News

Houston, TX – May 4, 2005 – Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (“HVAC”) services, today announced net income of $529,000 or $0.01 per diluted share, for the quarter ended March 31, 2005, as compared to net income of $1,043,000 or $0.03 per diluted share, in the first quarter of 2004. Bill Murdy, Comfort Systems USA's Chairman and CEO, said, “Although as expected we earned less than we did last year in our seasonally low first quarter, we continue to feel positive about our prospects to exceed our 2004 earnings during 2005.”

The Company reported revenues from continuing operations of $204,690,000 in the current quarter, an increase of 6.2% as compared to $192,801,000 in 2004. Approximately 3.3% of this increase related to internal growth and the remaining 2.9% resulted from the acquisition of Granite State Plumbing & Heating in January 2005. Following a very strong fourth quarter cash flow, the Company reported negative free cash flow of $7,436,000 in the current quarter which was funded entirely by existing cash balances. Backlog as of March 31, 2005 was a record $629,600,000, up 9.8% from $573,400,000, the previous record as of December 31, 2004.

Murdy continued, “Our increased revenues and record backlog reflect continuing improvement in activity levels and suggest a good opportunity for success during the remainder of the year. Our acquisition of Granite State Plumbing & Heating has met all of our initial expectations, and they are part of our revenue and backlog increase. However, even without the effects of the Granite State acquisition, revenues were up $6.3 million and backlog has increased by $140.6 million from a year earlier.” Bill Murdy concluded, “Overall, we believe we remain well-positioned to deliver strong results in 2005.”

As previously announced, the Company will host a conference call to discuss its financial results and position in more depth on Thursday, May 5, 2005 at 10:00 a.m. Central Time. The call-in number for this conference call is 1-712-257-2124. A replay of the entire call will be available until 6:00 p.m. Central Time, Thursday, May 12, 2005 by calling 1-203-369-1801.

Comfort Systems USA is a premier provider of business solutions addressing workplace comfort, with 60 locations in 51 cities around the nation. For more information, visit the Company's website at www.comfortsystemsusa.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current plans and expectations of Comfort Systems USA, Inc. and involve risks and uncertainties that could cause actual future activ ities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors that could cause actual results to differ include, among others, retention of key management, national and regional weakness in non-residential construction activity, difficulty in obtaining or increased costs associated with debt financing or bonding, shortages of labor and specialty building materials, seasonal fluctuations in the demand for HVAC systems and the use of incorrect estimates for bidding a fixed price contract and other risks detailed in the Company's reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release. Comfort Systems USA, Inc. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Comfort Systems USA Inc.'s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.