MONTREAL -- AbsoluteSKY, Inc. (OTCBB:ABSY), a developer of Radio Frequency IDentification (RFID) solutions for the retail sector, has begun publicly trading its shares under the stock symbol ABSY.

AbsoluteSKY enters the market with a strong foundation in technology, an experienced management team and a fresh vision for the evolving potential of RFID. With unique solutions and a deep-rooted understanding of the retail business, AbsoluteSKY holds the potential to move to the forefront of the rapidly emerging RFID field, which industry experts have predicted to grow to over $2B U.S. worldwide in 2006, with the retail sector accounting for almost half of this figure in the U.S. alone, becoming over $3B US by 2008.

In the face of this potential, AbsoluteSKY is positioning for leadership as a total solutions provider, and is already working with major clients and top industry partners to roll out products that stand to revolutionize supply chain management as it is known today. Announcements to this effect are expected to be released by the Company in coming weeks.

AbsoluteSKY Inc.