FTFY Fit After Fifty Inc (CE)

Fit After Fifty Inc. (Pink Sheets:FTFY) announced today that it has secured an area development agreement for four studios in the Dallas, Texas, area. The area development agreement gives the buyer exclusivity for a specified territory to open multiple studio locations in the future. Fit After Fifty CEO Paul Cole commented, "Many potential franchisees have told us that they are interested in opening multiple studio locations. By being able to offer territorial protection for our franchisees, we are able to expand our business even faster. This agreement provides that protection and will help reduce capital requirements for franchisees." About Fit After Fifty: Fit After Fifty Inc. is a franchisor of fitness studios that offer a thirty-minute moderately paced exercise program for mature active adults. The company sells franchises of the studios across the country. For more information about Fit After Fifty Inc. go to www.fitafterfiftyinc.com. Disclaimer: Matters discussed in this press release are "forward-looking statements." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.