, basement rec rooms, new
bedrooms, etc.com offers thousands of pages filled with management tools,
product showcases, visualizers, expert advice, and active message boards,
providing its customers and associates with instant access to the nearly $500B
home improvement marketplace.

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Steps to Energy Savings

1.energy.energystar.

* Executed an exclusive licensing/option-to-purchase agreement with
1-800-CONTRACTOR , one of the nation's largest online contractor
directory resources.com, that
deliveries the latest home improvement products and services.

dac rafter

ImproveNet Releases Financial Results and Major Milestones for 2004


Since the beginning of 2004, ImproveNet has implemented several new
programs and reached notable milestones, which include the following
achievements:

* Opened a customer support call center in Scottsdale, Ariz.

homeowner masa

"While there are
many excellent solutions to improving your home's energy efficiency, consumers
might want to consider first those that will help recoup their investment
quickly.

4.
"These alarms are the newest, most-advanced technology to hit the home
safety arena yet," says Kalinowski.
* Converted four hundred thousand dollars in convertible debit
with various note holders into equity.1-800-CONTRACTOR .

* Served its one-millionth customer in 2004.
"As a result of our investment in resources and strategic planning for
2004, shareholders should expect to see a profitable 2005 year with continued
business advancement and growth," stated Jeffrey Rassas, CEO of ImproveNet. The
ImproveNet (R) TrueMatch(TM) platform automatically connects homeowners to
screened contractors, architects, designers and builders available in their
area.

illustrates zoned


Zeman suggests taking the following steps to weigh your energy efficient
options, including looking at those that might require a larger investment ,
but which deliver significant and almost immediate payback. Check out http://www.
In 2004 , home improvement spending rose nearly 6 percent nationally over
2003, according to Harvard University 's Joint Center for Housing Studies, and
that trend is expected to continue. And in an
emergency , every second counts. ImproveNet.

"Safe Harbor" statement under the Private Securities Litigation Reform Act
of 1995: Certain statements in this press release constitute
"forward-looking" statements that involve a number of known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any results,
performances or achievements express or implied by such forward-looking
statements.schramm@improvenet.

rafter beam

A
survey of homeowners ages 25 and older, conducted by research organization
Ipsos-Public Affairs, revealed that 90 percent would take action to prevent
over-consumption of energy if they knew what to do.
icynene."
The new First Alert(R) ONELINK(TM) alarms are a good example of this new
wireless technology for smoke and CO alarms. All linked alarms will
communicate with each other in an emergency, just like hardwired
alarms. The 1-800-CONTRACTOR phone number and website
have been integrated as an ImproveNet's service to extend immediate
access to ImproveNet 's service provider network for homeowners looking
to home improve their homes. ImproveNet has an expanded
network of industry-leading affiliates and professional associates. Undue reference should not be placed on these forward-looking
statements, which speak only as of the date hereof .

violations basement

Nationally recognized building expert television and radio host offers secrets to help homeowners get best return on energy saving options



3. Consider options like an insulation/air barrier system, which might
require a larger investment, but which can save you more money each
month than the monthly cost of a financing option."

Seven options that pay for themselves in a year or less

With cold weather upon us, consider energy saving steps delivering fast
payback, which can be taken almost immediately or which you should start
planning for now.com

ATTENTION EDITORS: A high-resolution illustration showing common home air
leakage problem areas and a chart of Don's top seven options for quick
energy savings payback are available for download at
http://www.com/airsealingtips.

* Achieved profitability in first quarter of 2004.

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7 - With natural gas prices rising as much as
38 percent this winter and heating oil prices expected to increase 21 percent
(source: DOE - EIA), homeowners should implement energy efficiency measures
now or expect to pay up to $50 extra on their monthly energy bills, says
building expert Don Zeman, host of the nationally-syndicated Homefront radio
show.eere.hud.



* Homeowners can now verify their home improvement projects
submitted online through an automated voice system.

acted timbers

Visit
the Department of Energy's Web site for a guide to do-it-yourself
audits (See: http://www.

5.Homefront. These systems are
designed to be safe and secure. The ImproveNet AdServePRO(TM) service delivers
the latest industry news on product and services.

illustrates ledge

Offers top options for fastest payback

TORONTO , Dec."

Don's top seven options for quick energy savings payback:

Option Investment Savings Speed of Payback
------ ---------- ------- ----------------

Programmable $50-75 Up to $100/year Less than one year
Thermostat

Insulate water $15-20 $15 or more/year One year or less
heater with
thermal blanket

Install insulation Varies Monthly energy As little as one
and air barrier depending on savings of up to month because
(Icynene).aspx

About Don Zeman and Homefront

Don Zeman cut his teeth in the construction industry by renovating
historic homes in south St.

