Hilton Head Properties names new CFO

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 30, 2008 -- -- DALLAS--Aug. 15, 2008--Hilton Head Properties, Inc. , a Dallas, TX based Real Estate Investment Company, announced today that the company has tapped Dan C. Armstrong as the new Chief Financial Officer, a position that has been empty for about a year.

"We have actually been looking for quite a while for the right person to fill the shoes of the position" remarked Chase Fonteno, President/CEO "And when we met Danny - we knew he was a good fit"

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Hilton Head Properties names new CFO

Welcome visit Our WebSite:

http://www.hiltonheadproperties.net

"After getting to know Chase Fonteno and the direction Hilton Head was headed - I knew this is where I could excel" stated Danny Armstrong

Dan C. Armstrong, formerly with DCA Associates, Bramcom, SWM Marketing and Touche Ross & Co, holds a BBA from Texas Tech and is a CPA. He is married and lives in Dallas, Tx

Company Information

Hilton Head Properties Inc. a privately held, multi-disciplined real estate investment firm specializing in the acquisition and owner-financed sale of single family residential housing and long-term investment in multi-family projects nationwide. Hilton Head makes home ownership available to buyers without using any governmental programs or assistance by helping individuals purchase sub-par homes with little cash down, where the buyers are required to do their own home repairs. Hilton Head Properties are based in Dallas, TX and have operations in Houston, Dallas, Fort Worth, San Antonio, New Orleans, Cleveland, Detroit and Pittsburg.

Hilton Head Properties
1401 Elm St.
Suite 3800
Dallas, TX 75202
214-712-9800
214-712-9801 fax
www.hiltonheadpathways.com

The statements made in this press release that are not historical fact are "forward-looking" statements which are based on current expectations that include a number of risks and uncertainties. This release is not made for the purpose of promoting any investment. Forward-looking statements in this news release, if any, are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and are not meant for any solicitation.

Hilton Head Properties, Inc. owns the trademarks of Hilton Head Properties, HiltonHead Pathways, Sterling World Partners, Hilton Head Finance, Hilton Head Property Management, Hilton Leasing, iBidEarth, Loans4Sale, Luxury Home Managers and The Mansion Lady. Any use of these trademarks is prohibited without express written permission.

More information can be found online at http://www.hiltonheadproperties.net

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