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MICROTRAK TECHNOLOGIES TO PROVIDE MOTORCYCLE TRACKING SYSTEMS FOR NMDA MBA Holdings Inc. has signed an agreement with MicroTrak Technologies Inc. for MBA''s subsidiary, the National Motorcycle Dealers Association (NMDA), to be an authorized agent for the marketing and sale of MicroTrak products. The NMDA will be authorized to market its own private label brand name product as BikerTrak as a MicroTrak exclusive for the motorcycle industry. MicroTrak is a total solutions provider of in-vehicle hardware and wireless location services. MicroTrak has combined the ubiquitous coverage of the Global Positioning System (GPS) with the nationwide Cellemetry cellular network and 24/7 automated Web and telephone accessibility. The Web browser tracking capabilities of the MicroTrak are shown in a demo on the MicroTrak company Web site. Product features include:
-- Get motorcycles'' location, speed and direction -- Electronic-geofencing alerts with set predetermined boundaries -- Disable/enable starter -- Fastest speed of the day -- Receive triggered alarm alerts via cell phone, pager, e-mail, fax or Internet -- Flash lights & honk the horn -- Low monthly airtime fee (less then $10 per month) Structured as a mutual marketing agreement, both companies will endeavor to promote, market and sell their respective product lines for each other. The NMDA will market and sell MicroTrak products to their membership for use on rental operation bikes and direct sale to retail customers. MicroTrak''s 20 agents nationwide are now authorized to recruit new NMDA members and sell MBA warranty insurance products. MicroTrak will join the NMDA as a founding member whereby MicroTrak agrees to issue 100,000 shares of MicroTrak Technologies stock to MBA Holdings Inc. for this membership and the joint marketing agreement. MicroTrak Technologies Inc. http://www.microtrakgps.com NMDA http://www.nmda.us MBA Holdings http://www.mbadirect.com
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