CLEARWATER, Fla., August 7, 2003 (PRIMEZONE) -- SkyWay Communications Holding Corporation (OTCBB:SWYC), and its wholly owned subsidiary, Sky Way Aircraft, Inc. are very pleased to announce that Mr. Brent C. Kovar, President and the developer/inventor of the high-speed communications transfer technology utilized by SkyWay, has been appointed to serve on the National Republican Congressional Committee Business Advisory Council.

Washington, D. C. -- Congressman Tom Delay, Majority Leader, has appointed Brent C, Kovar, to serve as the Honorary Chairman, Business Advisory Council. Officials from the National Republican Congressional Committee announced that Mr. Brent C. Kovar has been appointed to service on the Business Advisory Council in recognition of his valuable contributions and dedication to the Republican Party. Mr. Kovar will serve the State of Florida and is expected to play a crucial role in the Party's efforts to involve top business people in the process of government reform both at the state and federal levels. The Business Advisory Council is part of the National Republican Congressional Committee, and is dedicated to making sure that small business has a voice in Washington. Mr. Kovar, who has long supported Republican ideals, particularly tax reform, will be a key member of the Council in supporting the administration's efforts within the Homeland Security, Anti-Terrorism and the Airline Safety programs. Mr. Kovar was quoted as saying, "This appointment by Congressman Tom Delay will give SkyWay opportunities and direct contact to top decision makers within the executive and legislative branches enabling SkyWay to customize its homeland security and public safety products to the needs of the federal and state governments."

About Sky Way Aircraft, Inc.

Sky Way Aircraft, Inc. is a Clearwater, Florida based company that is developing a unique ground to air in-flight aircraft communication network that it anticipates will facilitate homeland security and in-flight entertainment. Sky Way Aircraft is focused on bringing to the market a network supporting aircraft-related service including anti-terrorism support, real time in-flight surveillance and monitoring, WIFI access to the Internet, telephone service and enhanced entertainment service for commercial and private aircraft throughout the United States. Based on the final upgrading of a previous airborne telephone and communications network, Sky Way Aircraft intends to provide broadband connectivity between the ground and in-flight aircraft throughout the U.S. using technology that provides a broadband high-speed data transmission. Sky Way Aircraft intends to be the communications solution for commercial and private aircraft owners wanting real time access to on-board security systems, aircraft health and welfare monitoring, avionics operations and for passengers wanting real time high-speed access to the Internet. Their network will enable applications that can personalize the in-flight entertainment experience, provide real time access to flight management avionics with long-term data storage and also support for ground monitoring of in-flight surveillance systems that are being designed with the goal of enhancing current airline security standards.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

SkyWay Communications Holding Corp 
Brent Kovar, President 
(727) 535-8211