SOURCE: NetSky Holdings, Inc.

January 30, 2007 09:00 ET

NetSky Launches Online Photo Hosting Service, PictureFlex.com

NEW CANAAN, CT -- (MARKET WIRE) -- January 30, 2007 -- NetSky Holdings, Inc. (PINKSHEETS: NKYH), an Internet consolidation company, launches an online digital photo hosting service, PictureFlex.com (www.pictureflex.com).

PictureFlex.com is a digital photo hosting service that provides Internet users with free storage for their digital photos online. Registration is simple, all the user needs to do is to create a username and password and then enter their email address to confirm. Once the username is taken, the user's account will immediately become active and he or she can start uploading photos. Users can then post their digital photo album to be displayed openly to the general public or keep all of the digital photos private.

Robert W. Thayer, CEO of NetSky, commented, "NetSky owns the code and software for PictureFlex.com, and we believe that PictureFlex.com is an important part of building a portfolio of value-added, revenue generating websites. PictureFlex.com is a great hosting or storage site for digital photos. It's simple to use and allows members to upload their photo images and store them online with no fuss. The fact is that this online photo storage service is free and is easy to use. PictureFlex will be advertised to our captive audience and Internet users worldwide. It works well on both low- and high-speed Internet connections. We intend to generate revenue from the site three ways, as follows: by offering interested advertiser's banner space and links; by offering premium storage services for a fee, and lastly; by offering members quality products such as actual bound photo albums that contain their choice of digital photos."

Once users of www.PictureFlex.com register online for free, they can immediately begin uploading their own photos. The digital photo service is easy to use and provides all members with their own online digital photo album.

Thayer continued; "Every day, new websites are being created that provide the tools needed for the mass market of Internet users to become their own Web publishers. PictureFlex.com is one of these websites. There are some great features associated with this software, such as the Gallery mode, which allows everyone to see your digital photos, or if you chose you can password protect your photos for limited viewing by friends and family members. It's an exciting service and fits in with our business model of acquiring value-added websites for our subscribers to generate additional revenue streams for NetSky. As always, our Management Team continues to review ISPs that are for sale as potential acquisitions for NetSky."

Registration is now active and online. Anyone interested can go to www.pictureflex.com and join the service now.

About NetSky Holdings:

NetSky Holdings is an Internet consolidation company acquiring ISPs and value-added Internet websites to generate additional revenue streams. When acquiring ISPs, 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 websites. Some websites developed or acquired by NetSky are www.netskytravel.com, www.netskycell.com, www.easyhelpinfo.com and www.netskysms.com.The purpose of these websites 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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