Newman Ferrara LLP Announces Investigation of U.S. Home Systems Inc.

  Newman Ferrara LLP Announces Investigation of U.S. Home Systems Inc.

Business Wire

NEW YORK -- August 07, 2012

Newman Ferrara LLP has begun an investigation into potential claims against
the board of directors of U.S. Home Systems Inc. (“USHS”) (NasdaqGM: USHS), a
supplier of home improvement products and services, concerning the merger
agreement between USHS and The Home Depot, Inc. (“Home Depot”) (NYSE: HD).

On August 7, 2012, USHS announced that it had entered into a definitive merger
agreement to be acquired by Home Depot in a transaction valued at
approximately 93.4 million. Under the merger agreement, USHS shareholders will
receive $12.50 in cash per share of USHS common stock owned. However, USHS
common stock has traded at $12.50 per share as recently as March 16, 2012 and
for the first quarter ended March 31, 2012, USHS reported “a record new order
input for any quarter in our history” as well as “the highest first quarter
revenue in USHS history.”

The Board of Directors of USHS has unanimously approved the merger agreement.
Subject to approval by USHS’ shareholders, regulatory approval, and customary
closing conditions, the proposed transaction is expected to close by the end
of the calendar year.

Newman Ferrara LLP’s investigation concerns whether the USHS Board of
Directors is fulfilling its fiduciary duties to act in the best interests of
USHS’s shareholders and to take all necessary steps to ensure that USHS’s
shareholders receive the maximum value readily available for their shares of
USHS stock and are provided with all material information to make an informed
decision on whether to tender their shares.

Concerned investors are encouraged to contact Newman Ferrara attorney Roy
Shimon at (212) 619-5400 or rshimon@nfllp.com to discuss this investigation,
their rights, or potential remedies.

Newman Ferrara maintains a multifaceted practice based in New York City with
attorneys specializing in complex commercial and multi-party litigation,
securities fraud and shareholder litigation, consumer protection, civil
rights, and real estate. For more information, please visit the firm website
at www.nfllp.com.

Contact:

Newman Ferrara LLP
Attorney: Roy Shimon
1250 Broadway, 27^th Fl.
New York, NY 10001
tel. 212-619-5400
rshimon@nfllp.com