SOURCE: Bad Toys Holdings, Inc.

March 21, 2006 09:00 ET

Bad Toys Holdings Extends Service Contract for Ambulance Service in Mississippi

Health Services Contract Extension Expected to Exceed $3 Million in Gross Revenues in 2006

KINGSPORT, TN -- (MARKET WIRE) -- March 21, 2006 -- Bad Toys Holdings, Inc. (OTC BB: BTYH) announced today that its Southland Division has signed a "Letter of Intent" for a one year extension of the existing Contractual Agreement to be activated at the expiration of the current term, March 31, 2006. The "Letter of Intent" was approved and signed by the President of the Board of Supervisors on March 17, 2006. The original Contractual Agreement defined the contract term shall be for one period of three years commencing on the 1st day of April 2004 and ending on the 31st Day of March 2007.

Pearl River County, MS

The company successfully completed its "letter of intent" continuing the contract with Pearl River County, MS. The agreement includes both emergency and non-emergency ambulance service. This is a sole provider contract whereby the Company is the only provider within the County. This County generated gross revenues of $2,850,000 for Southland in 2005. The Company expects gross revenues to exceed $3 million for 2006.

Hurricane Katrina

Pearl River County, MS is one of the counties adversely affected by Hurricane Katrina in 2005. During and after the disaster the Company made the corporate decision to do whatever was in our power to provide aid and assistance to the community and governmental agencies working the disaster. The Company dispatched Ambulances, equipment and manpower from our operations in Alabama, Virginia and Tennessee to assist in the aftermath of this destructive storm. Southland employees worked endless hours to assist victims before handling their own personal matters. Covenant Health and Rehab of Picayune in Pearl River had to close as a result of the disaster. We are pleased to announce that Covenant Health and Rehab of Picayune has re-opened and held an Open House on Wednesday, March 15, 2006. During the Open House, Southland employees were honored for their efforts in the aftermath of Katrina. New patients are being brought in weekly. We are very pleased to continue to offer services to this community.

The Company is uniquely positioned to become one of the leaders in the ambulance and medical transportation industry. The Company will continue to grow by acquiring independent rural service providers where synergies and economies of scale will provide profits, expanding its current existing contractual relationships and expanding into new markets.

About Bad Toys Holdings, Inc.

Bad Toys Holdings, Inc, (BTYH), participates in two distinct business segments.

Southland Health Services, Inc.

This division provides medical transportation services, including emergency and non-emergency ambulance services. Our Southland Division operates in over 200 communities within the following seven states: Mississippi, Alabama, Florida, Louisiana, Kansas, Tennessee, and Virginia. We operate in excess of 160 ambulances and wheelchair vans and have over 1,100 full and part-time employees. At our current run rate we will transport more than 130,000 patients in this calendar year. Bad Toys Inc.

This division, Bad Toys, Inc., American Eagle Manufacturing Company and Gambler Motorcycle Company, continues to design, manufacture, distribute, service and sell custom made, Harley Davidson type, V-twin motorcycles from component parts. We also offer premium accessories, parts, customizing items and apparel related to Harley-Davidson motorcycles on-line and directly from our retail and factory outlets. This division also participates in Sprint Car Racing products and custom car construction & restoration.

For further information, contact Bad Toys Holdings, Inc., Larry N. Lunan, President and Chief Executive Officer, (423) 247-9560 or Al Kau, Investor Relations in California at (888) 795-3166. Further information about the Company may be obtained on its website at www.badtoys.net.

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

Contact Information

  • Contact:
    Bad Toys Holdings, Inc.
    Larry N. Lunan
    423-247-9560

    Investor Relations:
    Al Kau
    888-795-3166