SOURCE: M.B.A. Holdings, Inc.

October 03, 2005 09:00 ET

Blue Sky Opens in Arizona Harley-Davidson Dealership

SCOTTSDALE, AZ -- (MARKET WIRE) -- October 3, 2005 -- MBA Holdings, Inc. (OTC BB: MBAH) and its subsidiary companies, Blue Sky Motorcycle Rentals, Inc. and the National Motorcycle Dealers Association (NMDA), announce a new rental Licensee in Scottsdale, Arizona.

Top Spoke Rentals located inside of, and owned by Hacienda Harley-Davidson, has executed a definitive agreement that calls for the NMDA and Blue Sky to provide immediate top level management of their current Harley-Davidson Authorized Rental Program. Top Spoke will also become a Licensee of Blue Sky Motorcycle Rentals and carry the Blue Sky flag.

Hacienda Harley-Davidson and Top Spoke Rentals owner Rick Hatch commented, "I have personally seen what Street Eagle Tim Lach, Blue Sky Lumpy and MBAH CEO Gaylen Brotherson can do with their combined experience in the motorcycle rental market and also what they bring to the bottom line. I have witnessed firsthand their desire and resolve to build the Nation's largest rental program. Currently, our Hacienda operations in Harley sales, service, merchandise, clothing and Custom motorcycles grosses over 30 million dollars a year, and now I know we'll increase our rental revenue to add to that total with Hacienda Harley's addition to the programs and websites offered by Blue Sky, Street Eagle, Worldwide Rentals, Rent2Ride and the NMDA."

Wayne (Lumpy) Ordakowski, Founder of Blue Sky, said of the new agreement, "This alliance with Hacienda Harley-Davidson allows us (Blue Sky and MBAH) to move forward into a higher level of business. To be partnered with one of the country's largest Harley-Davidson dealers was one of our original primary objectives. Now, future deals of this magnitude and type are available to us. We've built the foundation, now we'll build the walls."

Tim Lach of Street Eagle -- Kauai, Hawaii, commented, "The long-standing relationships within our network have bore fruit once again. Having been a part of the very first rental program in the Harley-Davidson enthusiast market, I have seen many positive and impacting changes take place over the years. Hacienda Harley-Davidson and Top Spoke Rentals in Scottsdale, AZ., has been on the forefront of this curve since 1999. Rick Hatch's vision for a World-Class dealership that encompasses the Fly-and-Ride concept partnered with the Rent It, Ride It, Buy It theory has been the mark of excellence and a model for all motorcycle/powersports dealers considering similar programs. The implementation of the NMDA's forward thinking team will undoubtedly produce results far beyond the "within the box" potential of competing rental/sales programs throughout the industry. I could not be more pleased that our efforts over the last 15 years have come to land in Scottsdale, within one of the finest dealership environments that exists anywhere."

"This partnership with one of the top ten revenue producing Harley-Davidson US dealerships is a multi-faceted opportunity for both sides. Many facets will come to fruition in the upcoming days, weeks, months and even years!" said Gaylen Brotherson, CEO of MBAH. He continued, "The big picture is coming together. We had a few bumps along the way, but now we all move forward swiftly, and united. As I speak, and in the very near term, other dealer licensing and large manufacturer sponsored programs are being completed. We'll announce those to our Shareholders as we implement them. This is an exciting time for MBA and its subsidiary companies right now as we carry the momentum these deals provide into profitability."

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.

Contact Information