SOURCE: Extreme Fitness, Inc.

January 24, 2008 08:30 ET

Extreme Fitness Receives $325,000 Contract With Supernova -- Extreme Fitness Center to Supply Exercise Equipment

PENROSE, CO--(Marketwire - January 24, 2008) - Extreme Fitness Inc. (PINKSHEETS: EXTF) is proud to announce that it has received a large contract and will supply equipment worth over $325,000 for a New Cardiovascular, Selectorized circuit training and group exercise products for a new fitness and wellness facility. The center will also have our line of strength training and free weight equipment. "The Super Nova-Extreme Fitness Center" will be located in Pueblo West Colorado, 20 minutes from our manufacturing facility. This will be a working showroom showcasing all of our new products for both clubs and retail markets. This prototype facility will be operated and owned by Vladimir and Ludmila Nova. Extreme Fitness has been working with the Nova's on the fitness center design, layout and location for over the past 14 months. The center is expected to open around May 1st, 2008. This facility is the launching pad club for our future franchised, turnkey health and fitness facility. The target market is franchising cities with populations of 75,000 to 150,000. The club will incorporate additional profit centers with private managed nutrition and supplement store, fitness retail store and on site physical therapy offices and rehab center. The facility is pre designed for future business expansion for sports performance training and additional medical space.

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I M & M Exercise Equipment, wholly owned subsidiary of Extreme Fitness Inc., founded in 1974, manufacturing since 1983, designs, manufactures and distributes strength training and fitness equipment in the emerging exercise equipment market. Frank Huerta, with sons Tom and John, capitalized on their sophisticated machining and manufacturing skills to engineer what rapidly became established as the premier exercise equipment on the market. The trio self-engineered and designed hundreds of products and implemented manufacturing processes for all stages of development and production. High profile clients continue to demand their products and services such as the United States Olympic Training Centers, Colleges and Universities, Professional Sports Teams, Major Chain Health Clubs as well Celebrities and Professional athletes and coaches. The trio brings more than 66 years of combined experience and over 3 decades of successful business in the fitness industry.

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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