Hamptons Green Alliance 1st Annual Event on How to Finance and Build Green Projects Sponsored by Citibank Commercial Banking Monday November 17, 8:30 am ET

BRIDGEHAMPTON, N.Y.–(BUSINESS WIRE)–The Hamptons Green Alliance (www.hamptonsgreenalliance.org), a consortium of local building professionals committed to green initiatives in building, will hold its first annual event on the subject on Tuesday, November 18 at the Citibank Financial Center, 180 West Montauk Highway, Hamptons Bays, NY. The sponsor of the event is Citibank Commercial Banking, whose Vice President of Environmental Affairs will address ways in which green projects can be financed in today’s difficult economic climate.

Val Smith, Vice President, Citi Environmental Affairs and Frank Dalene, President and CEO of Telemark and co-founder of Hamptons Green Alliance will be the primary speakers at the event. Other participants are expected to be on hand from LI Green and LI Renewable Energy.

Ms. Smith will address the financing of green projects. Citi is strongly committed to the environment. According to the company’s website (www.citigroup.com/citi/environment/) the company views “sustainability issues from both a risk and an opportunity perspective.” Ms. Smith is expected to talk about ways in which green building projects can be financed during these difficult economic times.

Mr. Dalene will address local green building initiatives and opportunities and how the formation of the Hamptons Green Alliance is enabling a network of expertise to be shared across a variety of disciplines in the building field.

The seminar will take place from 5:30 to 8 p.m. and reservations must be made (seating is limited) directly with Gabrielle Corsetti, business relationship manager, Gabrielle.corsetti@citi.com. It is believed this is the first such seminar of its type to be held in the tri-state area.

The Hamptons Green Alliance was founded earlier this year by a group of businesses involved in the building industry in the Hamptons. Its formation was spearheaded by Telemark, Inc., a division of Hamptons Luxury Homes (OTCBB:HLXH – News).

Hamptons Luxury Homes, Inc. (www.hlxhomes.com) is a regional construction services company that builds and maintains custom homes, luxury vacation homes and ultra-luxury estate homes throughout the eastern end of Long Island, New York, with its principal offices located in Bridgehampton, New York. The Company’s wholly owned subsidiary, Telemark Inc. is a nationally recognized and award winning ultra-luxury homebuilder. The Company maintains an industry leading reputation for construction of luxury vacation homes from foundation to completion, with values ranging up to $60 million. Hamptons Luxury Homes combines ultra-high quality materials with superb old-world craftsmanship to create the ultimate in luxury homes with outstanding aesthetic appeal. Already a recognized and well-established entity in the exclusive environs of the Hamptons on Long Island, the company intends to expand into similar luxury markets in the United States. The Company’s other wholly-owned subsidiaries include: Telemark Service and Maintenance, Inc., which provide ongoing property management, maintenance and service; Bridgehampton Lumber Corp., supplying building material and an independent dealer of The Barden & Robeson Corporation; DWD Construction Services, Inc. which performs construction administration and advisory services in connection with the construction of homes and business development of major commercial projects. Telemark, Inc. is a 50% partner in Architectural Woodwork of the Hamptons, LLC, which manufactures and installs custom millwork, custom cabinetry, custom built-ins and furniture. The Company owns a 10% interest in Northway Island Associates, Inc., a company planning the development of a multi-facetted entertainment resort complex in St. Lawrence County, New York. DWD Construction Services is presently acting as the Owner’s Representative for Northway Island Associates.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including without limitation, statements regarding the potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Contact:

Martin E. Janis & Company, Inc.
Bev Jedynak
312-943-1123
bjedynak@janispr.com