National Storm Continues Recovery with Second Quarter Results

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Fri Sep 5, 2008 8:48am EDT

Company Posts Best Operating Results in Twelve Quarters
GLEN ELLYN, Ill.--(Business Wire)--
National Storm Management continued its track of improvement with
the release of earnings for the quarter ended June 30, 2008. The
second quarter operating loss was $325K compared to $453K in the first
quarter of 2008 and $1.3 million in the second quarter of 2007. The
operating loss was the lowest in the last three years as the Company
continues its rebuilding process after surging growth in 2004 and
early 2005.

   "We are very pleased with the progress that we have made," said
Terry Kiefer, the Company's President and Chief Executive Officer. "We
have gone to great lengths to right-size this Company and wrap up
unprofitable operations. Going forward, we will concentrate on adding
one or two additional locations and make sure we are running as
efficiently as possible," said Kiefer. "Our Atlanta location is solid
and will be one of our strengths through 2009 and beyond. The Atlantic
hurricane season has been extremely active and our Florida and Georgia
operations are currently tracking three named storms that have
possible East Coast ramifications. We are more prepared than ever to
help these areas recover if a storm should hit. After achieving
consistent profitability and eliminating our debt, our growth strategy
will still include acquisitions," Kiefer concluded.

   About National Storm Management, Inc.

   National Storm Management (Other OTC:NSMG.PK - News) is a national
construction company headquartered in Glen Ellyn, Illinois providing
storm restoration services in six states. Its operating affiliates
include: ABC Exteriors (Illinois, Indiana and Kentucky); Pinnacle
Roofing (Florida and Georgia); and First Class Roofing and Siding
(Ohio). The company and its affiliates are recognized by all major
insurance companies such as State Farm, Allstate, Farmers and others
for storm related claims. The company is a member of the National
Roofing Contractors Association (NRCA) and the Better Business Bureau.
More information is available at www.nationalstorm.com.

   Forward-Looking Statements

   Certain statements included in this press release may constitute
forward-looking statements. These forward-looking statements relate
to, among other things, plans and timing for the introduction or
enhancement of our services and products, statements about future
market conditions, financial performance, plans to update a
registration statement with the SEC, and other expectations,
intentions and plans contained in this press release that are not
historical fact and involve risks and uncertainties. Our expectations
regarding future revenues depend upon our ability to develop and
supply products and services that meet defined specifications. When
used in this press release, the words "plan," "expect," "believe," and
similar expressions generally identify forward-looking statements.
These statements reflect our current expectations, but actual results
could differ materially as a result of many factors, including, but
not limited to, severe weather conditions and the physical damage
caused by hail storms and hurricanes, fluctuations in interest rates
and the resulting impact on financing costs, general economic
developments in the states where we do business, availability of
labor, materials and supplies, our ability to execute our future
growth plans and our ability to timely and accurately prepare
quarterly and annual financial statements. Forward-looking statements
are made as of this press release and we do not undertake any
obligation to provide updates to such statements except where required
to so by law.

National Storm Management
Scott Knoll, 630/469-7663

Copyright Business Wire 2008
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