SOURCE: Bad Toys Holdings, Inc.

January 09, 2007 14:35 ET

Bad Toys Holdings Signs Renewal Service Contract for Ambulance Service in Kansas

Expanded Service Area in Kansas Will Provide Health Services Gross Revenues of $2.9 Million Over Three Years

KINGSPORT, TN -- (MARKET WIRE) -- January 9, 2007 -- Bad Toys Holdings, Inc. (OTCBB: BTYH) announced today that its Southland Division has signed a contract for a three-year term continuing its services in Kansas expiring on December 31, 2009. The contract was approved and signed by the President of the Board of Supervisors on January 8, 2007. The original Contractual Agreement, which began on January 1, 2004, provided for two full-time ambulances and one part-time call in unit with subsidy revenues of $380,000 per year. The new contract executed on January 8, 2007 expands our coverage in the County and provides for three full-time ambulances. In addition, the County Government is providing a location for an additional station. The contract subsidy revenue is for $540,000, $548,000 and $548,000 annually in 2007, 2008 and 2009, respectively. The Company operation in the County is estimated to provide Patient Services Gross Revenues of $1.3 million in addition to the $1.6 million of County subsidy revenue over the three years ending December 31, 2009.

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