Ariel Way Files Restated Quarterly Report

Highest Quarterly Revenue Ever


VIENNA, Va., June 11, 2008 (PRIME NEWSWIRE) -- Ariel Way, Inc. (OTCBB:AWYI) announced today that it had filed its restated Quarterly Report 10-QSB for the period ended March 31, 2008. The reported quarterly revenue at $1,124,715 is the highest quarterly revenue ever for Ariel Way. The total assets reported at $5,415,762 is also the highest amount of assets ever for Ariel Way. As a result of transactions during the quarter, there was also a significant reduction of liabilities and debt.

The restatement relates to the following 2008 items for the statements of cash flows: To correct the erroneous classification of cash flows from accounts payable and accrued expenses transactions, promissory note and stock issued for an acquisition and net transfers of subsidiaries to related party.

About Ariel Way, Inc.

Ariel Way, Inc., a Florida corporation ("Ariel Way" or the "Company"), is a technology and services company for highly secure global communications, multimedia and digital signage solutions and technologies. The Company is focused on developing innovative and secure technologies, acquiring and growing profitable advanced technology companies and global communications service providers and creating strategic alliances with companies in complementary product lines and service industries.

More information about Ariel Way can be found on the web at http://www.arielway.com.

Forward-Looking Statements: Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statement", which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the Company's Form 10-KSB for the fiscal year ended September 30, 2007 for a discussion of such risks, uncertainties and other factors. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. These forward-looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.


            

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