Hovnanian Enterprises Launches e-Builder Web-Based Project Management Software for its Northeast Region

FORT LAUDERDALE, Fla. – April 4, 2004 - Hovnanian Enterprises, Inc., a leading national homebuilder recognized by FORTUNE magazine as one of the 100 fastest-growing companies in the U.S., recently announced the launch of e-Builder’s Web-based project management system to its Northeast Region.

“e-Builder gives every K. Hovnanian Northeast Region associate immediate access to all important documents throughout the entire life of the community, from planning to construction and closing” said Tracy Garner, Vice President of Quality K. Hovnanian Companies Northeast. “We’re able to edit, communicate and store information in real time from any location with an Internet connection. This continues to give our company an edge by improving efficiency, quality and customer satisfaction”. With e-Builder’s system, K. Hovnanian associates are able to view over 256 document formats, redline, email, print and add hyperlinks to documents while still interfacing with all system requirements and databases. This eliminates the expense of additional software.

About e-Builder™

e-Builder, Inc., headquartered in Boca Raton, Florida, develops business-to-business Internet tools for the commercial construction industry. Its suite of products enable and enhance the exchange of information among construction industry participants and helps projects come in on time and on budget. e-Builder is the pioneer of Internet-based tools for construction and in 1995 was honored by Engineering News-Record, a respected publication of The McGraw-Hill Companies, as one of the Top 25 Newsmakers of the year. e-Builder is sold worldwide direct and through its preferred partner network. Customers include: America Online, The Beck Group, Beers Construction, Columbia/HCA, HOK Architects, Lucent Technologies, NBBJ Sports Architects, Skanska USA, Swinerton & Walburg, Tishman Construction and more. For more information on e-Builder, visit the company's web site at www.e-builder.net. For sales information, call 1-800-580-9322 or e-mail infoe-builder.net.