TTI Holdings, Inc. -- THRM -- Announces the Completion of Two Additional Healthcare Facilities, Projects a $1 EPS.

Business Editors

HICKSVILLE, N.Y.--(BUSINESS WIRE)--May 15, 2001

TTI Holdings, Inc. (OTCBB:THRM) is proud to announce the completion of two additional acquisitions: Senior Health Care of Wisconsin, Inc., Green Bay, WI and Northside Rehab, Inc., Indianapolis, IN. These acquisitions bring the total number of healthcare facilities acquired to four.

The combined impact of the first four facilities will result in an immediate forward annualized earnings projection of approximately $1.00 of pre-tax earnings per share on TTI stock. "Our aggressive plan to build a core business with high growth rate and solid earnings capabilities is quickly coming together," stated Andrew Mazzone, Chairman of TTI. "With the first four health care facilities projected to bring a $1.00 eps to our company, we believe our shareholders and the investment community at large will see an even brighter picture as the remaining fifteeen facilities are acquired."

"We intend to close on fifth and sixth health care acquisitions within the next ten business days," Mr.Mazzone continued. "We remain on schedule and plan to complete all nineteen health acquisitions."

In other business developments in TTI's entrepreneurial sector, TTI has formed Material Shapes Unlimited (MSU), a joint venture agreement with Pileri Industries of Farmingdale, NY. MSU will market to the manufacturing and construction sectors quick turnaround, small lot, computerized custom shaping of materials such as metals, ceramics, plastics, concrete, and glass, using automated water jet and laser based, shaping equipment. MSU will operate as a 50% subsidiary of TTI through its development phase. The first location is expected to be operational within 30 days in Farmingdale, New York. Future plans for MSU call for the development of both company owned and licensed locations.

About TTI Holdings, Inc.

TTI Holdings, Inc. plans to increase its business and enhance shareholder value by acquiring emerging companies in the health and beauty fields, the main core of TTI future business. TTI will continue to seek small, dynamic, entrepreneurial companies in other fields. TTI's policy will be to hold no more than 50% ownership in these entrepreneurial companies and distribute any value over 50% to its shareholders directly.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction.