Sky440 Establishes New Products Division

Sky440, Inc. (Pink Sheets:SKYF) (�Sky440�) announced today that it is establishing a new products division which will be responsible for launching several new product lines for Sky440 in addition to managing the company�s technology distribution operations. Sky440 is in the business of distributing networking hardware and other computer related components in North America. The company plans to market various IT products, inclusive of Server, Network, Software and OEM solutions to small and medium sized Solution Providers such as System Integrators (SI�s) and Value Added Resellers (VAR�s).

Sky440 decided to move its technology distribution operations into the products division in anticipation of closing the acquisition of an international electronics manufacturer this quarter. The company is also in the process of updating its web site, filling board of director vacancies and naming a new management team to lead the products division.

About Sky440

Sky440, Inc., based in Laguna Hills, California, has been focusing on the electronic hardware and computer component industry. In the business of distributing networking hardware and other computer related components in North America, Sky440 plans to distribute technology products from more than 100 world-leading IT OEM suppliers to more than 2,000 resellers throughout North America. More information about Sky440, Inc. can be found at www.sky440.com.

Notes about forward-looking statements:

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.

Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made.

SKY440 (CE) (USOTC:SKYF)
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