SOURCE: NetSky Holdings, Inc.

October 09, 2007 08:31 ET

NetSky Holdings' CEO Discusses Strategy for Success in WallSt.net Interview

NEW CANAAN, CT,--(Marketwire - October 9, 2007) - NetSky Holdings, Inc. (PINKSHEETS: NKYH), an Internet consolidation company, is pleased to announce that its CEO, Robert Thayer, has been featured in an online interview with WallSt.net. In the interview with reporter Mike Chiavetta, Mr. Thayer provided insight into the workings of NetSky's operational platform as well as the Company's strategy for success.

"Acquiring a Web hosting company is a major interest to NetSky right now as the market is hot and the timing seems right. But it's NetSky's business model that makes us unique and differentiates us from our competitors. All services needed to operate, maintain and acquire an ISP or Internet company are handled through our operational platform, in which most services are outsourced. Because of this we are able to immediately cut all existing costs for services and facilities that were utilized before the acquisition was made," stated Robert Thayer, CEO of NetSky Holdings, Inc., during the 10-minute interview.

The CEO also stressed the potential value of social networking Web sites, referring to a recent BusinessWeek magazine story that estimated the pet market to be valued at approximately $41 billion annually in the United States. NetSky's PetsPlaces.com now boasts more than 4,000 members and Mr. Thayer is confident that the site will become increasingly attractive to pet-related companies.

To hear the interview in its entirety, please visit: http://www.wallst.net/audio/audio.asp?ticker=NKYH&id=3967.

About WallSt.net:

Wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The Web site is a leading provider of financial news, media, tools and community-driven applications for investors.

About NetSky Holdings, Inc.:

NetSky Holdings is an Internet consolidation company acquiring ISPs, Web hosting companies and revenue generating Web sites. When acquiring ISPs and Web hosting companies, NetSky quickly consolidates their operations to reduce costs and overhead to achieve favorable economies of scale. NetSky management has years of experience in working with ISPs and its operational partners. NetSky provides its ISP subscribers acceleration software, 24/7 toll-free tech support, anti-virus and anti-spam filters, as well as improved access networks. NetSky has also launched, and is developing, value-added content Web sites. Some Web sites developed or acquired by NetSky are www.netskyvoice.com, www.petsplaces.com, www.netskytraffic.com, www.easyhelpinfo.com, www.pictureflex.com, www.netskycell.com, www.netskytravel.com, and www.netskysms.com. The purpose of these Web sites is to generate product sales and advertising revenue from its subscribers, as well as the general public.

This press release contains certain forward-looking statements, which are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements of future goals or expectations, containing words such as "expect," "believe," "should," "anticipate," "intend," "plan," "may," "will" or similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks, uncertainties and assumptions that are difficult to predict and that could cause actual results to differ materially from those currently anticipated. Factors that could cause or contribute to such differences include, but are not limited to, the successful completion of acquisitions and the integration of such businesses with those of the Company, competition, technological changes, the ability to obtain financing and other factors. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

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