updated 3/2/2011 11:16:28 AM ET 2011-03-02T16:16:28

DALLAS, March 2, 2011 (GLOBE NEWSWIRE) -- Heelys, Inc. (Nasdaq:HLYS) announced today that the Company will host a conference call and webcast on Thursday, March 10, 2011 to discuss its fourth quarter and fiscal 2010 year-end financial results. The teleconference will begin at 11:00 a.m. Eastern Time. The related earnings press release is expected to be issued after the close of the market on Wednesday, March 9, 2011.

To participate in the teleconference, investors should dial (877) 342-9747 a few minutes before the start. International callers may dial (678) 304-6848. The broadcast will also be available at http://investors.heelys.com/index.cfm . An audio replay of the webcast will be archived on the Heelys' investor website for 1 year.

About Heelys, Inc.

Heelys, Inc. designs, markets and distributes innovative, action sports-inspired products under the HEELYS(R) brand targeted to the youth market.  The Company's primary product, HEELYS-wheeled footwear, is patented dual purpose footwear that incorporates a stealth, removable wheel in the heel. HEELYS-wheeled footwear allows the user to seamlessly transition from walking or running to rolling by shifting weight to the heel.  Users can transform HEELYS-wheeled footwear into street footwear by removing the wheel.  HEELYS-wheeled footwear provides users with a unique combination of fun and style that differentiates it from other footwear and wheeled sports products.

CONTACT: Heelys, Inc.
         Craig Storey, 214-390-1831
         Chief Financial Officer

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