DIAS Holding's Asia Forging Supply Subsidiary Names Two New Sales Vice Presidents - Auto News at Automotive.com
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DIAS Holding's Asia Forging Supply Subsidiary Names Two New Sales Vice Presidents

Below is an auto news article from June 12, 2009 from Automotive.com and PRNewswire. View the most recent news or browse our full archives using the links below.
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DIAS Holding's Asia Forging Supply Subsidiary Names Two New Sales Vice Presidents - Auto News from June 12, 2009

- Vast Experience in Key Asian Markets -

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TAIPEI, Taiwan and ALLEN PARK, Mich., June 12 /PRNewswire-FirstCall/ -- DIAS Holding, Inc.'s wholly owned subsidiary, Asia Forging Supply (AFS), headquartered in Taiwan, today announced that it has named two new vice presidents - David Chen and Tamiyuki Higashi. The announcement was made by Chairman and Chief Executive Officer Eric Huang.

Mr. Chen, the new Sales Vice President, had been successfully working in the automotive and motorcycle industries for many years and has significant experience as quality and overseas sales manager for developing parts for motorcycles and vehicle modification. Mr. Chen achieved business relationships for exportation to the United States, Japan and Southeastern Asia. "I will utilize my experience for international sales. This expertise will bring in more business for the Company," stated Mr. Chen. "I am confident that the AFS business model, emphasizing 'One-Stop Shopping' and a 'Total Solution' will provide customers with highest quality of products."

Also named Vice President for the Japanese market is Tamiyuki Higashi, who had been working for AFS as sales manager for that market. Mr. Higashi successfully brought in significant business from Japan relying on his years of experience. "I appreciate the strong support the Company is giving me to further expand our business and look forward to the opportunity," said Mr. Higashi.

"AFS will now be more efficient and effective in conducting its business with these newly promoted vice presidents," said Mr. Huang. "Our new suppliers also will be greatly benefited by the Detroit International Auto Salon, under President Michael Wesney, which will allow these firms to exhibit their products and abilities year-round at our 300,000 square feet of exhibition space."

About the DIAS Holding, Inc.:

DIAS Holding, Inc. services the multi-billion dollar industry of providing automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The Company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the largest independent, year-round exhibition center for automotive products. For more information about DIAS Holding, Inc., please visit www.diasholding.com.

Forward-Looking Statement

This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, which remains subject to a due diligence review by both parties, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.

For more information, contact:

    Paul Knopick
    E & E Communications
    (949) 707-5365
    Email: pknopick@eandecommunications.com

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