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[AngusYoung]

Road Wings Buys More Stock in OneFi Tech

Jul 25, 2008 9:45:00 AM
View Additional ProfilesLAS VEGAS, NV -- (MARKET WIRE) -- 07/25/08 -- Road Wings, Inc. (PINKSHEETS: RDWG) today announced the second acquisition of stock from OneFi Technologies, Inc. pursuant to the recently announced stock purchase agreement between the two parties. Mr. Travis Grimmett, President of Road Wings, stated, "Our Company, as the primary source of funding for OneFi, is in an enviable position. As OneFi adds revenue producing cities to its services, Road Wings increases its stock position."

OneFi and Road Wings recently announced that OneFi has been approved and is currently installing its WiMax/WiFi communications system in the city of Buena Park, CA. The OneFi Technology networks broadband signal will allow the citizens of Buena Park to access the internet at speeds up to 104 mbps. Additionally, the network will allow for VoIP, IPTV and first run movie downloads. The standard network allows for 802.11-b-g, but the OneFi Technology network design incorporates the WiMax 801.16e signal which will go as far as twenty miles and also OneFi Technology uses 802.11-b-g and n to allow last mile user access.

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:
InvestSource, Inc.
http://www.investsourceinc.com
714-847-2460