SOURCE: Road Wings, Inc.

July 15, 2008 08:30 ET

Road Wings, Inc. Signs Agreement With OneFi

LAS VEGAS, NV--(Marketwire - July 15, 2008) - Road Wings, Inc. (PINKSHEETS: RDWG), a Southern Nevada-based public company, announced that it has concluded a stock purchase agreement with OneFi Technology, Inc. of Orange, Calif. (www.onefitechnology.com).

OneFi Technology has developed both a hardware solution for the next generation wireless broadband technology and a software applications package which allows all bandwidth to be optimized. The WiMax technology, operating according to the 801.16e protocol which is the recently adopted international standard, will send a wireless signal for ten (10) miles. OneFi Technology uses the technology to spread signals in a wireless cloud. Users may access the signal to connect to the Internet or the OneFi Technology VoIP.

The software (patent pending) developed in-house by OneFi Technology allows the Company to offer greater yields on available bandwidth. The Company's algorithms approach the common IP protocols and maximize the available throughput so as to enhance IP performance. OneFi Technologies CFO, Mr. Tom White, stated, "Our software solution allows for us to present a program for communities which is not only competitive from a capex position, but allows for an ongoing opex advantage."

Privately held OneFi Technology is "looking forward to a tremendous growth and sizeable market share of the global bandwidth distribution segment," according to Chet Noblett, the CEO at OneFi Technology, Inc. Road Wings is set to implement the technology near its home base in Las Vegas, NV, in response to expressed interest from major hotels in the area.

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.

Contact Information