SOURCE: Rapid Fitness, Inc.

September 12, 2007 10:08 ET

Rapid Fitness, Inc. Announces Special Board of Directors Meeting for Proposed Registered Spin Off of Amore TV

FT. LAUDERDALE, FL--(Marketwire - September 12, 2007) - Rapid Fitness, Inc. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, announced that the Company's Board of Directors has announced a special meeting to discuss the propose spin-off of its subsidiary, Amore TV in a registered spin off. While still pending a vote, CEO Anthony Mellone stated that it is expected that the Board will approve the action and that in either case, the Company will announce the Board's decision with full details in future press releases.

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.

Contact Information

  • Contact:
    Tom Nelson