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<td colspan="3"><div align="left"><span class="style6">HOUSERAISING REPORTS WORK IN PROCESS REACHES $8 MILLION, AS OF MAY 15, 2007</span></div></td>
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<p class="style3"><strong> <span style="font-size: 9pt; font-family: Verdana"> CHARLOTTE, N.C., May 22, 2007 /PRNewswire-FirstCall/ -- HouseRaising, Inc. (OTCBB: HRAI.OB)</strong>, a managed service provider to the custom homebuilding industry, today reported that its work in process, as of May 15, 2007, rose to $8 million from $6 million at March 31, 2007. <br />
<br />
Greg Wessling, HouseRaising’s chairman, president and CEO, said, “HouseRaising made significant progress in the first quarter of 2007.”<br />
<br />
“In the regions in which we operate, The Carolinas and the Gulf Coast,” he added, “HouseRaising’s business has been largely unaffected by the national housing slowdown. With a growing backlog of home construction in the pipeline, we are confident that HouseRaising is on firm footing for rapid growth in the year ahead.”<br />
<br />
Among the key accomplishments since the beginning of the year, he reported that HouseRaising:<br />
<br />
<ul>
<li>Has work in process of $8.0 million in new homes and remodeling contracts expected to be built over the next 12 months, which is $5.0 million higher than a year ago and $2.0 million higher than at March 31, 2007; and <br /></li>
<li>Successfully launched HouseRaisingREALTY, LLC to assist homebuyers in disposing of their existing homes or acquiring lots for their new custom homes. The company closed sales transactions of houses priced at more than $1.39 million, generating $39,000 in revenue for the quarter versus none in the same period last year. <br /></li>
<li>As of May 15, HouseRaisingREALTY has: <br /></li>
<ul type="circle">
<li>Closed additional sales transactions totaling $1.32 million, which will generate approximately $33,500 in commission income; <br /></li>
<li>Had pending sales transactions of $5.6 million, which will generate about $175,000 in commission income; and <br /></li>
<li>Active listings for sales of approximately $6.5 million. <br /></li>
</ul></ul>
HouseRaising reported that it has signed operating agreements with 17 experienced homebuilders to develop local operations to build up to twenty homes each a year. These operations are located in The Carolinas and the Gulf Coast regions, which includes Louisiana and Mississippi. <br />
<br />
HouseRaising offers four types of business opportunities to custom homebuilders who wish to partner and take advantage of its unique custom homebuilding management process. These are: Series #100 business relationships with a single builder-owner who builds up to five homes a year; Series #200 business relationships with custom homebuilders who complete five to 20 homes annually; Series #300 operations employ a team of HR support experts and 15 builders to sell, design and build up to 50 homes a year. Series #400 is a zone operation, in which 150 to 300 homes will be built annually.<br />
<br />
HouseRaising’s system and builder support network brings economies of scale to the ventures and its expert staff manages all vendor relationships. HouseRaising and builders share profits and all projects must meet HouseRaising exacting quality and operational standards. <br />
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<td colspan="3"><p><span class="style3"><span class="style8">ABOUT HOUSERAISING, INC. (HRAI.OB) </span><br />
HouseRaising, Inc. serves as general manager of projects, assisting its business relationship partners in every step of the custom home building process from design and cost estimation to construction. Using its internal use software, HouseRaising assists builder partners to improve the quality of the homes while lowering the overall cost. Through HouseRaising’s strategic relationships and buying power, builder partners also enjoy savings on materials, equipment and insurance. HouseRaising is also in the business of building custom homes. For more information go to <u><a href="http://pressreleasetv-info.com/080E1B1C1A17001B06131C11173206051B010617161F1306001B0A5C111D1F0E40404147440E434742474A430E400E45464A40474B0E08.aspx">http://www.houseraising.com</a></u></span></p></td>
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<td colspan="3"><p><span class="style3"><span class="style8">Forward-Looking Statements</span> <br />
This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.</span></p>
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<td colspan="3" bgcolor="#DDCF99"><p class="style7">For more information, please contact:</p></td>
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<td width="246" valign="top" style="background-color: #E8DDB9"><p align="left" class="style3"><span class="style8">HouseRaising, Inc.</span><br />
Karen Willoughby<br />
Investor Relations<br />
HouseRaising, Inc.<br />
T: 866-365-4724<br />
E: <a href="mailto: Karen.Willoughby@HouseRaising.com">Karen.Willoughby@HouseRaising.com</a></p></td>
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<td colspan="3" valign="top" class="style3" style="background-color: #E8DDB9"><div align="center"> HouseRaising, Inc.<br />
4801 East Independence Blvd.
Suite 201<br />
Charlotte, NC 28212<br />
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