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W.B. Homes Celebrates 20 Years of Bringing Dreams to Life

North Wales, Pa., (August 3, 2006) - For Bill Bonenberger, President and founder of W.B. Homes, the past two decades have been dedicated to making dreams come true - for his company, for new home buyers and for communities near and far. This year, W.B. Homes celebrates its 20th anniversary, a milestone that Bonenberger believes was reached through a simple philosophy of making people happy and exceeding expectations. In both his business and community service efforts, Bonenberger has used this commitment to build outstanding success.

"We've always appreciated the uniqueness of each person, family and lifestyle," notes Bonenberger. "Whatever the customer's dreams or desires, we welcome the opportunity to create something truly special. Our goal is to make buying or building a new home one of the most exciting and enjoyable experiences of our customers' lives."

That commitment has resulted in exceptional growth for W.B. Homes. Since 1986, when Bonenberger built his first two single-family homes, the Company has expanded and diversified. Over the past 20 years, W.B Homes has created more than 60 communities, and more than 1,300 new homes. While earning a reputation for excellence in building high-end, estate residences, the Company has also diversified, finding success in creating both active adult and upscale townhome communities.

W.B. Homes' current portfolio of active communities includes Ashbourne Estates, The Club View at Indian View, The Enclave at Evansburg, and Muirfield Estates- all estate-home communities located on picturesque settings in Montgomery and Bucks Counties. The Company's current 55+ adult communities include Harrington Village in Montgomery County and The Village at Rosecliff in Bucks County. In addition, new estate home communities are now being developed in Montgomery, Bucks and Lehigh Counties, including The Estates at Maple Ridge, the Reserve at Woodside Creek, the Preserve at Manderfield and Country View at Salford.

"Our goal is to continue to offer a broad selection of homes and communities to meet the needs of our market," says Bonenberger. "We currently have several new projects on the drawing board that we anticipate bringing to market in the next 6-9 months, including upscale single-family homes in the $450,000 - $500,000 price range, and a very exciting community of three-story townhomes."

In all of its communities, W.B. Homes strives to create the exceptional, a commitment that has been recognized with many awards and accolades. In fact, the Montgomery County Planning Commission honored W.B. Homes with the Design Excellence Award for the best-designed single family community for three years in a row, including 2002, 2003 and 2004.

Bonenberger's commitment to bringing dreams to life has also helped improve life for local communities, families in need and people in impoverished areas. Over the years, W.B. Homes has been actively involved in Habitat for Humanity, and Bonenberger himself has traveled several times to the Dominican Republic with a group sponsored by his Alma Mater, The Williamson Free School of Mechanical Trades, to work on a much needed hospital. Locally, W.B. Homes has helped construct the world's largest all-wood community playground in Upper Gwynedd Township, and the Company regularly sponsors community events, organizations and sports teams. In addition, Bonenberger works to create opportunities for the builders of the future by serving as Vice Chairman of the Board of Trustees at Williamson Free School of Mechanical Trades, located in Media, Pa.

After 20 years of growth, achievement and accolades, Bill Bonenberger still views success by a single measure: happy customers. "With everything we've accomplished," he notes, "the one thing that makes me most proud is the satisfaction level of our buyers. We ask our buyers to complete an extensive survey one year after moving into their new home. Overwhelmingly, they feel that W.B. Homes has truly brought their vision to life. Equally important, they state that if the opportunity arose, they would purchase another W.B. Home and recommend us to family and friends." As far as Bonenberger is concerned, there is no greater accolade than that.

Headquartered in North Wales, Pa., W.B. Homes invites prospective buyers to learn more about the Company, its building expertise and new home communities by calling 215-699-0800. Or for complete information on active and planned communities, visit www.wbhomesinc.com.