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

May 31, 2005 09:25 ET

MBAH Acquires Blue Sky Motorcycle Rentals of Phoenix (Airport), Arizona

SCOTTSDALE, AZ -- (MARKET WIRE) -- May 31, 2005 -- MBA Holdings, Inc. (OTC BB: MBAH) announces that it has signed a letter of intent to purchase 100% of Liberty Motorcycle Rentals, LLC dba Blue Sky Motorcycle Rentals of Phoenix, Arizona. Liberty commenced operations as a Blue Sky licensed location in January of 2004.

Dan Marovich, owner of Blue Sky Motorcycle Rentals Phoenix Airport, has agreed in the letter of intent to a stock and debt acquisition for 100% of his Tempe, Arizona, company by MBAH. Marovich said, "I'm excited for the future of Blue Sky, my family, myself and also for the ever-expanding MBAH rental network. Blue Sky stores in Salt Lake City, Utah, and Newport Beach, California, were opened as a direct result of those licensees renting from our store here in Phoenix. They were so impressed with our operation they've also joined the Blue Sky Crew. I remain long-term dedicated to building the Phoenix Airport Rental Center into the premier rental center in Phoenix."

MBAH CEO Gaylen Brotherson stated, "Dan Marovich has a great reputation with motorcycle rental customers from all over the world and has been directly responsible for the many repeat rental customers at our other stores. He built the store with his hard work and dedication. Some of his satisfied customer comments can be found in the Testimonials section of the Blue Sky website ( Those speaks volumes for what Dan stands for and how he performs in the business world."

Blue Sky CEO and Founder Wayne (Lumpy) Ordakowski commented on the acquisition, "Shareholders' concerns over revenue forced us to re-evaluate some of our strategies on long-term growth. Putting together a core of company-owned stores throughout the United States will allow us to collect 100% of all revenues, not just License Fees which are considerably less. As company-owned stores now, Phoenix and Denver compliment each other perfectly. Fleet utilization and revenue will increase tremendously. On average, one rental bike collects $2,000 per month in rental revenue. Now with these two company locations, we can keep that same motorcycle in the money year-round. $2,000 per month rental income per bike is a considerable increase from just getting License Fees. Other possible target cities and acquisitions are being thought of and evaluated as I speak. I'd also like to take a second here to thank our Shareholders for their continued support, ideas and thoughts; they are always welcome!"

The Blue Sky Company-owned store in Denver, Colorado, has enjoyed tremendous rental response for 2005 despite the quirky spring weather that has dominated the Midwest United States. Blue Sky Denver has just concluded a rental vehicle upgrade of ten (10) 2005 Harley Davidson motorcycles and several metric motorcycles including Honda Gold Wings to its fleet. This upgrade currently brings the Blue Sky Denver rental fleet to over 40 units. Rental units include motorcycles, ATVs and scooters. All of the Blue Sky stores report strong rental demand this year. Six Blue Sky locations have increased their rental fleet size so far this year to meet the increase in demand for their product. MBAH anticipates the opening of new Blue Sky and Rent 2 Ride rental locations in the next few months. New rental areas will include the Gulf Coast of Mississippi, Southeast Florida and upper Midwest States, plus several locations in California. Wayne (Lumpy) Ordakowski reports that Blue Sky rental operations at Bourget's Arizona in Scottsdale, Arizona, have been terminated. Citing pending litigation instigated by Blue Sky against Bourget's Arizona, no other information on the termination was available at this time.

MBA Holdings and NMDA are now entering a new era with a solid business plan to attain rapid growth alongside its partner companies and the motorcycle industry as a whole. The company believes the forthcoming fiscal quarters represent vital new growth opportunities for the company and its shareholders.


M.B.A. Holdings

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