JEFFREY FERNBACH: President

Mr.Fernbach earned "Builder of the Year" honors for 2003 from the New Jersey Shore Builders Association (NJSBA) in recognition of his outstanding achievement in the building industry and his commitment to the betterment of the community. Since founding Paramount Homes, he has established a stellar reputation for the company as a trend-setting builder based on quality in construction, innovation in home design and integrity in business. He is an organizer of Community State Bank/Lakeland Bank, Teaneck, New Jersey, and a Director of the NJSBA

ELI BLEEMAN: Vice President

Mr.Bleeman co-founded Paramount Homes after contributing to the successful building, planning and management of several high-rise residential communities and commercial properties as an owner of Medallion Properties, a Real Estate development firm based in Toronto, Ontario, Canada. With extensive experience in the development of residential communities, Mr. Bleeman is responsible for all aspects of the construction and purchasing activities for Paramount Homes. Mr. Bleeman is also responsible for overseeing of the company's Design Center.

GREGORY MISCIO: CPA, Chief Financial Officer

Mr. Miscio, CFO of Paramount Homes, is a CPA with over 15 years finance and accounting experience. Prior to his employment with Paramount Homes, Mr. Miscio was the Vice President of Finance for the New York/ New Jersey Division of one of the nation's largest homebuilders, where he developed significant experience with redevelopment projects and low to mid-rise construction projects. Mr. Miscio began his career with one of the "Big 4" public accounting firms in Philadelphia after graduating from Penn State University in 1990. He is currently an active member of the American Institute of Certified Public Accountants.