TAMPA, Fla., Oct. 5, 2005 (PRIMEZONE) -- Extreme Innovations, Inc. (Pink Sheets:EXTI) announced today the launch of its newest joint venture partnership, Extreme Toyz, Inc., with Arizona-based Street Eagle, LLC., a national motorcycle rental franchise and subsidiary of MBA Holdings, Inc. (OTCBB:MBAH).
Extreme Innovations, Inc. has signed license agreements with Street Eagle Motorcycle Rentals and will operate the Extreme Toyz Motorcycle Rental locations in Tampa, Fla. and Chicago, Ill. The new stores will start with a fleet of up to 20 new Harley Davidson motorcycles and assorted Metric Cruisers in their rental outlets.
Gaylen Brotherson, CEO of MBA Holdings, said, "We are quite pleased with the addition of these two fine locations. These new stores give us a great foothold in the Midwest to launch additional licensed stores in the eastern part of the United States in addition to our newly opened Nashville, Tenn. store and Clearwater, Fla. Motorcycle Rental Stores."
Street Eagle and Rent 2 Ride Nationwide have received in excess of 25,000 motorcycle rental requests in the last two years.
Nazarith Dewoodi, CEO of Extreme Innovations, Inc. stated, "We look forward to the future with Street Eagle Motorcycle Rentals and our company. Street Eagle's unparalleled worldwide Internet reservations system will make a major difference in the success of our company."
About Extreme Innovations
Extreme Innovations, Inc. markets, sells, and distributes cutting-edge recreational vehicles. Extreme Innovations, Inc. is devoted to providing new, extreme recreational products with a marketing platform as well as sales support to help bring them to market.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.