Tuesday, October 21 2008 9:16 AM, EST Rocket City Enterprises, Inc. and The Intellimark Group, Inc. Sign On Additional Dealership Groups PR Newswire "US Press Releases " ORLANDO, Fla ., Oct. 21 /PRNewswire-FirstCall/ -- Rocket City Enterprises, Inc. , a Nevada corporation (Pink Sheets: RCTY) announced today that its former subsidiary, The Intellimark Group, Inc. , has signed additional dealership groups.
Following the Digital Dealer Conference and Exposition in Dallas, Texas earlier this month, The Intellimark Group, Inc. has signed on two additional dealership groups. One of the groups represents over 100 dealerships, and the other group represents over 70 dealerships.
Bradley Wilson, CEO of Rocket City Enterprises, Inc. , stated, "The credit crisis and resulting drop in consumer sales continue to hurt automobile industry, and the Intellimark Group, Inc. is uniquely posed to help dealers overcome obstacles in the sales process. The carve out of The Intellimark Group, Inc. from Rocket City Enterprises, Inc. has helped both companies, as the Intellimark Group, Inc. has signed on more dealerships for its e-commerce products in the last six weeks than was signed on in the previous 12 month period. This is proof that our shareholders will benefit from the separation of the companies."
As of the date of this press release, Rocket City Enterprises, Inc. has total common shares outstanding of 153,537,507 and of these 128,201,313 are restricted shares.
About Rocket City Enterprises, Inc.
Rocket City Enterprises, Inc. develops web-based marketing solutions based on proven methodologies which are easily integrated with existing technologies to improve the results of an automotive retailer's web assets. These solutions are designed to be efficient, cost effective and easy to implement. Perhaps most importantly, the solutions would have to deliver sustainable results within the complex dynamics of the automotive retail environment. Over an arduous eighteen-month period, Rocket City Enterprises, Inc. methodically researched, designed, developed and extensively field-tested their technology-empowered concepts' ability to deliver the desired results. Their commitment to excellence has resulted in highly scalable, market-ready ASP applications (based on a common platform) which accomplish their stated objectives and have proven to be effective results-producing tools for automotive retailers across the brand spectrum.
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.
Investors Contact: Rocket City Enterprises, Inc. 174 West Comstock Ave. Suite 113 Winter Park, FL 32789 Bradley Wilson CEO (407) 702-6612
SOURCE Rocket City Enterprises, Inc
-------------------- A Few Facts Are Better Than None At All Posts: 122 | From: East Tn | Registered: Apr 2007
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Bought in today at .017. Was taken down hard on little volume and could just as easily go back the other way. Potential monster here IMO
Posts: 596 | From: New Jersey | Registered: Apr 2006
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