SOURCE: Rapid Fitness, Inc.

August 11, 2008 09:00 ET

Rapid Fitness, Inc. Announces Board of Directors Signed and Approved Name Change

FT. LAUDERDALE, FL--(Marketwire - August 11, 2008) - RAPID FITNESS, INC. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, announced that the board of directors signed and approved a name change. As of Friday Aug 8, 2008 Rapid Fitness, Inc. file and changed the name to Tri-Star Holdings, Inc. affective immediately. We expect the changing of the cusip and symbol take place within 15 days. We have also requested all certs and stocks to be physically exchanged for the new Tri-Star Holdings, Inc. certs.

Rapid Fitness President & CEO Anthony Mellone stated, "This is a good move for the company; it shall force all the shorts to cover and the brokers not willing to support the company to get out of our way for a while, giving us a chance to complete the restructuring of the company. This should give us increased shareholder value. As I stated before -- this will simultaneously reward our loyal shareholders and thwart any potential naked short selling activities or market abuses and force the shorts to cover. I would like to reassure shareholders that while growing the company's bottom line is our day-to-day business, we are examining any potentially negative market activities impeding our long term value, and exploring direct means of recourse."

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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