SOURCE: BMX Development Corp.

February 15, 2010 09:00 ET

BMX Development Corp. (Ticker Symbol BMXD) Announces Appointment of Mr. Robert Aronsson to the Electric Car Product Line Advisory Board of Directors

CHARLOTTE, NC and MIAMI, FL--(Marketwire - February 15, 2010) - BMX Development Corp. (OTCBB: BMXD) today announced that Robert Aronsson was recently appointed to the Advisory Board of Directors which is a newly created subcommittee for its Electric Car Product Line Division.

Mr. Aronsson holds a Bachelors Degree in Business Administration from Woodbury University. He has also attended the University of Idaho for Chemical, Electrical, and Mechanical Engineering. He is a member of the Society of Automotive Engineers, the Bretton Wood Committee, Small Business Exporters Association, and the Swedish American Chamber of Commerce.

Bob has over 50 years of experience in manufacturing batteries and electric cars. He holds 17 patents on batteries and 12 patents on electric vehicles and related products.

About BMX Development Corp.

BMX Development Corp. is a street and off-road motorcycle servicing and repair business, specializing in affordable brand name and after-market replacement products.

Forward-Looking Statements

Except for the historical and current factual information contained herein, this release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements by BMX Development Corp. regarding its expected financial position, revenues, cash flow and other operating results, business strategy, financing plans, forecasted trends related to the markets in which it operates, and similar matters are forward-looking statements. BMX Development Corp.'s actual results could be materially different from its expectations because of various risks. These risks are discussed under the caption "Risk Factors" in the company's registration statement on Form 10 on file with the SEC.

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