MBA Holdings, Inc. Announces New Rental Software
SCOTTSDALE, Ariz.--Feb. 2, 20053, 2005--MBA Holdings, Inc. (OTCBB: MBAH) and National Motorcycle Dealers Association (NMDA) personnel have just returned from the Dealer Expo 2005/Big Twin East Motorcycle Show in Indianapolis, Indiana. The results were quite gratifying with 120 New NMDA Dealer members signed and numerous motorcycle manufacturers wanting to start nationwide rental programs for their Dealer groups over the next few weeks.MBA Holdings, Inc. has formed a new entity called Worldwide Rentals, LLC that will promote motorcycle rentals with our New Worldwide Reservation System Software. We have been working on this system for several months and will introduce it over the next few weeks to potential licensees, existing rental dealers and the custom motorcycle manufacturers dealer groups in the United States and Canada. The software will run rental operations for Motorcycle, Auto and Recreational Vehicles and when launched the system will first be accessible at www.worldwidemotorcyclerentals.com
This state of the art system will combine all of the latest thinking in inventory tracking, accounting and advanced reservation systems. Pictures and specifications of each rental, including tracking add/deletes by the date and hour of the transaction and will provide a fleet availability display. The system will have counter procedure requirements built in that can't be bypassed (such as age, motorcycle endorsement on license, etc.), credit card processing on line, will provide total fleet insured reporting by member for billing purposes, as well as a condition report on the motorcycle, notification of need for service at certain mileage intervals, maintenance performed log.. This system is 100% owned and designed by the MBA team and will be patented and trademarked.
MBA Holdings, Inc. is also building a state of art Nationwide Motorcycle Employment website for dealers and potential employees. We expect that this software to be online in April 2005.
In addition we have signed several new affiliate members. 1 Stop Apparel of Tempe, Arizona is the newest product line we will bring to our dealers at a significant cost savings to their dealerships. The motorcycle industry represents a $40 billion opportunity for specialized apparel sales across the country. This important segment of the market has been under serviced and under appreciated by the big names in apparel. 1 Stop Apparel was formed to address the needs of this segment with FOUR superior offerings:
-- The highest quality new and original artwork.
-- A proven product line.
-- A delivery system exploiting the latest technology available.
-- A customer service model that has been proven across other industries.
1 Stop Apparel combines the strengths of three companies that will provide solutions for the entire motorcycle industry. This collaborative organization combines the highest quality art development team ever seen in this industry with state of the art operational controls and outstanding marketing expertise. 1 Stop Apparel has developed custom art and a broad base of proven industry specific artwork. Numerous motorcycle manufacturers, local dealers, and multiple suppliers have used this company to promote the level of art that this industry demands.
The product line of 1 Stop Apparel includes a broad array of men's and women's apparel from tee shirts to high-end oxfords. Outer Wear features leather and fleece as well as the more casual items like denim jackets and sweatshirts. Headwear includes an array of baseball hats and other headwear.
Leveraging the latest and greatest that technology offers, 1 Stop Apparel has developed a user friendly web site, which highlights the entire product line and makes ordering easy. Our 800 number also provides the friendliest customer service team available.
Customer Service means exceeding customer expectations. 1 Stop Apparel offers:
-- 100% satisfaction Guarantees
-- Fast Turnaround - 3 week or less shipment of product
-- 99.9% shipment of ordered product
-- Competitive pricing
Exceptional client enthusiasm makes for life long relationships and that is what we are striving to achieve. 1 Stop Apparel understands the motorcycle industry's unique needs and has been providing solutions to this marketplace for 10 years.
"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.
M.B.A. Holdings http://www.mbadirect.com NMDA http://www.nmda.us 1 Stop Apparel http://www.1stopapparel.com