JAC Products Receives 2004 Toyota Quality Alliance - Gold Award

MADISON HEIGHTS, Mich., Oct. 18, 2004 -- JAC Products, a leading manufacturer of automotive functional exterior trim, received the 2004 Toyota Quality Alliance - Gold Award. The award covers all aspects of doing business with Toyota Motor Sales, including quality assurance, warranty, delivery, invoicing and claims, purchasing, marketing, program management and technical development.

JAC Products is currently supplying roof racks for the Toyota Tacoma pick- up truck, the RX330 and Sequoia SUVs, Sienna mini-van, and the RAV 4. They are also producing step bumper pads for the Toyota Matrix.

The award was presented by Toyota Motor Sales on September 20 at their annual suppler conference held in Colorado Springs, Colorado. Accepting the award JAC Products Vice-President - Marketing Don Munoz said, "It's gratifying to be recognized by this valued customer, one of the industry's quality leaders. JAC Products is committed to continually improving our supplier partnership with Toyota."

About JAC Products

Founded in 1967, JAC Products, Inc. is a leading designer and manufacturer of original equipment roof racks, supplying vehicles worldwide.

Owned by Citicorp Venture Capital, Ltd., JAC Products manufactures products in the U.S., Germany, Portugal, Argentina, and the U.K. Additionally, JAC owns and operates Mont Blanc(R) (Sweden) and Paddy Hopkirk (England), which manufacture bicycle and ski racks, plus component supplier Franklin Aluminum (Franklin, Georgia). For more information, visit the company's website at http://www.jacproducts.com/ .