MBA HOLDINGS ADDS FULL SUITE OF ELECTRONIC PAYMENT SERVICES IN PARTNERSHIP WITH SOLVERAS PAYMENT SYSTEM
20 December 2004 - MBA Holdings Inc

MBA Holdings Inc. and Solveras Payment Systems announced a new partnership to provide the National Motorcycle Dealers Association (NMDA) with a complete suite of electronic payment services.

The program provides nationwide group discounts on MasterCard(R) and Visa(R) processing as well as a full range of related payment services. NMDA members will be able to utilize Solveras'' experience and superior service and enjoy competitive rates negotiated exclusively for the association. Net savings to motorcycle dealerships are expected to be as much as 0.25% or more per retail transaction which will immediately increase dealer bottom lines.

''We are thrilled to have the opportunity to team up with the NMDA at such an exciting growth period for the organization,'' said Scott Witterholt, president of Solveras. ''Reliable and competitive payment services are a critical component of a motorcycle dealership''s success. Our products and services are well positioned to help fuel the rapid growth.''

Solveras will actively market their services to NMDA members and the NMDA will receive a percentage commission from all member sales processed by Solveras.

Based in Franklin, Tenn., just outside of Nashville, Solveras Payment Systems provides complete electronic payment services to small and medium-sized businesses and trade and professional associations. Products and services include equipment, software and processing support for MasterCard, Visa, American Express, and Discover Card transactions, debit card processing, Internet-based virtual terminal systems, electronic check services, and electronic gift and loyalty cards. Founded in 2000, Solveras is an independent sales and marketing organization offering Fifth Third Processing Solutions, Cincinnati.

www.mbadirect.com

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