Ellen Aim and the Attackers
The band perform "Nowhere Fast," "Never Be You," "Sorcerer," and "Tonight Is What It Means To Be Young." Ellen Aim's singing voice was Laurie Sargent and Holly Sherwood of Fire Inc. The music is horrible 50s-influenced new wave. Her manager/lover is the money grubbing prick Billy Fish (Rick Moranis).
The Attackers were played by William Beard II, Stuart Kimball, Angelo, and John Ryder.
Trivia Time! The movie features Lee Ving of real punk band Fear as a motorcycle hoodlum and real band The Blasters playing at Torchie's, the motorcycle gang hangout.
Ellen Aim and the Attackers is also listed on a computer (in a big list of fake bands) in the 1990 Andrew Dice Clay vehicle, The Adventures of Ford Fairlane.