SOURCE: Bad Toys Holdings, Inc.

May 24, 2005 09:53 ET

Bad Toys Holdings Signs Two New Service Contracts for Ambulance Service in Mississippi

Additional Health Services Gross Revenues Expected to Add 2 Million in 2005

KINGSPORT, TN -- (MARKET WIRE) -- May 24, 2005 -- Bad Toys Holdings, Inc. (OTC BB: BTYH) announced today that its Southland Division has signed contracts for sole provider ambulance service to two new Mississippi Counties. This brings the total number of counties in Mississippi to 30, which the company provides ambulance services.

Lawrence County, MS, was a hospital-based service that the Company took over in April. The Company acquired the hospital's three fully equipped ALS ambulances. Gross revenues for Lawrence County will exceed $800,000 in the fiscal year 2005. The Company signed a three-year contract.

Pearl River County, MS; The Company had the winning bid and with the contract the Company acquired one fully equipped ALS ambulance. The Company was currently operating in the southern section of the County and has the entire infrastructure in place to accommodate the increased call volume. This county will add $1,200,000 in gross revenues for Southland in 2005. The Company will commence service in May 2005.

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 online 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

    or

    Investor Relations:
    Al Kau
    888-795-3166