Bosch Names Jonietz Vice President, Site Concept Americas

FARMINGTON HILLS, Mich., Oct. 24, 2005 -- Bosch has appointed Michael Jonietz to the newly created position of vice president, Site Concept Americas.

In his new position, Jonietz will be responsible for optimizing the company's strategic location concept and the real estate portfolio of the Bosch Group in North and South America. Jonietz will work with all Bosch product divisions, coordinating mid- and long-term facility planning in order to sustain growth targets in both regions.

Jonietz has been with Bosch since 1991. Prior to his current position, Jonietz developed and was responsible for the corporate real estate department's global area management at Bosch headquarters in Stuttgart, Germany. He will now implement the same site concept strategy at the regional level for North and South America.

Prior to joining Bosch, Jonietz was employed as an industrial architect and served as a project team manager at BMW headquarters in Munich, Germany. He graduated from the Technical University of Karlsruhe in Germany with a master's degree in architecture.

The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal year 2004, approximately 242,000 associates generated sales of 40 billion euros, approximately 50 billion USD. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical Engineering," the Bosch Group today comprises a manufacturing, sales, and after-sales service network of approximately 260 subsidiaries and more than 10,000 service centers in over 130 countries.

In North America, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial automation and mobile products, power tools and accessories, security technology, thermo-technology, packaging equipment and household appliances. Bosch employs nearly 23,000 associates in more than 80 primary and 20 associated facilities throughout the region with reported sales of $7.8 billion in 2004. For more information, visit http://www.bosch.us/ .