SOURCE: NetSky Holdings, Inc.

September 10, 2007 08:53 ET

NetSky Continues Expansion Strategy With Acquisition of Alabama ISP

NEW CANAAN, CT--(Marketwire - September 10, 2007) - NetSky Holdings, Inc. (PINKSHEETS: NKYH), an Internet consolidation company, announced today that it has acquired the dial-up subscriber customer base of the Internet service provider (ISP) PepperLink.net (http://www.pepperlink.net). It is the third ISP acquisition for NetSky Holdings and the Pepperlink customers will be offered the opportunity to upgrade to high speed Internet service in the next 60 days.

NetSky continues to acquire and operate ISPs across the United States, utilizing its unique accelerator technologies for faster browsing and a higher standard of Internet service. The acquisition augments its business strategy of reducing operational and overhead costs to reach profitability and increase shareholder value.

PepperLink.net (http://www.pepperlink.net) is located in Alabama and this acquisition adds to NetSky's subscriber base under the NetSky ISP umbrella. The acquisition increases NetSky's revenue and expands its footprint across the U.S., implementing its business strategy to become a leading provider of high-quality web hosting, Internet Service and revenue-generating Web sites.

"The transition and migration of Pepperlink customers was seamless and smooth. People are creatures of habit and we wanted to keep the portal page and its functionality the same. All subscribers are now receiving Internet access through NetSky's operational platform and we look forward to offering exciting new features and Internet connectivity services," 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.netskytraffic.com, www.pictureflex.com, www.netskytravel.com, www.netskycell.com, www.easyhelpinfo.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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