SOURCE: PTA Holdings, Inc.

October 17, 2007 06:00 ET

PTA Holdings, Inc. and US Boron, LLC Enter Into an LOI to Jointly Market Fuel Saving Products for Internal Combustion Engines; USB to License Its Lubricants to Mileage Management Corp.

CLEVELAND, GA--(Marketwire - October 17, 2007) - PTA Holdings, Inc. (PINKSHEETS: PTAH) announced today that it executed a Letter Of Intent with US Boron, LLC ("USB"), a major chemical lubricant manufacturer that supplies specialty lubricants to heavy industry and manufacturing, to form a Joint Venture to develop and market Mileage Enhancement Modification Packages for internal combustion engines. The Joint Venture will be called Mileage Management Corp. ("MMC") and PTA will license its proprietary V-Flow Fuel Maximizer for use in this package. US Boron will also license royalty-free to MMC all of USB's existing intellectual property relating to lubrication and friction-reducing compounds. Both PTA and USB shall share equally in the Joint Venture. USB will manage the venture and conduct all marketing and sales activities for MMC.

Ted Leverette, President of PTA, commented, "We are most excited about this new Joint Venture with US Boron as it validates our fuel saving technology with a major industrial manufacturer. In addition, PTA can leverage the sales, marketing and distribution power of US Boron."

PTA's ProFlow subsidiary, since inception, has been led by a NASCAR Winston Cup Winning experienced management team. ProFlow has been developing and designing procedures for the automobile industry that can have a dramatic effect on fuel consumption.

About PTA Holdings, Inc.:

PTA Holdings, Inc. ("PTA") is a diversified holding company with a core focus in the automotive industry. The Company acquired ProFlow, Inc. in April 2007. ProFlow, Inc., a Georgia-based multi-location Automotive Service Center that specializes in the repair and maintenance of domestic, foreign and diesel cars. ProFlow, since inception, has been led by a NASCAR Winston Cup Winning experienced management team. ProFlow has developed and designed fuel saving processes, for the automobile industry that can have a dramatic effect on fuel consumption. ProFlow is aggressively approaching successful future technologies for fuel mileage in the complete automotive and Diesel industry. Additional information can be found on the company's website: www.ptaholdings.com.

About US Boron, LLC:

US Boron, LLC is a major specialty lubricant manufacturer based in Georgia with three (3) additional United States regional offices and one office in Europe. The Company markets its products to Fortune 500 industrial manufacturers and heavy industries. USB's proprietary product line includes the Motor Silk™ Family of Treatments and the LubriSilk™ Family of Lubricants. Additional information can be found on the company's website: www.usboronllc.com.

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