Exhibit 99.1


                                                                    NEWS RELEASE

                                                           FOR IMMEDIATE RELEASE
                                                           ---------------------
                                                                  August 1, 2006

FOR FURTHER INFORMATION CONTACT:
Anthony J. Caldarone
Chairman, President and Chief Executive Officer
Calton, Inc.
(772) 794-1414
Company website:  www.caltoninc.com
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               CALTON, INC. ANNOUNCES SALE OF INTERNET SUBSIDIARY

Vero Beach, Florida, August 1, 2006 - Calton, Inc. (OTC.BB: CTON.OB) announced
today the sale of its internet subsidiary.

Anthony J. Caldarone, Chairman, President and Chief Executive Officer, stated
that on July 31, 2006, Calton, Inc. (the "Company") sold substantially all of
the assets of one of its wholly-owned subsidiaries, eCalton.com, Inc.
("eCalton"), to Bray Web Development, Inc. The sale of the assets was made
pursuant to an Asset Purchase Agreement dated July 24, 2006. The Company first
acquired its eCalton subsidiary in July of 1999.

Gregory A. Bray, the President and a principal of Bray Web Development, Inc.,
was the Vice President of Operations of eCalton, and all of the former employees
of this subsidiary will be retained by the new company.

The purchase price of the eCalton assets was $250,000. In addition, Bray Web
Development assumed certain specified liabilities of eCalton. Due to this sale,
the Company will no longer be in the business of providing Internet business
solutions, website development or design services.

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Certain  information   included  in  this  press  release  and  Company  filings
(collectively,  "SEC filings") under the Securities Act of 1933, as amended, and
the  Securities  Exchange  Act of  1934,  as  amended  (as  well as  information
communicated  orally  or in  writing  between  the  dates of such  SEC  filings)
contains or may contain forward looking  information  that is subject to certain
risks,  trends and  uncertainties  that  could  cause  actual  results to differ
materially from expected  results.  Among these risks,  trends and uncertainties
are the  Company's  ability  to  raise  capital,  commercial  acceptance  of the
Company's  co-branded  customer loyalty credit card program,  national and local
economic  conditions,  including  conditions  in  the  residential  homebuilding
industry, conditions and trends in the homebuilding industry in general, changes
in interest rates,  the Company's  ability to acquire  property for development,
the  impact of severe  weather on the  Company's  homebuilding  operations,  the
effect of  governmental  regulation on the Company and other  factors  described
from time to time in our filings with the Securities and Exchange Commission.
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