to improve communication and collaboration throughout the planning process across several U.S. regions. This initiative resulted in K. Hovnanian Homes developing a system that leveraged e-Builder's online collaboration platform to realize Critical Chain Project Management (CCPM). Critical Chain Project Management (CCPM) is a method of planning and managing projects that puts more emphasis on the resources required to execute project tasks in conjunction with the Work Breakdown Structure (WBS). This is in contrast to the more traditional Critical Path and PERT methods, which emphasize task order and rigid scheduling.

Participants will learn about Critical Chain Project Management (CCPM) and understand how an organization can leverage CCPM to achieve measurable benefits and results. They will also learn about the use of web-based collaborative project management platform as an enabler.

About Hovnanian Enterprises
Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, Chairman, is headquartered in Red Bank, New Jersey. The Company is one of the nation's largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. The Company's homes are marketed and sold under the trade names K. Hovnanian Homes, Matzel & Mumford, Forecast Homes, Parkside Homes, Brighton Homes, Parkwood Builders, Windward Homes, Cambridge Homes, Town & Country Homes, Oster Homes, First Home Builders of Florida and CraftBuilt Homes. As the developer of K. Hovnanian's Four Seasons communities, the Company is also one of the nation's largest builders of active adult homes.

About e-Builder
e-Builder is a leading provider of web-based, capital program and project management and collaboration software. The company's flagship product, e-Builder Enterprise, provides owners of large capital development projects with visibility into key performance indicators across their entire portfolio to ensure timely, on-budget project completion. Since 1995 e-Builder's technology and industry focus has provided thousands of owners, architects, engineers, contractors and suppliers with solutions that enhance development and construction processes. The company is headquartered in Fort Lauderdale, Florida. For more information, visit http://www.e-Builder.net.

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SERGIO ARANDA

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