Aether Holdings Announces 1st Quarter 2006 Earnings Release and Conference Call Information

Aether Holdings (Nasdaq:AETH) will release its 1Q 2006
results after market close on Tuesday, May 9, 2006.
   A conference call is scheduled for Wednesday, May 10 at 8:30 a.m.
Eastern. To join the call, please use the following numbers:
   Dial-in numbers: [phone]/[phone] . Ask for
Confirmation Code 5497369.
   A replay of the call will be available until May 30, 2006. The
recording will begin approximately one hour after the completion of
the call.
   Replay numbers: [phone]/[phone] 
   Access code: 5497369

   This call is being webcast by CCBN and can be accessed at Aether's
web site at www.aetherholdings.com.
   The webcast is also being distributed over CCBN's Investor
Distribution Network to both institutional and individual investors.
Individual investors can listen to the call through CCBN's individual
investor center at www.companyboardroom.com or by visiting any of the
investor sites in CCBN's Individual Investor Network. Institutional
investors can access the call via CCBN's password-protected event
management site, StreetEvents (www.streetevents.com).

   About Aether Holdings

   Aether Holdings owns and manages a portfolio of mortgage-backed
securities and other short-term government agency investments. Our
principal business objective is to generate net income from the spread
between the interest income on these securities and the costs of
borrowing to finance their acquisition.