Speedemissions Announces Record Revenues For 2004

ATLANTA--April 26, 2005--Speedemissions, Inc. (OTC Bulletin Board: SPEM), a leading vehicle emissions testing and safety inspections company today announced record 2004 year end revenue numbers. With its four acquisitions as the anchor, Speedemissions revenue rose 368% to $2,867,921, up from $612,948 in 2003.

In 2004, Speedemissions operations reflected a significantly different company than in 2003. The four acquisitions made by the company increased their number of vehicle emissions testing stations to 24 and added five mobile testing units in the greater Atlanta market. While net operating losses were $2,972,056, this included $1,049,326 in non-operating expenses related to debt conversion and stock issuance. Just as importantly, the acquisitions and capital raising activities of the company further impacted the net operating losses with substantial increases in both accounting and legal expense. The company began 2004 with only Mr. Parlontieri and one other corporate staff accountant. It spent several months putting in place the management team and infrastructure needed to effectively operate the company. It is anticipated that some of these expenses will be one-time charges and thus not impact the bottom line for 2005.

Rich Parlontieri, President/CEO of Speedemissions added, "Of the new stations brought onboard in late January and early February of '04, we could only capture revenue from those locations for eleven months. Also, there was only 5 plus months' revenue for our mid-June purchase and finally no revenue from the State Inspections of Texas closing in December. All of this bodes well for our business this year. Based on these facts, we estimate that 2005 revenues will exceed $5 million dollars. As we grow through future acquisitions, we expect revenues will continue to increase at a faster rate than G&A expenses and these efficiencies will result in more profitable operations."

The company further announced that Larry C. Cobb has been appointed as the new Chief Financial Officer of Speedemissions. William Klenk, former CFO, resigned April 15, 2005 to pursue other interests. Mr. Cobb, who was the company's CFO consultant in 2003 and part of 2004, brings to Speedemissions a wealth of public company and SEC experience. Over his thirty years of business experience he has worked as a Director of Internal Audit to Chief Operating Officer/Chief Financial Officer. He has his Masters in Accounting from Georgia State University and his B.S. in Accounting from Mississippi State University.

"Larry Cobb is the right fit for us," said Rich Parlontieri. "He has worked with both large and small public companies as well as private and start-up companies. This background, particularly Larry's experience with Munford, Inc. (a Fortune 500 company in 1980) with 1200 retail food stores and 200 World Bazaar stores, is the type of expertise we need to build and manage our retail store network."

Additional information about Speedemissions can be found at: www.stocksontheweb.com.

About Speedemissions Inc. http://www.speedemissions.com

Speedemissions, Inc., based in Atlanta, Georgia, plans to become the leading vehicle emissions (and safety inspection where required) company in the United States in areas where auto testing is mandated by the Environmental Protection Agency (EPA). Since the emissions testing market is highly fragmented, Speedemissions expects to be the first company to create a national brand offering their customers quick and efficient vehicle emissions testing service. The initial focus of the company is in the Atlanta, Georgia and Houston, Texas markets. The Company expects to continue to rapidly expand store sites.