About ImproveNet
ImproveNet, Inc.

turmoil additions



For Further Information, Contact:
Erica H.

optimizing masa


The challenge for many homeowners is that, while they are keen on
reducing energy consumption , the scope of energy efficient resources and
options available can make it difficult to decide which ones to adopt. Ask your energy utilities if they offer any energy efficiency
rebates. "Topping up existing insulation will not deliver
significant savings," says Zeman.

Caulk, seal , and $50-75 in $75 year + One year or less
weather-strip materials or
seams, cracks, less
and openings to
the outside

Close fireplace No cost $30-50/year Immediate
dampers (when not
used)

Close basement Potentially $75/year Immediate
vents no cost

Seal seams in $15-50 10-30%/year Less than one year
basement ducts (source Southface
with metal-backed Energy Institute)
tape or mastic or $75+


For more energy saving ideas visit: http: //www. Wireless, Interconnectable Smoke and Carbon Monoxide Alarms are One of the
Easiest and Most Cost-Effective Ways to Expand Protection to Remodeled Areas
of Homes

AURORA, Ill., maker of First Alert-
branded home safety products. Along with this increase has come a
preference for higher-quality home amenities, including cutting-edge
technology and "bonus" rooms to expand living space for entertaining and
today's more active lifestyles. For
further information, contact ImproveNet, Inc. Schramm
Bus: (480) 346-2073
Mobile: (480) 748-8239
erica.

masa pemberton


"Homeowners can choose everything from high-efficiency furnaces and
thermal windows to higher insulation levels," says Zeman. Determine the cost of potential options to address problem areas and
decide if you can complete energy saving options yourself to save
labor costs.

7.com .

* Launched new subscription-based program that replaced previous win fee
model, resulting in sustainable improvement in operational cash flow.COM)

* Launched new online advertising engine, AdServePRO. We are very pleased with this past year's
accomplishments," said Homayoon Farsi, president of ImproveNet.ImproveNet. These risks and uncertainties, include, but are not limited to
the statements made regarding ImproveNet 's services, achievement and
milestones, the success or acceptance of its product and service offerings ,
competitiveness in the marketplace of these product and services offerings,
the effectiveness of management's strategy, and other risks detailed in the
Company's Securities and Exchange Commission filings on Form 10-KSB and Form
10-QSB.

This category is intended for resources related to participating in the design and construction of new homes and/or major additions.

beam bushland


Zeman also urges homeowners to look beyond R-value when considering
insulation options.

Summer Home Remodeling Season a Good Time to Assess Home Safety When Approaching Home-Improvement Projects


-- For maximum protection , upgrade your alarm network with combination
smoke/CO alarms, installing them on every level of your home and in
every bedroom or sleeping area.

* Completed private placement with affiliates of Geocapital Partners,
LLC and other accredited individual investors.

* Executed exclusive alliance with 20-20 Technologies, Inc.

* Implemented new IVR (Interactive Voice Recognition) system for
customers. ImproveNet's service provider
network has increased substantially month over month as a result of
this initiative .

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Conduct your own home energy audit to identify problem areas., ImproveNet, Inc.
(OTC Bulletin Board: IMPV), a leading home improvement network of choice for
consumers, home improvement service providers and manufacturers, recently
announced its 2004 financial results and major milestones. The
website provides advertisers with a self-service method to reach
ImproveNet's homeowner and service provider network. Through ImproveNet's website and 1-800-Contractor, ImproveNet has been
connecting homeowners to screened and system-rated contractors for over eight
years.

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gov) or locate a professional energy
auditor with help from your state or local government energy or
weatherization office.gov (click on the Special Offers section
under the Products area ) for more information on tax credits offered
from January 2006 to December 2007, as part of the new Energy Policy
Act. "Adding extra insulation beyond an R-13
delivers minimal and decreasing payback.
"Whether you are remodeling a newer home or older residence, it's
important to also consider expanding your home's smoke and carbon
monoxide (CO) alarms right along with your new additions to ensure your home
improvement projects become as safe as they are enjoyable," says Debbie
Hanson, director of external affairs at BRK Brands Inc.) by installing one or more battery -operated, linkable
alarms in the new rooms and replacing one existing hardwired alarm in
any other area of the home with a new hardwired alarm enabled with
linkable technology .

