RubberNetwork.com, LLC Names Ron Wells as Vice President of Business Development

  Executive Joins RubberNetwork(SM) Team to Lead Global Business Development

    ATLANTA, May 1 RubberNetwork.com, LLC, a global electronic
purchasing and procurement marketplace created by six leading companies in the
tire and rubber industry, has named Ron Wells as Vice President of Business
Development.  He will be responsible for managing the RubberNetwork(SM) global
business development efforts, which include customer interface, product
management, as well as brand marketing.
    Wells draws on more than 22 years of international business experience in
the tire and rubber industry with The Goodyear Tire & Rubber Company.  In
addition to a successful track record in purchasing and marketing management,
he brings a wealth of enthusiasm and industry knowledge to RubberNetwork.
    "RubberNetwork will fulfill the industry's needs for basic changes in
critical procurement business processes and supply chain management," states
Wells.  "I look forward to working with a great team of professionals and I am
excited about being a part of a successful solution."
    Wells has successfully implemented brand development programs on a global
level, and brings with him a strong history of delivering high-value business
solutions.

    About RubberNetwork
    RubberNetwork was incorporated in October 2000.  RubberNetwork.com, LLC,
the first rubber and tire industry buy-side marketplace, was formed to
increase operating efficiencies and productivity improvements as keys to
critical cost reduction.  This secure e-marketplace will facilitate more
efficient transactions, utilizing the latest web-based technologies in an
attempt to reduce participants' business costs.  The services offered will
streamline purchasing, procurement and supply chain management processes.
    The RubberNetwork(SM) membership now includes nine of the largest
companies in the tire and rubber industry.  They are: Continental AG; Cooper
Tire & Rubber Company; The Goodyear Tire & Rubber Company; Groupe Michelin;
Hankook Tire Co., Ltd.; Pirelli SpA; Sumitomo Rubber Industries; Toyo Tire and
Rubber Co., Ltd; and The Yokohama Rubber Co., Ltd.  The RubberNetwork
marketplace is open to all tire and rubber industry manufacturers and
suppliers.  RubberNetwork also welcomes the opportunity to work closely with
other existing and future exchanges.  RubberNetwork is headquartered in
Alpharetta, Ga., with offices in Europe and Asia.  To learn more about
RubberNetwork, please visit our web site at http://www.rubbernetwork.com .

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