RocketCity (RCAU) Retains Both Legal and Financial Counsel to Complete SB-2 Filing and Begin Auditing Process to Become a Fully Reporting Organization

ORLANDO, Fla.--Rocket City Automotive Group, Inc. (PINK SHEETS: RCAU), announced today that it has retained both legal and financial counsel to satisfy necessary procedures to become a fully reporting organization as well as file a SB-2 Registration Statement.

RCAU has retained the law firm of Stephen A. Zrenda, Jr., P.C. to provide legal services in connection with the preparation of a Form SB-2 Registration Statement for a public offering of the common stock of the company. Filing the described SB-2 will fully disclose and register all common stock outstanding and issued for the RocketCity organization as well as provide the following:

    1. Registration Statement 2. Prospectus 3. Summary Information and
    Risk Factors 4. Use of Proceeds 5. Determination of Offering Price
    6. Dilution 7. Selling Security Holders 8. Plan of Distribution
    9. Legal Proceedings 10. Directors, Executive Officers, Promoters
    and Control Persons 11. Security Ownership 12. Description of
    Securities 13. Interest of Named Experts and Counsel
    14. Disclosure of Commission Position of Indemnification for
    Securities Act Liabilities 15. Organization Within Last Five Years
    16. Description of Business 17. Management's Discussion and
    Analysis or Plan of Operation 18. Description of Property
    19. Certain Relationships and Related Transactions 20. Market for
    Common Equity and Related Stockholder Matters 21. Executive
    Compensation 22. Financial Statements 23. Changes in and
    Disagreements With Accountants on Accounting and Financial
    Disclosure 24. Indemnification of Directors and Officers
    25. Other Expenses of Issuance and Distribution 26. Recent Sales
    of Unregistered Securities 27. Exhibits 28. Undertakings

RCAU has additionally retained the public accounting firm of Meyler and Company, certified public accountants, to complete their auditing of company financials. RCAU anticipates that financial auditing and the completion of the SB-2 will be completed and released within a 6-9 week period. Preliminary cash positions and additional financial figures will be released prior to week’s end.

About Rocket City Automotive Group, Inc.:

CompleteAuto, a subsidiary of Rocket City Automotive Group, Inc. (PINK SHEETS: RCAU) is an eBay Motors Preferred Services Provider and offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of RocketCity which was formed to acquire, manage supervise and operate corporations specializing in auction services, eCommerce, software development and retail automotive operations.

CompleteAuto and RocketCity believe there are enormous growth opportunities in the $1 trillion dollar automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.rocketcityauto.com to learn more.

Learn more about Complete Auto by visiting: www.completeauto.com

Disclaimer:

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks” or “will.” Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.