Bad Toys Holdings, Inc., Approves Purchase of Assets of American Eagle Manufacturing Company

CARLSBAD, Calif.--Sept. 29, 2004--American Eagle Manufacturing Company, Inc., (OTCBB:AEMF), a Nevada Corporation, is pleased to announce that a majority of the Company's shareholders and its Board of Directors have approved an Asset Purchase Agreement between the Company and Bad Toys Holdings, Inc. Under the Asset Purchase Agreement, Bad Toys will purchase all of the Company's assets used in its custom motorcycle manufacturing business. In exchange for the assets Bad Toys will issue 1,818,182 shares of its common stock to American Eagle. Bad Toys will also assume all of the liabilities of the Company that are related to the American Eagles motorcycle manufacturing business.

Larry Lunan, President of Bad Toys Holdings, Inc., said, "We believe this is a win-win situation for Bad Toys and American Eagle."

About American Eagle

American Eagle Manufacturing Company, Inc. is in the business of manufacturing custom high-end performance motorcycles. The Company's 35,000-square-foot production facility is located in Carlsbad, California. American Eagle motorcycles are assembled in-house, with double powdered coated frames and available "trick" paint schemes. American Eagle motorcycles are listed in the NADA and Kelly Blue Book.

For further information, contact Bad Toys Holdings, Inc., Larry N. Lunan, President and Chief Executive Officer, (423) 247-9560 or Al Kau, Investor Relations, (888) 795-3166. Further information about the company may be obtained on its Web site at www.badtoys.net.

Certain statements in this release and other written or oral statements made by or behalf of the company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.