IAV Automotive Engineering Inc. Announces the Appointment of Utz-Jens Beister to Director of Powertrain Development

ANN ARBOR, Mich., Sept. 14 -- IAV Automotive Engineering Inc., a leading global automotive engineering service provider, announces the appointment of Utz-Jens Beister to the newly created position Director of Powertrain Development.

Citing significant growth over the last several years, IAV has introduced a new internal corporate structure for US operations. IAV recognizes the new structure will allow for adapting to market needs and new processes that are required for larger companies to operate. Formerly IAV's Manager of Transmissions & Alternative Drives, Mr. Beister will now be centrally focused on the monitoring and coordinating of all engineering activities within IAV Inc., with the main focus being that of increasing IAV's company profitability, technical reputation, customer satisfaction and future market success.

  About IAV Automotive Engineering Inc.:
  IAV - Excellence in Automotive Research and Development

IAV Automotive Engineering Inc., located in Ann Arbor, Michigan, is a 100% subsidiary of German firm IAV GmbH providing automotive engineering services to the North American and Asian markets. Innovation, enthusiasm and inventive spirit are the driving forces behind IAV's 2,500 employees worldwide. IAV Group is the recognized leader in automotive powertrain and controls development & research. Throughout their global locations, new ideas and concepts are perfected daily within the business areas of Automotive Electronics, Powertrain Development, and Vehicle Development. IAV Group is a development partner for large-scale complex programs, as well as for everyday development tasks. IAV's holistic approach guarantees solutions that exceed their customer's expectations for series production quality. Additional information about IAV Inc. is available at http://www.iavinc.com/