Derek Hough and Mark Ballas

March is gearing up to be a big month for Mark Ballas and Derek Hough. Not only are they returning to the floor on Dancing with the Stars, but the two BFFs are set to release their first studio album as well. BHB by the very creatively named Ballas Hough Band will hit stores March 10, a day after Season 8 of Dancing premieres. Coincidence? We think not.

The Ballas Hough Band, formerly known as Almost Amy, is not a two-man show though. Alongside Ballas and Hough on vocals and guitar, respectively, are Emily Grace on keyboards and vocals, Sam Marder on bass and Harry Sullivan on drums. The 11-track BHB includes the first single "Do It For You," which was co-written by American Idol judge Kara DioGuardi.

Long before they won back-to-back Mirror Ball trophies, Ballas and Hough were writing and playing together as preteens and have frequently toured over the years with Almost Amy. (Remember this incident?) "I'm sure that people's first reaction to us will be, 'These dancing guys think they can play guitar now?'" Hough says. "But after seeing us play, they'll realize that this is not a Hollywood move to make a quick buck."

The Ballas Hough Band is currently playing local clubs after each stop on the Dancing winter tour. The band is also planning a summer tour in support of the disc.

As for Dancing, Ballas' and Hough's celebrity partners, along with all the pairings, will be revealed Sunday.