Speedemissions Same Store Sales in Atlanta Increase 25% in January 2006; Revenue for 2005 Shows a 142% Increase

ATLANTA--Feb. 1, 20065, 2006--Speedemissions, Inc. (OTC Bulletin Board: SPMI), a leading vehicle emissions testing/safety inspections test only company, announced its year-end 2005 revenue of $6,950,000. This number is an increase of 142% for fiscal year 2005 versus 2004.

Speedemissions operations in January 2006 continue to reflect a significantly different company than in 2005. In both its existing Atlanta stores and those newly acquired stores, the company implemented, among other things, a 'meet & greet' customer service philosophy. This attention to customer detail was a major reason for the 25% increase in tests performed. The increase in the number of tests conducted in January 2006 should improve store level economics. The company was not able to measure same store sales for the Texas & Utah locations because it did not operate all the stores for a full 12-month period.

The increase in total revenue for 2005 has demonstrated the company's ability to effectively integrate the acquisition along with driving more customers to its locations. It has acquired 7 companies in the past 24 months and will continue to aggressively pursue this strategy.

Rich Parlontieri, President/CEO of Speedemissions added "Our acquisition strategy of purchasing the right test only competitor continues to be the correct platform for building the company. The 142% revenue increase shows that we can get a deal done and improve its operations. What I think is even more impressive is the 25% increase of tests performed in our Atlanta stores. This solidifies our ability to increase customer traffic flow in an existing testing station. We're quite pleased that our attention to the customer has been rewarded with more customers in our Atlanta stores every day and feel the Texas and Utah store numbers may also reflect this philosophy."

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) only company in the United States in areas where emissions 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 focus of the company at the present time is the Atlanta, GA, Houston, TX, and Salt Lake City, UT 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.