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Rocket City (RCTY) Expands with 60 New Accounts and Announces NADA Convention Confirmation for 2008.

ORLANDO, Fla.--Rocket City Enterprises, Inc. (Pink Sheets:RCTY), a holding company specializing in auction services, eCommerce, software development, technology and retail automotive operations, today announced it has attained 60 new accounts among new and used car dealerships for the month ended October 2007.

Jeff Roman, Rocket City Enterprises CEO, commented, "The initiatives that we put in place in August, which included more aggressive marketing programs, are reaching dealerships throughout the United States. As a result, we continue to receive inquiries from dealerships and have been able to sign on sixty new clients. This is a significant increase from September when we signed on thirty-three new clients. I am encouraged by our recent performance and believe with other initiatives being undertaken we can continue to increase market share and penetrate new customers at an added pace as we enter 2008.

The Company is pleased to provide the following updates and/or new business initiatives:

  • Expanding their full-service dealership assistant program.
  • Preparing to launch an enhanced automotive software and service platform known as V2.
  • Issue Q3 financial and operating results upon completion of audit.
  • Presenting at the NADA Show in 2008 at Booth 3115W.

Our dedicated employees throughout all of our subsidiaries continue to achieve significant accomplishments while we lay the groundwork for our future success. Although we are not yet in a position to release audited financial results, we have made substantial progress and expect to be able to do so in the near future. On the business side, we remain focused on integrating the GIGcom and PostInk acquisitions and cross marketing our products and services to our growing client base as well as increasing our marketing efforts through a substantial representation at the NADA Dealers Convention in February 2008, concluded Mr. Roman.

About Rocket City Enterprises, Inc.:

Rocket City Enterprises, 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. RocketCity is an online solution provider for a variety of web-based platforms and offers proprietary software, technology, personnel and design solutions to hundreds of automotive dealerships around the country and additional partners throughout the marketplace. Visit them on the web at www.RCAU.com to learn more.

Learn more about NADA 2008 at: http://expo.nada.org/nada2008/public/enter.aspx.

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.