SOURCE: NetSky Holdings, Inc.

November 01, 2007 08:31 ET

NetSky Launches Indie Music Social Networking Site, RockTag.Us

NEW CANAAN, CT--(Marketwire - November 1, 2007) - NetSky Holdings, Inc. (PINKSHEETS: NKYH) announced today that it has launched RockTag.Us (www.rocktag.us), a social networking site aimed at new and established bands and musicians. The Company envisions the site as a hub of activity for the distinct demographic and a vehicle for advertising and networking revenue.

RockTag.Us is a free site that utilizes a simple MP3 format, allowing users to upload and showcase their music. The Web site allows all registered members to connect to and build relationships with other musicians, bands and artists. Members receive personalized profiles featuring a customizable MP3 music player, a photo gallery, customized RockTag.Us instant messenger and a free personalized blog. The site also features games, live chat, news and classifieds.

According to Hitwise, an online competitive intelligence service, the market share of Internet visits to the top 20 social networking websites grew by 11.5 percent from January to February 2007, to account for 6.5 percent of all Internet visits in February 2007. NetSky Holdings is confident in the viability of a networking Web site solely focused on the independent music community.

"We have built a niche online community in which musicians, bands, managers and independent music labels are able to converge, meet and interact with each other. Many of the popular social sites on the Internet have become too big and too general, and we offer many opportunities specifically catered to this community," stated Robert W. Thayer, CEO of NetSky Holdings, Inc.

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.petsplaces.com, www.netskycell.com, www.pictureflex.com, www.netskytraffic.com, www.netskytravel.com, and www.easyhelpinfo.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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