U.S. Online Adds High-Speed Internet Service to Gables at Green Oaks

Contract Represents Expansion of Relationship

With One of Nation's Leading REITs



Apr 12, 2001, 01:00 ET from USOL Holdings, Inc.

    AUSTIN, Texas, April 12 /PRNewswire/ --
 USOL Holdings, Inc. (Nasdaq:   USOL, USOLW), a technology solutions provider for
 the residential real estate industry, today announced it has signed a
 long-term contract with Gables Residential Trust (NYSE:   GBP) to provide
 high-speed Internet service to its Gables at Green Oaks property in Arlington,
 Texas.
     This agreement augments the cable-services U.S. OnLine currently provides
 to the 300-unit property.  Gables is an Atlanta-based real estate investment
 trust (REIT) with more than 27,000 apartments in major U.S. markets.
     "Gables is a frontrunner in the multi-family tenant industry, so it is
 obviously a privilege to have such a strong working relationship them," said
 Rob Solomon, CEO of USOL Holdings.  "Considering that Gables' portfolio
 consists of approximately 80 properties in a variety of rapidly growing
 markets, we view our relationship as a long-term growth opportunity and a
 validation of our product and service model."
 
     Austin-based USOL Holdings provides integrated telecommunications and
 entertainment services to the residential real estate industry.  Its
 subsidiary, U.S. OnLine, provides local and long distance telephone services,
 cable television and high-speed Internet access, in a single package at
 competitive prices, all with the convenience of a single monthly invoice to
 residents of MDUs.  U.S. OnLine provides its services in seven major
 markets -- Austin, Dallas/Ft. Worth, Denver, Houston, San Antonio, Washington,
 D.C. and Portland, Ore. -- and currently serves approximately
 54,455 operational passings.  USOL Holdings also owns TheResidentClub, which
 develops Internet platforms that provide a range of private-labeled online
 solutions for MDU communities and other residential markets.
 
     Gables is one of the nation's largest owners, operators, and developers of
 Class A/AA multi-family communities.  Founded in 1982, Gables is a real estate
 investment trust (REIT) with a portfolio of 80 apartment communities in the
 high-growth, economically diverse markets of Atlanta, Austin, Boca Raton,
 Dallas, Ft. Lauderdale, Houston, Memphis, Nashville, and Orlando.  Renowned
 for development expertise and service to residents, the Company is also a
 source for brokerage, fee management services, and corporate apartment homes.
 
     Statements contained in the news release that are not historical facts are
 forward looking statements as that term is defined in the Private Securities
 Litigation Reform Act of 1995.  Such forward-looking statements are subject to
 risks and uncertainties, which would cause actual results to differ materially
 from estimated results.  Such risks and uncertainties are detailed in the
 Company's filings with the Securities and Exchange Commission.
 
 

SOURCE USOL Holdings, Inc.
    AUSTIN, Texas, April 12 /PRNewswire/ --
 USOL Holdings, Inc. (Nasdaq:   USOL, USOLW), a technology solutions provider for
 the residential real estate industry, today announced it has signed a
 long-term contract with Gables Residential Trust (NYSE:   GBP) to provide
 high-speed Internet service to its Gables at Green Oaks property in Arlington,
 Texas.
     This agreement augments the cable-services U.S. OnLine currently provides
 to the 300-unit property.  Gables is an Atlanta-based real estate investment
 trust (REIT) with more than 27,000 apartments in major U.S. markets.
     "Gables is a frontrunner in the multi-family tenant industry, so it is
 obviously a privilege to have such a strong working relationship them," said
 Rob Solomon, CEO of USOL Holdings.  "Considering that Gables' portfolio
 consists of approximately 80 properties in a variety of rapidly growing
 markets, we view our relationship as a long-term growth opportunity and a
 validation of our product and service model."
 
     Austin-based USOL Holdings provides integrated telecommunications and
 entertainment services to the residential real estate industry.  Its
 subsidiary, U.S. OnLine, provides local and long distance telephone services,
 cable television and high-speed Internet access, in a single package at
 competitive prices, all with the convenience of a single monthly invoice to
 residents of MDUs.  U.S. OnLine provides its services in seven major
 markets -- Austin, Dallas/Ft. Worth, Denver, Houston, San Antonio, Washington,
 D.C. and Portland, Ore. -- and currently serves approximately
 54,455 operational passings.  USOL Holdings also owns TheResidentClub, which
 develops Internet platforms that provide a range of private-labeled online
 solutions for MDU communities and other residential markets.
 
     Gables is one of the nation's largest owners, operators, and developers of
 Class A/AA multi-family communities.  Founded in 1982, Gables is a real estate
 investment trust (REIT) with a portfolio of 80 apartment communities in the
 high-growth, economically diverse markets of Atlanta, Austin, Boca Raton,
 Dallas, Ft. Lauderdale, Houston, Memphis, Nashville, and Orlando.  Renowned
 for development expertise and service to residents, the Company is also a
 source for brokerage, fee management services, and corporate apartment homes.
 
     Statements contained in the news release that are not historical facts are
 forward looking statements as that term is defined in the Private Securities
 Litigation Reform Act of 1995.  Such forward-looking statements are subject to
 risks and uncertainties, which would cause actual results to differ materially
 from estimated results.  Such risks and uncertainties are detailed in the
 Company's filings with the Securities and Exchange Commission.
 
 SOURCE  USOL Holdings, Inc.