DSSI to Provide Indirect Procurement Services to DURA

SOUTHFIELD, Mich., April 14 -- DSSI LLC announced today an agreement to provide outsourced procurement services to DURA Automotive Systems, Inc. . The estimated $60 million agreement spans three years and covers DURA's North American locations.

DURA will utilize DSSI's hosted e-procurement system and buying organization to centralize and consolidate its indirect spend across the company and with other companies. This initiative is one of many strategies the company is implementing to improve its business processes and reduce costs.

"DURA's strategy to consolidate processes is particularly beneficial in the purchasing arena where technology, centralized data and increased purchasing leverage will assist us in further lowering our cost structure while improving support for our plants," said Dave Skrzyniarz, director of global purchasing for DURA. "DSSI's demonstrated success with other major companies really made them stand out. Additionally, DSSI's minority status will contribute to DURA's focus on improving our internal supplier diversity program."

"We are clearly excited to have DURA as a customer. DURA's management has tremendous vision and we are delighted to have been selected to be part of their indirect procurement strategy," said Scott Camera, vice president of business development for DSSI.

About DSSI LLC

DSSI LLC is a global provider of purchasing services. Based in Southfield, Michigan, DSSI also has offices in Atlanta, Georgia and Louisville, Kentucky. For more information about DSSI, visit www.directsourcing.com

About DURA Automotive Systems, Inc.

DURA Automotive Systems, Inc., is the world's largest independent designer and manufacturer of driver control systems and a leading global supplier of seating control systems, engineered assemblies, structural door modules and integrated glass systems for the global automotive industry. The company is also a leading supplier of similar products to the North American recreation and specialty vehicle markets. DURA sells its automotive products to every North American, Japanese and European original equipment manufacturer (OEM) and many leading Tier 1 automotive suppliers. DURA is headquartered in Rochester Hills, Mich. Information about DURA and its products are available on the Internet at www.DURAauto.com .