ROCKET CITY (RCTY) Meets Requirements for Status Upgrade and Announces over 35 New Dealers to the CompleteAuto Program.

ORLANDO, Fla.--Rocket City Enterprises, Inc. (Pink Sheets: RCTY) announced the filing of; operating results for the period ended July 31, 2007, and year ended December 2006 and 2005; articles of incorporation; corporate bylaws; company information and disclosure statement; and an attorney letter regarding current information, with Pink Sheets LLC. In addition, the Company is pleased to announce that 37 new dealers have signed onto the CompleteAuto Listing Software during the past month. This includes 3 new major accounts who have selected CompleteAuto’s Full-Service and Concierge packages.

Subsequently, with the aforementioned filings, RocketCity was upgraded to ‘Current Information’ on PinkSheets.com. The ‘Current Information’ status is in conjunction with Pink Sheets’ new categorization system to alert investors about the ability and willingness of individual issuers to provide adequate public disclosure in a timely manner.

Jeff Roman, President and CEO of Rocket City Enterprises, stated “We are pleased to provide current and prospective shareholders with our corporate and financial information. The financials, including balance sheet, income statements, among other information for the seven months ended July 31, 2007 and annual numbers for 2006 and 2005 have been filed and are available for review at the Pink Sheets web site. More importantly, we continue to work with our legal counsel and accountants with respect to becoming a fully reporting company.”

Revenue for the seven months ended July 31, 2007 has exceeded the entire operating year of 2006 by a margin of an additional 56% plus outstanding receivables. The company’s financial and operating information has been filed and can be viewed at www.PinkSheets.com.

Mr. Roman concluded, "We are pleased with our continued expansion among car dealerships throughout the United States and welcome our new accounts to the CompleteAuto family. We expect to see continued growth and further acceptance of our software product lines and the diversification into new markets. Our business plan includes initiatives to expand market presence and penetration. To date, we have hired sales and marketing personnel, expanded our internet presence, and enhanced customer service. These new initiatives are just now beginning to show results and we expect to see the financial contribution from those efforts continue in future quarters.

About Rocket City Automotive Group, Inc.:

Rocket City Automotive Group, Inc. is a publicly traded company (PINK SHEETS: RCTY) and was formed to acquire, manage, supervise and operate corporations specializing in auction services, eCommerce, software development, technology and retail automotive operations. CompleteAuto, one of four wholly owned subsidiaries of RocketCity is a Preferred Solution Provider and offers proprietary software, technology, personnel and design solutions to hundreds of automotive dealerships around the country and additional partners throughout the marketplace.

CompleteAuto and RocketCity believe there are enormous growth opportunities in the $1 trillion dollar automotive retailing industry and beyond. 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.RCAU.com to learn more.

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

Disclaimer:

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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.