SOURCE: Feelgoods International, Inc.

October 10, 2006 08:31 ET

Feelgoods International, Inc. Enters Multi-Billion Dollar Health Market for Women Completing Acquisition of Ladies Health and Fitness

ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- October 10, 2006 -- Feelgoods International, Inc. (PINKSHEETS: FGNL) announced today that they have completed the acquisition of Ladies Health and Fitness USA (http://www.ladieshealthandfitnessusa.com/) of Greenville, South Carolina. Ladies Health and Fitness USA cater their 30-minute fitness programs exclusively to women. They offer a complete range of circuit training equipment, including treadmills, recumbent bicycles, aerobic boards, elliptical trainers, dumbbells, free weights, glut press, and a full range of resistance machines.

"The relationship with Feelgoods International, Inc. will enable Ladies Health and Fitness USA to better implement our franchise strategy throughout the country," stated Jeff Sarvis, President of Ladies Health and Fitness USA.

"We are very excited to complete the acquisition of a wonderful company like Ladies Health and Fitness USA and to potentially gain access to the multi-billion dollar fitness and health market specialized for women in the United States. This coincides with our existing strategy to market our natural skin care system in the United States," stated Marcel Maurer, CEO of Feelgoods International, Inc.

Feelgoods International, Inc. recently announced that the Company has opened a new Feelgoods International office in Kerken, Germany, near Dusseldorf. The German pharmaceutical market for nutriceuticals is currently estimated to be a three billion dollar industry and is continuously expanding.

About Ladies Health and Fitness USA:

Based in Greenville, South Carolina, Ladies Health and Fitness USA offers franchise opportunities for Territorial Reps. Ladies Health and Fitness USA helps Territorial Reps find and support potential franchises. The Company's marketing DMA structure is designed to provide a solid foundation for growth.

About Feelgoods International, Inc.:

Based in Zurich-Kloten, Switzerland, Feelgoods International, Inc. (www.feelgoodsint.com) offers a unique franchise business opportunity for thousands of European Pharmacies. The franchise system is designed to significantly increase the pharmacy's revenue by maximizing the revenue potential of a Pharmacy's existing customer traffic. The Feelgoods model is easily incorporated into a Pharmacy's existing floor space, producing a self-contained business or "shop within a shop." Feelgoods' focus is on products that complement the pharmacy's conventional inventory by introducing products such as alternative medications, nutriceuticals, lifestyle products and bio cosmetics.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact Information