Speedemissions Named One of Georgia's 100 Top Public Companies; Atlanta Journal Constitution Ranks Speedemissions Number 1 in Revenue Growth

ATLANTA--June 21, 2005--Speedemissions, Inc. (OTC Bulletin Board: SPEM - News), a leading vehicle emissions testing and safety inspections company, today announced that on June 12th 2005, the company was named by the Atlanta Journal Constitution as one of Georgia's 100 Top Public Companies.

Companies were ranked by PricewaterhouseCoopers, LLP, based on five weighted variables including: annual revenue, year over year revenue change, return on equity, annual change in profit margin for fiscal 2004, and total return on investment (share price plus invested dividends) for calendar year 2004. Speedemissions was ranked number 93 overall right behind Coca Cola Enterprises and just ahead of Carmike Cinemas and S1 Corporation . In the specific rankings, Speedemission's revenue increase of 368% in 2004 captured the number 1 ranking in the revenue growth category, and its income growth last year ranked it 5th in the category of net income growth. The complete list and details may be found at www.ajc.com.

Rich Parlontieri, President/CEO of Speedemissions, stated, "We're extremely pleased to have been named as one of Georgia's 100 Top Public Companies by the Atlanta Journal Constitution. This annual ranking contains the names of many of the country's most recognizable and respected companies. We believe the honor of being named in this select group confirms and solidifies the viability of our business plan in addition to providing tangible evidence of on-going progress towards building Speedemissions into a nationally recognized emissions testing company."

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.

Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Speedemissions' products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.