SKYE International Inc. Completes Reverse Split and Announces Change of Trading Symbol...

SKYE International Inc. Completes Reverse Split and Announces Change of Trading Symbol to 'SKYI'

Announces Process for Mandatory Exchange of Certificates
SCOTTSDALE, Ariz.--(Business Wire)--
SKYE International Inc. (OTCBB: SKYY) today announced the
completion of the reverse split of its authorized and issued shares of
common stock by way of the filing of a Certificate of Change with the
Nevada Secretary of State. Effective as of May 16, 2008, the number of
authorized shares of common stock decreased from 100,000,000 to
25,000,000 and the number of issued and outstanding shares of common
stock decreased from 46,853,397 to 11,713,349.

Shareholders will be deemed to own one (1) share for every four
(4) shares of common stock owned as of the record date of May 16,
2008. The new CUSIP number for the common stock will be 83083D 20 6
and the new trading symbol is SKYI. In lieu of issuing fractional
shares, the number of shares will be rounded down to the nearest whole
share and payment will be made at the rate of $0.10 per pre-split
share.

The exchange of certificates will be mandatory for all holders.
All share certificates must be turned into Computershare Trust
Company, Skye's new transfer agent, by December 31, 2008.
Computershare Trust Company will send out a letter of transmittal to
all holders of record with instructions as to affect the exchange of
certificates. After December 31, 2008, any old stock certificates
bearing old CUSIP number 83083D 10 7 shall no longer entitle the
certificate holder to any of the rights of a shareholder of Skye, and
shall no longer be transferable or tradable in any public or private
market or exchange. After December 31, 2008, all old certificates
shall have no value; except for the right to be exchanged for
certificates evidencing the post-reverse split shares with all usual
and customary rights attached thereto.

About SKYE

SKYE International, Inc. designs innovative consumer appliances
and products with leading-edge technology and unparalleled
functionality. SKYE's mission is to provide North American homes with
better choices for everyday living by creating useful,
multi-generational lifestyle products delivering reliability,
innovation, functionality and ecological responsibility.

For more information call 1-480-993-2300 or visit
www.skye-betterliving.com.

Safe Harbor

This release includes forward-looking statements that can
generally be identified by phrases such as SKYE or its management
"believes," "expects," "anticipates," "foresees," "forecasts,"
"estimates" or other words or phrases of similar import. Similarly,
statements in this release that describe our business strategy,
outlook, objectives, plans, intentions or goals also are
forward-looking statements. All such forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those in forward-looking statements.
Other risks and uncertainties include, but are not limited to: general
economic conditions and conditions in the markets we address; the
substantial losses the company has incurred to date; demand for and
market acceptance of new products; successful development of new
products; the timing of new product introductions and product quality;
the company's ability to anticipate trends and develop products for
which there will be market demand; the availability of manufacturing
capacity; pricing pressures and other competitive factors; changes in
product mix; product obsolescence; the ability of our customers to
manage inventory; the ability to develop and implement new
technologies and to obtain protection for the related intellectual
property; the uncertainties of litigation and the demands it may place
on the time and attention of company management; as well as other
risks and uncertainties, including those detailed from time to time in
our Securities and Exchange Commission filings. The forward-looking
statements are made only as of the date hereof. We undertake no
obligation to update or revise the forward-looking statements, whether
as a result of new information, future events or otherwise.

SKYE International Inc.
Gregg Johnson, 602-478-2929

Copyright Business Wire 2008