Prefab LivingHome(R) Rises in Newport Beach; Poised to Become Orange County's First LEED Platinum-Certified Home

NEWPORT BEACH, CA--(Marketwire - November 5, 2009) - LivingHomes® (www.livinghomes.net) today completed the first residential installation of a new line of moderately-priced prefabricated homes designed for small, urban venues by award-winning architecture firm KieranTimberlake. Assembled in just a matter of hours, the two-story residence took shape on an empty lot in Newport Beach as a 250-ton crane precision placed four, pre-constructed modules onto the site. The LivingHome is poised to become Orange County's first LEED-Platinum Certified Home, the nationally accepted, third-party benchmark for the highest performing green buildings.

Dubbed the LHKT 1.5, this design is now being offered for sale nationwide at a price of $275 per square foot installed, which makes it an extremely attractive alternative to site building a comparable modern home. Like the entire line of KieranTimberlake LivingHomes, it combines efficient factory-built construction, lifestyle-driven architecture, and sustainability to offer homeowners, builders and developers a high quality, low environmental impact, architectural housing product that is time- and cost-efficient to build.

"The new KieranTimberlake LivingHomes are designed for environmentally-conscious consumers who want a sustainable, architectural home for a good price and/or a small, urban lot," said Steve Glenn, LivingHomes CEO and founder.

The Newport Beach LivingHome is 2,200 square feet and includes 2 bedrooms, 2.5 baths and a bonus room. Numerous environmental features will help the home qualify for LEED Platinum Certification including recycled steel and timber-efficient engineered lumber; recycled wood/bamboo siding; photovoltaic's (solar power) from SunTech; low-flow Kohler bathroom fixtures and more.

National Availability and Pricing

LivingHomes has established a network of fabricators to service buyers in each region of the U.S. The LivingHomes website features a robust, interactive section that enables people to create their own virtual LivingHome, from selecting the finishes and systems that suit their personal style to estimating the costs to fabricate and install the specific home they have chosen.

The price for installed KieranTimberlake LivingHomes start at $225/square foot (sf) and can go to $275/sf or more in quantities of one, depending on options. This price does not include foundation costs, which can add $25-50+/sf, permitting or land. These price points are extremely competitive to those you would expect to pay for architectural homes designed by top architects that include a comprehensive environmental program.

About LivingHomes® (www.livinghomes.net)

Founded by CEO Steve Glenn, LivingHomes is a premier developer of modern, prefab homes that combine world-class architecture with an unparalleled commitment to healthy and sustainable construction. LivingHomes are made in specially equipped factories that ensure unsurpassed quality, lower construction costs and waste, and as shorter construction schedule. LivingHomes offers two lines of single and multi-family designs, one created by Ray Kappe, FAIA, the founder of the Southern California Institute of Architecture and another by KieranTimberlake. The first LivingHome, designed by Ray Kappe, was the first in the nation to achieve LEED Platinum and was the only home to win the AIA's top sustainability award in 2007. The second LivingHome was named the Green Builder Home of the Year Award in 2008 by Green Builder Magazine. LivingHomes are available in standard or customized configurations to the builders, developers, and individuals who want a more cost- and time-effective way to integrate homes that feature high design and low environmental impact into their projects.

LivingHomes® is a registered trademark of LivingHomes, LLC.

Contact Information: Contact: Roberta Silverman The Rogers Group 310-552-4133