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

September 15, 2005 09:00 ET

MBA Holdings Announces Letter of Intent for New Rental Stores

SCOTTSDALE, AZ -- (MARKET WIRE) -- September 15, 2005 -- MBA Holdings, Inc. (OTC BB: MBAH) and it subsidiary powersport rental company, Street Eagle, LLC, announce the signing of a letter of intent to open two (2) new motorcycle rental operations in Florida and Illinois.

The finalized license agreement is expected to close by October 15, 2005. Street Eagle will receive license and rental fees per location. The new Licensee is presently the Midwestern United States' largest authorized dealer for Honda, Kawasaki, Suzuki, Sea-Doo, Ski-Doo and Yamaha equipment. This one Licensee will open both operations under the same ownership team. The new Licensee will become a member of the National Motorcycle Dealers Association (NMDA), utilize both NMDA sponsored web-based rental software, and NMDA provided rental insurance upon their entrance into the rental arena. MBA Holdings will release follow-up data with more pertinent information on these new store openings in the near future.

Unrelated to the new stores announced above, the newest Blue Sky Licensee in Clearwater, Florida will open for business once delivery of their rental fleet has been completed. The new Clearwater, Florida motorcycle fleet purchase (provided through the NMDA) has been finalized and awaits delivery. Nationwide delays throughout all major United States shipping ports have postponed the delivery of the fleet while hurricane relief is in effect. Schedules for delivery of non-essential commodities have been suspended while humanatarian relief efforts are underway. MBAH CEO, Gaylen Brotherson, Blue Sky Founder, Wayne (Lumpy) Ordakowski and all MBAH personnel urge all to support the victims of these traumatic events with a donation to any American Red Cross Center.

About MBA Holdings, Inc.

M.B.A. Holdings, Inc., through its wholly owned subsidiary, Street Eagle Motorcycle Rentals,, Rent 2 Ride Motorcycle Rentals, and Blue Sky Motorcycle Rentals, offers complete turnkey packages for the motorcycle rental industry. Its second subsidiary, Mechanical Breakdown Administrators, Inc., markets and administers vehicular mechanical breakdown insurance policies on automobiles, light trucks, recreational vehicles, motorcycles, boats and certain automotive components and sells contracts for repair services to vehicles and certain vehicle components. Its third subsidiary, The National Motorcycle Dealers Association, LLC ("NMDA"), sells memberships in NMDA and extended warranties for new and used motorcycles, ATVs and trailers. NMDA also provides and/or plans to provide Gap Coverage, Motorcycle Leasing and Financing, Credit Life/Accident insurance, Health insurance and Family Hospitalization insurance for dealership owners, employees and their families. Please visit our corporate website at

"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.

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