ORLANDO, FL - March 28, 2003 - ZOM Residential Services, Inc. was awarded the highest honor for "Property Management Firm of the Year" by the National Association of Home Builders at the 2003 Pillars of the Industry^TM awards gala, held on Monday, March 24 in Boca Raton, Florida, during NAHB's MultiHousing World Exposition.

The Pillars of the Industry Award^TM is a mark of excellence and is the multifamily industry's most competitive and coveted national competition. Winners are selected from among the nation's top firms. The awards pay tribute to multifamily housing professionals in development, management and marketing.

The "Property Management Firm of the Year" Pillars Award is based on the company's management portfolio, core values, commitment, contribution to the community, management practices, growth, financial goals / strategies and competitive-edge over competition. According to Steve Buck, President of ZOM Residential Services, Inc., "The award recognizes our focus on quality and service and is a tribute to the people on site who truly separate us from other management companies. We're very proud to be selected from an excellent group of competitors."

For more than 10 years, ZOM Residential Services has served its client base of owners and developers with an unmatched service ethic, innovative management practices and meticulously maintained properties. ZOM manages 37 properties totaling 12,000 units.

ZOM's commitment to excellence is evidenced by numerous Pillars Awards, including the prestigious "Multifamily Development Firm of the Year" in 1999, "Best Garden Apartment" in 1997 and 1996, "Best Site Plan" in 1997 and 1996, and a "Special Environment Award" in 1995.