Phonexchange Inc. Announces Name and Symbol Change to NetSky Holdings, Inc. Wednesday February 1, 4:02 pm ET

February 13, 2006 (PRLEAP.COM) Technology News
NetSky Holdings, Inc. recently completed a share exchange agreement with NetSky Corp. and will immediately start its new business plan as an Internet Management Company specializing in acquiring ISPs (Internet Service Providers) throughout the United States and Canada.
As an ISP Management Company, NetSky plans on acquiring ISPs and quickly consolidating their operational costs under its unique service agreement. The management of NetSky has years of experience in working with ISPs and its operational partners. NetSky's CEO, Robert W. Thayer said: “We are confident in our abilities to cut redundant operational costs and expenses with any ISP we acquire. Our operational service agreements allow us to acquire ISPs through out the United States and Canada and immediately apply numerous cost saving applications. NetSky will improve the services of each acquired ISP, and unlike some of our competitors, allow each subscriber to keep their current email address. NetSky will immediately improve upon the services previously offered by the acquired ISPs by providing acceleration software, 24/7 toll-free tech support, anti-virus and anti-spam filters, as well as improved access networks. NetSky will also offer various broad band alternatives to these subscribers. Our business plan is very exciting and I look forward to executing our business plan to make NetSky a success.''
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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.
NetSky Holdings, Inc.
(203) 403-9981