SOURCE: Rapid Fitness, Inc.

December 21, 2007 08:00 ET

RAPID FITNESS, INC. Announces It Has Signed an LOI Acquisition With BIG INTERNATIONAL GROUP OF ENTERTAINMENT, INC. and Licensing Agreement

FT. LAUDERDALE, FL--(Marketwire - December 21, 2007) - RAPID FITNESS, INC. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, announces we have signed an acquisition Letter of Intent for our production division and licensing agreement for the animated characters from its feature film, "The Way of the Unicorn, the Endangered Ones." Today we announce aggressive plans to drive BIG INTERNATIONAL GROUP OF ENTERTAINMENT, INC. forward once agreement is completed. BIG INTERNATIONAL GROUP OF ENTERTAINMENT, INC. is an entertainment entity that was formed to act as a holding company for five other entertainment-based corporations that will also be joining the Rapid Fitness Production Division soon after. Big Entertainment created a multimedia organization to produce a fully diversified media link to music, animation and marketing to compete in the global marketplace.

The acquisition of BIG INTERNATIONAL GROUP OF ENTERTAINMENT, INC. is a significant part of the company's business plan that will allow them to secure a competitive advantage in the entertainment industry. The Network was designed specifically as a support entity to enhance the television, animation and publishing companies. The Big Network intends to utilize the Internet to market, and in some cases, deliver BIG INTERNATIONAL GROUP OF ENTERTAINMENT, INC. children's books, music publications, new artists on the record label and direct individuals to their themed destinations.

The Big Network's main responsibility is to tie all the products and services of the entertainment entities together, all in one location. "It is our plan to create a tight linkage of all our entertainment entities and make them easily accessible to our target market."

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Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Rapid Fitness, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.

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