EXHIBIT 1

JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them a Statement on Schedule 13G (including amendments thereto) with regard to the common stock of Rocky Brands, Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, hereby execute this Joint Filing Agreement as of February 14, 2008.

WS CAPITAL, L.L.C.
 
By:
/s/ Reid S. Walker 
 
Reid S. Walker, Member
   
WS CAPITAL MANAGEMENT, L.P.
 
By: WS Capital, L.L.C., its general partner
 
By:
 /s/ Reid S. Walker 
 
Reid S. Walker, Member
   
WSV MANAGEMENT, L.L.C.
 
By:
 /s/ Reid S. Walker 
 
Reid S. Walker, Member
   
WS VENTURES MANAGEMENT, L.P.
 
By: WSV Management, L.L.C., its general partner
 
By:
 /s/ Reid S. Walker 
 
Reid S. Walker, Member
   
/s/ Reid S. Walker
REID S. WALKER
   
/s/ G. Stacy Smith
G. STACY SMITH
   
/s/ Patrick P. Walker
PATRICK P. WALKER