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PR: Indian Motorcycles: One Man's Quest to Keep the Legend Alive

FOR IMMEDIATE RELEASE 

Indian Motorcycles: One Man's Quest to Keep the Legend Alive

GRAND RAPIDS, MI, Oct. 24, 2003 -- When Indian Motorcycle
Corporation unexpectedly closed their factory last month,
one man knew he had to act in order to keep the legend
alive.  If he has his way, Bill Melvin and his partner Jim
Grimwade (along with Great American Group) will be the
successful bidders to purchase the assets of Indian's
Gilroy, California facility.  Melvin's dream -- and that of
his partners -- is to reopen the factory and continue
production of one of the worlds oldest and finest motorcycle
brands.

Bill Melvin is in powerful company with this group of
partners who have joined forces in their commitment and
dream to purchase I.M.C.'s assets and restart the Indian
motorcycle production line. Melvin has been in continuous
negotiations with a team composed of riders with the
knowledge, passion and operational experience to bring this
dream to fruition.  Melvin says, "We've laid the foundation
for a dedicated workforce and operations team ready to step
in and continue the Indian Motorcycle business in to the
future."

Who is this man with bold dreams to resurrect the Indian
Motorcycle Corporation? Meet Bill Melvin, CEO of National
Retail Equipment Liquidators Inc. (N.R.E.L. Inc.): an
entrepreneur with 25 years in the liquidation business and a
forty-year background rooted in the motorcycle industry. His
passion for motorcycles began at age 16 when he became a
mechanic and grew into stints in cycle sales, racing and
collecting. Melvin achieved financial success as a
liquidator, allowing him to realize his lifelong dream of
building an extensive personal collection of new and antique
motorcycles. His collection includes many beloved antique
Indian motorcycles and other rare models, all expertly
maintained by Melvin.  And they're not just for show -- he
rides all his bikes frequently, and has logged hundreds of
thousands of miles in the US and Europe.

Since N.R.E.L. Inc. is one of America's leading store
fixture liquidators, Bill Melvin appreciates the irony of a
liquidator like himself trying to rebuild and renew a
company - instead of cleaning out and dispersing it's
assets.  But he's quick to point out that his company has
branched out into other services and strategies for the
retail industry. N.R.E.L. has added a new Store Fixture
distribution division and is a major shopping cart
manufacturer.

His admiration and respect for the Indian motorcycle
inspires his belief that the legend shouldn't die, but
should rise from the ashes.  "Indian was founded in 1901 and
by 1913 was the largest and most technically advanced
motorcycle producer in the world," says Melvin. "Indian
designed innovative, cutting-edge technology in the early
1900's with electric starters, lights, full suspension and
much more.  I want to return Indian Motorcycle to its top
position in the industry.  It's time for an American
manufacturer to give the public what it deserves:  A
motorcycle designed with the performance, styling, comfort
and technological advances equal to the heritage of this
famous brand."

Time has yet to write the future of the Indian Motorcycle
Corporation.  If Melvin is successful in his bid, the Indian
legend will be reborn and could flourish into the next
century.  In the meantime, he and his business partners work
to create a model for A reorganized Indian Motorcycle
Corporation with a vision to take Indian motorcycles to a
new level of design and technological innovation.  Melvin
wants to reposition the brand to the stature of its early
days when IMC lead the industry with cutting-edge features
and designs, while the competition followed.  Melvin says,
"I envision a line of revamped and revitalized Indian
motorcycles built FOR riders BY riders - and to very
exacting standards."

"The demand for a SUPERIOR motorcycle exists, it's up to US
to build a bike that riders can't live without," says
Melvin. "Motorcycling is a passion, an adrenalin rush. It
has to be love at first sight and the ride has to leave you
smiling.  Our plan is to produce a bike that riders will
lust after."  He would also expand the IMC line of exclusive
branded products and develop new items targeted to the
discerning cycle enthusiast.

Melvin encourages Indian customers to support local dealers
and to remember that limited production bikes and apparel
are destined to become valuable collectors items. He wants
to reassure Indian dealers concerned about negative effects
on their bottom line due to the I.M.C. plant shutdown. 
"Dealers are welcome to contact N.R.E.L. for a free
confidential consultation regarding services and strategies
we offer for retailers experiencing financial hardships or
inventory problems," Melvin adds.  

Photo available: http://www.ereleases.com/pr/2003-nrel.jpg

For more information, contact: 

Bill Melvin of N.R.E.L. Inc.
Work Phone: (800) 613-6865
Cell Phone: (616) 450-0640
Fax: (616) 458-5504
Email: bmelvin67@aol.com

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