Simrit Earns Quality Achievement Award from Polaris

Technology Specialist achieves perfect quality for second consecutive year

PLYMOUTH, Mich., Feb. 16 -- Simrit, the industrial products division of Plymouth, Mich.-based Freudenberg-NOK, was recently honored by Polaris Industries Inc. with its Quality Achievement Award for having a defect rate of zero parts per million (ppm). In fact, this is the company's second consecutive year of supplying Polaris with perfect quality products.

Simrit was one of only 22 suppliers to earn the prestigious award, given to companies that achieve low defect rates in two categories -- less than 100 and 100-300 ppm.

"It is a great honor to be recognized by a highly respected manufacturer such as Polaris for producing some of the highest quality products in the industry," said David R. Monaco, president of Simrit. "Our commitment as a Technology Specialist is to provide customers with the best sealing solutions possible and this award is a testament that we are reaching that goal every day."

Simrit currently supplies Polaris with valve stem seals and reed valves that are manufactured at the company's facility in Cleveland, Ga., and though an affiliate company in Taiwan, respectively.

With annual sales of $1.6 billion, Polaris designs, engineers, manufactures and markets snowmobiles, all-terrain vehicles (ATVs), Victory motorcycles and the Polaris RANGER for recreational and utility use. Information about the complete line of Polaris products, apparel and vehicle accessories is available from authorized Polaris dealers or anytime from the Polaris homepage at http://www.polarisindustries.com/ .

Polaris Industries Inc. trades on the New York Stock Exchange and Pacific Stock Exchange under the symbol "PII," and the Company is included in the S&P Small-Cap 600 stock price index.

A market leader in the aerospace, industrial and agriculture/construction market segments, Simrit draws from more than 150 years of experience and well- known brand names including Freudenberg(R), NOK(R), Disogrin(R), Merkel and International Seal(R).

The Simrit division is based at Freudenberg-NOK's headquarters in Plymouth, Mich. Freudenberg-NOK is part of the Freudenberg and NOK Group Companies, which have total annual sales of nearly $7 billion. The global Freudenberg and NOK Group offers an extensive portfolio of precision-molded products for the aerospace, agriculture/construction, appliance, automotive, diesel engine, marine, medical and recreational vehicle markets.

For more information, visit the Simrit website at http://www.simrit.com/ .