SOURCE: Rapid Fitness, Inc.

August 05, 2008 09:30 ET

Rapid Fitness, Inc. Announces Company Completes $107 Million Dollar Acquisition of Reomt, LLC.

FT. LAUDERDALE, FL--(Marketwire - August 5, 2008) - RAPID FITNESS, INC. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, announced the Company has signed the final agreement to acquire Reomt, LLC., a gold mine holding company with a 160 acre gold mine in Nevada, called and filed as the "Lucky Linda claim."

Under the Agreement, Reomt, LLC. becomes a subsidiary of Rapid Fitness, soon to be changed to Tri-Star Holdings, Inc. We are presently working on the new website which will include details about the claim including geological reports about the gold mine within the next week. The move comes as management responds to the need to diversify the company's assets to support the company's revenue growth and shareholder value. Roemt, LLC.'s most recent geological reports and preliminary metals surveys estimate a total possible gold and other precious metals reserve of $80 billion dollars on the site. The company is now in negotiations with equipment vendors, refinery operators and building contractors to begin construction of the extraction plant. The companies' intent is to begin operations as soon as possible.

Anthony Mellone stated, "This is an extremely exciting deal for the company and our shareholders. The state of Nevada has permitted 900 tons of earth, gold and mineral deposits to be processed during the immediate permit process. The estimated cost of this first run is $45,000.00 dollars with potential initial revenues of up to $5,600,000.00."

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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