SOURCE: Rapid Fitness, Inc.

December 18, 2007 11:30 ET

Rapid Fitness, Inc. Announces Re-Opening of Our Second of Three Fitness Centers Purchased in the United States, Virgin Islands

FT. LAUDERDALE, FL--(Marketwire - December 18, 2007) - RAPID FITNESS, INC. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, Announces we held our Grand Opening December 6, 2007 in the United States, Virgin Islands, and opened Dec 7, 2007 since the opening members have been returning to the new facility, as well as new members signing up. Over the last week we have signed over 100 members and our goal is 250 members a month. One-year membership is $199.00 sign-up fee, with $49.95 a month, totaling $780.00 per year membership for the first locations at Nisky Center on the 2nd floor, Store No. E-1, St. Thomas, US Virgin Islands for one of the three locations we purchased in the asset purchase agreement announced earlier this year. We are now focused on the open of the St. Croix locations in Virgin Islands, by Jan 30, 2007 for the Grand opening.

CEO Anthony Mellone and Donna Yamin stated: since we open the first locations in St. Thomas, US Virgin Islands, and seen the response and sign-ups of our new members, we can't wait to see what tomorrow brings. Everyday we look forward to open the location in St. Croix and the St. Thomas North side of the Island as soon as permitted. Our revenues are finally increasing, and we are proud of it.

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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