LIFE TIME FITNESS Partners With Renaissance Worldwide, Inc. to Deliver a New Java-Based Industry Leading Member Management/Point-of-Sale System

Business Wire, Dec 1, 2000

Business/Technology Editors

MINNEAPOLIS--(BUSINESS WIRE)--Dec. 1, 2000

LIFE TIME FITNESS, together with Renaissance Worldwide, Inc. (NASDAQ:REGI), a leader in business and technology consulting, today announced the completion and first successful deployment of a web-based 100% Java Member Management/POS System. The system uses industry standard security and n-tiered architecture to achieve scalability and ease-of-use goals. The project involved replacing a legacy system with over five million rows of data and involves a nationwide rollout spanning six months.

"LIFE TIME FITNESS has always viewed technology as a key driver of competitive advantage," said Brent Zempel, LIFE TIME FITNESS Director of IT who oversaw the project. "Not only will this new integrated member management and point-of-sale system facilitate the high-growth needs of the company, we anticipate that this system will also set a standard for club management software within the Health and Fitness club industry."

Regarding the alliance with Renaissance Worldwide, Inc. to create the new Member Management/POS System, Zempel said, "Renaissance Worldwide is a world-class vendor. With their depth of expertise and vast technical resources, we were able to reduce development time substantially."

With its new system in place, LIFE TIME FITNESS plans to expand its services and reach to the Internet community by offering an array of online services including scheduling, diet planning, workout tracking, and member activities. LIFE TIME FITNESS members will ultimately be able to view their accounts to track club usage data or account information.

The new Member Management/POS System is the largest and most extensive of the applications accessible through the LIFE TIME FITNESS corporate Intranet. "The LIFE TIME FITNESS Intranet provides a single point of access to applications to any employee in the company. The Intranet applications vary depending on employee position, but include online employee education scheduling, online HR and new employee hiring, online member agreements, online customer service modules, and online reports," explained Wesley Bertch, Director of Software Systems at LIFE TIME FITNESS.

"By implementing a system of this scale, LIFE TIME FITNESS is positioning itself as a leader in its field. It was a pleasure working with them on this project and our work together is a great example of how Renaissance works with our customers throughout the project lifecycle from Concept-to-Completion(R) to provide Custom Application Development solutions for the e-conomy," stated Raye LaPlante, President of Renaissance IT Consulting Services (ITCS).

About Life Time Fitness, Inc.

Life Time Fitness, Inc. is a privately held, category redefining operator of eighteen multi-purpose, state-of-the-art family fitness and recreation centers in five markets nationally including Minneapolis/St. Paul, Detroit, Columbus, Indianapolis and Washington DC. The Company has set the industry standard by developing a uniquely designed center which provides a broad array of exceptional services and amenities in a "big-box" format.

An all inclusive month-to-month membership plan provides free childcare, free locker and free towel service as well as personal training consultation and educational materials at a value oriented price point. The Company is headquartered in Eden Prairie, Minnesota and can be reached at 952-947-0000 or on the Web at www.lifetimefitness.com.

About Renaissance Worldwide

Renaissance Worldwide, Inc. is a business and technology consulting firm that provides focused solutions for breakthrough performance. Through its core service offerings Renaissance delivers best-in-class services to Fortune 1000 and public sector clients by following its proven Concept-to-Completion(R) delivery model, designed to optimize time to return on investment and minimize risk throughout the project life cycle. Founded in 1986, the company currently has approximately 3,600 professionals in 44 offices, located in principal cities throughout the United States. Visit Renaissance on the Web: http://www.rens.com.

This press release contains forward-looking statements. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements, including our ability to execute an effective growth strategy, our transformation into an e-solutions provider, and our ability to attract sufficient financing, as well as the factors discussed in our Annual Report of Form 10-K, filed on March 24, 2000, and our other filings with the Securities and Exchange Commission. Renaissance(TM), Renaissance Worldwide(TM) and Concept-to-Completion(R) are trademarks of Renaissance Worldwide, Inc.