SOURCE: Road Wings, Inc.

August 01, 2008 13:43 ET

Road Wings Updates Financials

LAS VEGAS, NV--(Marketwire - August 1, 2008) - Road Wings, Inc. (PINKSHEETS: RDWG) has posted new financials on its Pink Sheets disclosure filings, available for view at: "As a direct result of our cash injections into OneFi Technologies, our ownership interest in OneFi continues to grow, benefitting from the OneFi balance sheet, also reflected on Pink Sheets," stated RDWG President Travis Grimmett. Grimmett went on to say that RDWG will, "continue to buy into OneFi Technologies on a consistent basis."

According to the Company, the most recent share structure of Road Wings is as follows:

As of August 1, 2008
Shares Outstanding: 446,000,000
Float: 351,000,000

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligations to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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