SOURCE: Rapid Fitness, Inc.

June 23, 2008 11:42 ET

Rapid Fitness, Inc. Announces Company Board Has Approved and Signed the Acquisition With Global TV Network

FT. LAUDERDALE, FL--(Marketwire - June 23, 2008) - RAPID FITNESS, INC. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, Announces the board has approved and signed the agreement with Global TV network.

The Global TV network ISP was a Subsidiary of Global Triad -- developed, owned and run by Anthony Mellone, Antonio Mellone, Sr. and Donna Yamin and has been in development since 2001 under the name Global Web TV. In 2003 the company was changed to Global Triad and Global web TV and was placed as a subsidiary as Global ISP. Global Triad was sold and the subs were spun out to private companies and returned to its owners and shareholders of record. Since then Global has signed an agreement with an OTC Bulletin Board company (Holding Company soon to be announced) which offered to purchase our mainstream entertainment subsidiaries. Rapid Fitness and Global Board of Directors, being the same, have decided to combine all the shareholders and media divisions in both companies. This makes both companies twice as strong and more profitable.

Anthony Mellone stated: "This is the best move we have made since we have begun operations in both companies. This agreement supports all our investments and shareholders into a stronger position as we stated in prior releases. The synergies between these two companies are in the same industry, but on different roads. Placing both companies together give us a wider playing field and completes missing links for a global media enterprise."

About Global TV Network:

The Global TV Network is an ISP Portal broadcasting in all languages around the world; their portal has been designed to open in 156 languages in all the top countries. They also stream TV programming in all languages any where in the world for the first worldwide TV broadcasting Network. Global TV Network broadcasting portal can be seen at:

View ISP Portal: (sign up free to view)

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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