* Launched new member recruiting division.

noguchi rafters


According to Mark Kalinowski, former director of engineering for the Good
Housekeeping Institute and now known as the Techno-Guy, one of the easiest,
most-effective ways to expand your alarms is to install alarms that are
linkable to each other wirelessly and can even integrate with existing
hardwired alarms without the need to hire an electrician.
Here are several tips for expanding with linkable alarms as part of your
home improvement projects:

-- If you already have hardwired alarms in your home, expand their
coverage into newly created rooms (i.
-- If you don't have hardwired alarms, you can install two or more
battery-operated alarms enabled with wireless linking technology in
newly created and existing areas of the home.

First Alert(R) is a registered trademark of The First Alert Trust, Aurora,
IL 60504
ONELINK(TM) is a trademark of BRK Brands , Inc.

This includes tips on how to be your own general contractor, how to work with contractors and businesses, and tips for optimizing the design of a complete home.

homeowners basement

Divide the cost of the energy efficient option by the expected annual
savings it delivers to determine how many years it will take to pay
for itself.

6. "Even if it's not feasible to start larger projects this
year, it's never too early to plan for spring and summer projects that will
keep saving you money for years to come," says Zeman, "especially with rising
energy costs a likely long-term reality.



To learn more about this new technology, plus protecting your family from
smoke, fire and carbon monoxide, visit http://www.

* Launched redesigned ImproveNetPRO.com website and expanded online service
offerings to include several new home improvement trade categories . We undertake no
obligation to update any forward-looking statements.

ledge acted

Consider if you will own your current home long enough to make back
your investment.icynene.e. SCOTTSDALE, Ariz. (http: //www.
* Service providers can now retrieve home improvement projects on
the fly through an automated voice system.htm).com


ledge rafters

Don
founded Homefront in 1995 , which now includes a radio show, 90-second daily
radio hints, 90-second television news segments and a Web site. "In addition to being easy and cost
effective to install in new, remodeled and existing areas of the home, they
are among the best alarms at saving lives, as all linked alarms sound when one
sounds, quickly alerting you to dangers in other areas of the home. to service
its expanding customer base. to feature
their online 3-D kitchen design tool on ImproveNet's website.

"From our new customer call center, new service programs, increased
efficiency and strong partner relationships, ImproveNet has surpassed our
operational goals. is a home improvement network of choice for customers,
home improvement service providers and manufacturers, offering the most
reliable referral-matching service and comprehensive solutions anywhere.

acted illustrates

gov). Tip: installation 50% or $375/year monthly savings can
Addressing air or more for the outweigh the
leakage is more average homeowner monthly cost to
effective than with annual finance
increasing R-values heating /cooling
bills of $750.firstalert., Aurora, IL 60504


com website to provide current
service provider network the opportunity to better manage their
businesses and home improvement projects and increase their sales.

wilder bushland

Find out what energy saving options deliver in yearly savings for a
home of your size and heating type. "An insulation and air barrier
system such as Icynene can minimize air leakage and offer other great benefits
such as fewer cold or hot spots in your home, better indoor air quality and
fewer moisture problems," says Zeman.S. For more
information visit: http://www. ONELINK alarms, now available at
Home Depot stores, are available in several models, including a combination
smoke/CO alarm with a voice warning feature that actually specifies the room
in which an emergency is occurring, a battery-operated smoke alarm and a
hardwired smoke alarm.gov/Archives/edgar/data/1043561/000107261305000826/0001072613-
05-000826-index.


This category does not include sites which sell goods and services online (Shopping: Home and Garden), sites for businesses that design or manufacture products (Business: Construction and Maintenance), or sites offering advice for purchasing decisions (Home: Consumer Information).

homeowner drywall

com /airsealingtips.

* Redesigned ImproveNet.

septic timbers



2.

Zeman says options that address air leakage tend to offer some of the
quickest payback, because they help control the source of up to 40 percent of
energy lost from a home (source: http://www. Insulation that can help control air
leakage offers far better payback. Louis. He has more than 25 years of experience
building and renovating homes in the midwestern and southeastern U., With home remodeling season ready to
heat up again this summer, home safety experts are reminding homeowners to
make careful assessments of their home safety needs as they undertake those
long-anticipated home-improvement projects.
-- Test your alarms weekly using the units' test buttons to ensure
batteries and all alarm functions work properly.

acted unhappy

" The average homeowner stays in their home only 5-6 years (source:
RISMedia , publisher of Real Estate magazine).aspx. ImproveNet
reported substantial increases in revenue and demand for its services from
homeowners, service providers, and advertisers that were a direct result of
the development and execution of its new business strategy.
Additional details about ImproveNet 's business, management discussion and
analysis, and financial results for 2004 can be found in its Form 10-KSB filed
with the Securities Exchange Commission on March 31, 2005 (To view filing
please visit:
http://www.sec. toll free at (888) 777-2212 or
visit http://www.com.

homebuilding drywall

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