OTC & Pink Forward Splits & RM's

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RCAU - RocketCity (RCAU) Board Of Directors Announce Two-For-One Stock Split.
Jul 11, 2007 3:46:00 PM
Copyright Business Wire 2007
ORLANDO, Fla.--(BUSINESS WIRE)--

Rocket City Automotive Group, Inc. (Pink Sheets:RCAU), announced today that its Board of Directors has authorized a payment of a common stock dividend. All shareholders on record as of August 1, 2007 will be issued one (1) additional share of common stock for every common share held.

Subject to the approval of an effective date by the NASDAQ, the aforementioned stock dividend will be paid and become effective on August 3, 2007. The payment of the dividend will not require an increase in the total number of authorized shares of common stock nor is there a need for an exchange of certificates. RCAU will retain its current trading symbol and continue on course with intended business.

"The Rocket City organization continues to grow at a tremendous rate. As we presently occupy a position of strength within the industry and in the public marketplace, we have elected to implement the described stock split to increase investor interest as well as improve stock liquidity. We are excited about the progress of the overall organization and feel that we have only seen the beginning to what we believe to be a successful and rewarding future for both RCAU and its supporting shareholders," stated Jeff Roman, CEO of Rocket City Automotive Group.

About Rocket City Automotive Group, Inc.:

CompleteAuto, a subsidiary of Rocket City Automotive Group, Inc. (Pink Sheets: RCAU) 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 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.RCAU.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.

Source: Rocket City Automotive Group, Inc.



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Rocket City Automotive Group/CompleteAuto
Orlando
Investor Relations:
Ian Feller
Vice President of Corporate Communications
407-219-3770
[e-mail]