Rocket City Moves Quickly to Capture Market Share

  1. Tuesday, October 7, 2008 11:30 EST
  2. Joint ventures
  3. Automobiles & Parts, Media, Hardware & Equipment, Diversified, Internet

ORLANDO, Fla., Oct. 7 /PRNewswire-FirstCall/ -- Rocket City Enterprises, Inc., a Nevada corporation (Pink Sheets: RCTY) announced today that it has entered into an agreement with Homenet, Inc.

The agreement will allow Homenet to offer Rocket City products to all Homenet clients. Homenet has a current client base of over 13,000 automobile dealerships in the United States. For more information on Homenet, please visit their website at http://www.homenetinc.com/ .

The automobile industry and its dealerships are experiencing unprecedented difficulties in the current marketplace. Many auto dealers are looking towards e-commerce to increase the bottom line, as the continuing credit issues beguile the auto industry as a whole.

The Digital Dealer Conference and Exposition currently underway in Dallas, TX is proving that dealerships continue to seek e-commerce solutions to help them increase their overall business. The conference is the largest automobile e-commerce event in the nation.

Rocket City presence at this event is receiving large interest and, under the new Chief Operating Officer, Bruce Higgins, and his sales staff, Rocket City has signed on more dealerships for its e-commerce products in the last month than was signed on in the previous 12 month period.

Bradley Wilson, CEO of Rocket City, stated, "Over the last two months we have taken the necessary steps to perfect our corporate governance and decision making within the company. We now have the right group of professionals to move this company forward, and the result has been a massive increase in business. We will continue to seek the right business opportunities going forward, and we expect solid fourth quarter results."

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 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.

For more information, please visit: http://www.theintellimarkgroup.com/ .

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.
Bradley Wilson (407) 614-3643

Copyright 2008 PR Newswire. All Rights Reserved

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