DENSO International America Promotes Bill Foy to Vice President

SOUTHFIELD, Mich., March 22 -- Bill Foy, of Novi, Mich., has been named vice president at DENSO International America, Inc. (DIAM), the North American headquarters for Japan-based automotive supplier DENSO Corporation. Previously, Foy, who has been with DENSO for eight years, had been director of Daimler/Chrysler Sales for DIAM since 2001. Prior to that position, he served as senior manager of DIAM's General Motors Sales.

In his new role, Foy will lead DaimlerChrysler sales for DIAM; including global coordination of Mercedes business with DENSO Automotive Deutschland GmbH in Eching, Germany; and add responsibility for Logistics, which includes Material Management, Accounts Receivable and Distribution for Big 3-related business.

Foy holds three degrees: a Master of Business Administration from The University of Michigan, Ann Arbor; a Bachelor of Science in Mechanical Engineering and a Bachelor of Science in Biological Sciences from Michigan Technological University, Houghton, Mich.

He is a member of Marketing and Sales Executives of Detroit, the Society of Automotive Engineers and the Detroit Economic Club.

DENSO Corporation, a global supplier of advanced automotive technology, systems and components, employs 95,000 people in 31 countries, including Japan. Global consolidated sales for the fiscal year ended March 31, 2004 totaled $24.2 billion. In the Americas, DENSO employs 14,000 people at 33 companies with consolidated sales for the above fiscal year totaling $5.3 billion.