SOURCE: NetSky Holdings, Inc.

November 16, 2006 11:22 ET

NetSky Holdings Launches New Hispanic Internet Service, Rapidez.net

NEW CANAAN, CT -- (MARKET WIRE) -- November 16, 2006 --NetSky Holdings, Inc. (PINKSHEETS: NKYH) announced that it has launched a new bilingual Internet service, Rapidez.net (www.rapidez.net). Rapidez.net is a portal that will provide Internet access and services to customers throughout the United States and Canada as well as provide Spanish-language content.

Raidez.net will feature Spanish-language versions of NetSkyWeb.com services (www.netskyweb.com) such as web-email and live news stories which will be marketed to the growing number of Spanish-speaking residents in North America. In addition, Rapidez.net will include links to numerous countries of Hispanic origin in South America and the Caribbean. The news links will include sports content including links to the various popular soccer sites for each country featured.

NetSky's CEO Robert Thayer commented: "The growth opportunity in the USA for an Internet service to the Hispanic markets is vast. NetSky understands that there are many cultural differences and similarities so we are providing a portal for our Internet service that recognizes many different Hispanic countries throughout the world. The Internet service will be competitively priced and include our accelerator technology for faster browsing speeds. We are also planning to add new services in the near future to complement this dynamic portal and Internet service."

The Rapidez.net portal and Internet service will feature email, live news updates in both the Spanish and English, and links to numerous sites of interest for the Hispanic community. Rapidez.net Internet service is priced at $12.95 per month and will include accelerator software for faster browsing services when surfing the Internet.

About NetSky Holdings:

NetSky is an ISP Management Company that focuses on acquiring ISPs, then quickly consolidating their operations to reduce costs and overhead to achieve favorable economies of scale. NetSky has also launched and is developing value-added content websites. The purpose of these websites is to generate product sales and advertising revenue from its subscribers, as well as the general public (www.netskytravel.com, www.netskytraffic.com, www.easyhelpinfo.com, and www.thearcadegeek.com). 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 also offers various broadband alternatives to its subscribers.

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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