SOURCE: MBA Holdings, Inc.

July 05, 2005 09:51 ET

MBA Holdings, Inc. Appointed Carefree Custom Cycle Dealership

SCOTTSDALE, AZ -- (MARKET WIRE) -- July 5, 2005 -- MBA Holdings, Inc. (OTC BB: MBAH) and future subsidiary company, Escape Eagles, LLC. (dba Blue Sky Motorcycle Rentals), have been appointed a Carefree Custom Cycles, Inc. (http://www.carefreecustomcycles.com) dealership for motorcycle sales in Las Vegas, Nevada. Carefree is a Founding Member of the National Motorcycle Dealers Association (NMDA).

The agreement with Carefree Custom Cycles includes an exclusive partnership with Escape Eagles/Blue Sky and their custom rental program. Escape Eagles/Blue Sky will now utilize only Carefree Custom Cycles for their custom motorcycle rental program in Las Vegas, Nevada. Escape Eagles/Blue Sky will sell and market all Carefree products, including the Beast Chopper featuring a 300mm rear tire and their Pro Street Cycles, featuring custom designs and paint schemes. Dealer Invoice, Manufacturer's Suggested Retail Price (MSRP) and profit on pricing was not announced at this time. Currently, Blue Sky Motorcycle Rentals utilizes Carefree products in Newport Beach, California, Denver, Colorado, and Lihue, Hawaii (Island of Kauai).

Blue Sky Founder and Director of Rental Operations for the NMDA, Wayne (Lumpy) Ordakowski, negotiated the contract with Carefree CEO Tony Abbruzese. Ordakowski commented, "For the money, I haven't found a better bike in all my years of riding, bar-none. I personally ride a Beast Chopper." Ordakowski went on to say, "Tony is easy to work with and works well under pressure. On three weeks notice, he built the perfect custom rental bikes for us and had them ready for Daytona Bike Week 2005. We introduced 5 Beast Choppers there and we haven't been able to keep up with the demand for his products since. I'm hoping Las Vegas works like what we've done in Daytona and now in Hawaii. Every bike that has landed in Hawaii we've sold. We're still trying to get a couple of Carefree's there for rentals. If Hawaii is any indication, we'll steal the show in Las Vegas. I'm excited."

Gaylen Brotherson, CEO of MBAH, said, "Cross promotions, dealer rental programs, custom built rental bikes, motorcycle sales and motorcycle rentals are all included with this partnership. We're pleased to grant Founding Member status to Carefree and we're looking forward to having our new store in Las Vegas one of their dealers."

Tony Abbruzese, CEO of Carefree, said, "We want to sell more of our quality motorcycles and we hope to do this through our new dealer in Las Vegas. Our partnership with the NMDA has proven to be successful and we look forward to developing Las Vegas together."

"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.

MBA Holdings
http://www.mbadirect.com

NMDA
http://www.nationalmda.com

Blue Sky Motorcycle Rentals, Inc.
http://www.blueskymotorcyclerentals.com

Rent2Ride Nationwide
http://www.rent2ride.com

Street Eagle Motorcycle Rentals, Inc.
http://www.streeteagle.com

WorldWide Motorcycle Rentals
http://www.worldwidemotorcyclerentals.com

Carefree Custom Cycles
http://www.carefreecustomcycles.com

Contact Information

  • Contact Information:
    Equitilink
    Ron Garner
    (877) 788-1940