MBA Holdings Warranty Sales Climb in Current Fiscal Quarter

Monday February 14, 8:45 am ET

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 14, 2005--MBA Holdings, Inc. (OTCBB: MBAH) has received sales figures from the company's recently signed warranty marketing partners for the first two weeks of operations. MBA has received confirmation of 124 new warranty contracts sold. The revenue run rate at this current pace of new sales maintained over the next year would equal projected sales of 3,224 new warranties per year or approximately $4,800,000 in new revenues being added in the next year. These sales are in addition to MBA's pre-existing warranty sales channels. Any large sales increases would also contribute significant revenues in upcoming fiscal years as future back end payments accrue from MBA's receivable portion of the escrow deposits on expiring warranties.

Our partner marketing firms have stated an objective of reaching 1,000 new warranty contracts per month by this Summer. The rate of initial sales already equals an accomplishment of 25% of this sales target during the initial phase of their MBA warranty marketing campaign. Should this target be achieved in the upcoming months, it would represent an increase of multiples over the company's current annualized revenue rate and affirm that a major turnaround of the company's traditional warranty business has been accomplished.

These new marketing partners have solid track records for producing results. These partnerships are the result of over one year's efforts by MBA to enlist these news sales forces as their participation was anticipated to have a major impact on MBA's warranty sales. The ability to secure these important sales channels was one of the cornerstones of the company's plan to produce revenue growth. MBA is in negotiations to add additional strong marketing partners who had previously been obligated to sell competitor products. The combined sales force now being deployed gives the company confidence warranty sales and revenues will grow significantly during the current fiscal quarter and the rest of 2005.

MBA CEO Gaylen Brotherson comments, "We are pleased the fiscal 2004 fourth quarter results represented a quarterly increase in warranty sales over previous quarters in 2004. MBA is now building on this trend with a definitive increase in warranty sales in the current fiscal quarter. As we look forward to additional revenue growth from the National Motorcycle Dealers Association (NMDA), motorcycle leasing and rental operations, it is gratifying to report to our shareholders MBA has increasingly solid prospects for generating growth and achieving profitability on the basis of our rebounding warranty business alone."

MBA will endeavor to create additional strong sales channels to power the growth of their warranty division, including aforementioned cross-promotional programs with national service centers and warranties for vehicles sold at auction. MBA will continue to inform shareholders of significant developments that can contribute to revenue growth in the near future.

"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.

MBA Holdings
http://www.mbadirect.com

NMDA
http://www.nationalmda.com

Contact: MBA Holdings Inc., Scottsdale
Gaylen Brotherson, 480-860-2288, ext. 317

Source: MBA Holdings, Inc.

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