NMDA Finalizes Partnership with Wildside Software; Recruitment of Motorcycle Rental Operators On Target; MBAH to Limit Issuance of Shares on Open Market

SCOTTSDALE, Ariz.--Oct. 8, 2004--Integral to the National Motorcycle Dealers Association's (NMDA) successful implementation of rental program services has been the development of our proprietary software suite, Road Master(C). The blue chip participation of a soon to be announced leading insurer backing the NMDA's rental insurance program was dependent on the successful development of this cutting edge management software program. A mandatory software for all NMDA rental operators, Road Master(C) facilitates the rental process from beginning to end. Through its use, dealers will maintain an interactive and secure database tracking all inventory, fleet scheduling & maintenance, customer transactions, insurance & identification records and compliance with NMDA guidelines to document all bikes under contract, including the processing of any subsequent claims. Road Master(C) serves as each rental operator's internet portal to the NMDA.

The developer of Road Master(C) is Wildside Motorcycles, Inc. This sophisticated software is the operational foundation of the NMDA's goal of building a world class motorcycle rental services program and was a requirement for securing the high level participation of a major insurance partner. NMDA has entered into a partnership with Wildside which will be a minority 20% owner of the NMDA. MBAH retains 80% ownership of the NMDA with no plans for granting any additional ownership stake in the association. MBAH will be the sole recipient of NMDA account receivables and shall be wholly responsible for disbursing to Wildside their share of NMDA revenues strictly on a net profit basis. NMDA now owns 20% of Wildside and will be entitled to 20% of the net proceeds disbursed to Wildside. This formula allocates 84% of the NMDA's net profits to MBAH. No share warrants or cash payments have been issued under the terms of the partnership agreement. Revenues generated by MBAH's auto and recreational vehicle divisions and any income not under the purview of the NMDA will still accrue 100% to MBAH. We look forward to the benefits our partnership will provide both for the ongoing success of the NMDA and the prospects this dedicated developer relationship may generate for further insurance industry software products. The participation of Wildside has been fundamental to our goal of establishing a uniform professional standard of operations for the motorcycle dealer and rental business.

Recruitment of participants in the motorcycle rental program is proceeding at a rapid pace. There are already twenty applicants for the NMDA's motorcycle rental program currently being processed. Our marketing team is closing deals for the rental program each week, with seven new deals initiated just this past Friday alone. These new rental operator applicants are situated in a wide range of states, including Texas, Hawaii, California, Utah, Alabama and Florida. Upon successful completion of the rental program agreement, these rental operators will be obligated to join the NMDA. A rigorous training program for our rental operators is in place and will cover all aspects of the rental business, including complete training in their use of the Road Master(C) software program.

Upon enrollment in the current rental program, this important revenue stream for the NMDA will commence. Due to the scarcity of viable sources of insurance providers dedicated to serving the motorcycle rental business, the NMDA is now well positioned to capitalize on one of the most compelling growth opportunities to be found in the motorsports insurance industry today. The comprehensive package of services we now offer to existing and potential motorcycle rental operators establishes the NMDA as the sole full service organization available to those rental operators intent on gaining a competitive edge in the marketplace.

With the positive response of dealers to the NMDA and the present and imminent participation of major partners, MBAH management is now confident the pending value of the company requires greater prudence in the issuance of its shares to protect the future valuation of MBAH stock for both the company and its shareholders.

NMDA program partnerships with major finance and insurance companies will be disclosed imminently and in the weeks ahead.

NMDA - http://www.nmda.us

M.B.A. Holdings - http://www.mbadirect.com