Transpro Signs Three-Year Supply Agreement With Cummins Power Generation

NEW HAVEN, Conn.--Oct. 2, 20034, 2003--Transpro, Inc. (AMEX: TPR) announced today that it has signed a three-year supply agreement with Cummins Power Generation ("CPG"), a division of Cummins Inc. . The agreement is expected to generate over $15 million in revenues during its life, and extends Transpro's current relationship with CPG.

Under the agreement, Transpro's Heavy Duty Group will supply cooling systems for CPG's commercial generator sets. The state-of-the-art cooling systems supplied by Transpro will include the Company's new, patented Ultra-Seal(R) Charge Air Cooler. These systems will be manufactured at the Company's facility in Mexico, as well as through one of Transpro's worldwide sourcing partners in China, and will then be distributed to various CPG manufacturing locations throughout the world.

"This agreement with Cummins extends our relationship with a well-respected industry leader," said Charles E. Johnson, President and Chief Executive Officer of Transpro. "It also illustrates a developing trend within our marketplace: customers' desire to work with fewer suppliers who can more cost effectively fulfill their needs. Through our extensive manufacturing and distribution capabilities and our network of international supplier partners, Transpro is in an excellent position to benefit from this trend. We look forward to working with Cummins under this agreement and to the possibility of additional international opportunities in the future."

Transpro, Inc. is a leading manufacturer and distributor of Aftermarket and OEM heat transfer and temperature control products for automotive, truck and industrial applications.

Transpro, Inc.'s Strategic Corporate Values are:

-- Being An Exemplary Corporate Citizen

-- Employing Exceptional People

-- Dedication To World-Class Quality Standards

-- Market Leadership Through Superior Customer Service

-- Commitment to Exceptional Financial Performance

FORWARD-LOOKING STATEMENTS

Statements included in this news release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company's Annual Report on Form 10-K contains certain detailed factors that could cause the Company's actual results to materially differ from forward-looking statements made by the Company. In particular, statements relating to the future financial performance of the Company are subject to business conditions and growth in the general economy and automotive and truck business, the impact of competitive products and pricing, changes in customer product mix, failure to obtain new customers or retain old customers or changes in the financial stability of customers, changes in the cost of raw materials, components or finished products and changes in interest rates.