DriveSol Worldwide, Inc. Purchases the Assets of the Teleflex Automotive Pedal Division

TROY, Mich., Aug. 16, 2005 -- DriveSol Worldwide, Inc., an affiliate of Sun Capital Partners, Inc., today announced that it has acquired the assets of the Automotive Pedal Division from Teleflex Incorporated, a diversified industrial manufacturer for the automotive, medical, and aerospace markets. The new company, DriveSol Worldwide, Inc., is a leading manufacturer of pedals, adjustable pedals, electronic throttle control pedals ("ETC"), and other highly-engineered driving solutions for the global automotive industry. DriveSol has global sales of approximately $140 million and is currently supplying products to most major global automotive OEM's. The Company is headquartered in Troy, Michigan.

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DriveSol is a market leader in supplying adjustable pedals to the North American and Japanese markets and is currently in the process of launching its first European adjustable pedal program. The Company also manufactures over 3.5 million ETC units per year in North America, Europe, and Japan offering both contact and non-contact ETC technology as well as over 2 million fixed pedal assemblies which combine the brake, clutch, and ETC pedal in one unit. Full service, engineering technical centers are located in Troy, Michigan; Dalstorp, Sweden; and Chonquing, China. Manufacturing facilities are located in Kendallville, Indiana; Lyons, Ohio; Dalstorp, Sweden; and Chonquing, China. DriveSol's expansion into China positions the company to compete in high growth, international automotive markets.

Mark T. Simon, Chief Executive Officer of DriveSol Worldwide, commenting on the acquisition and formation of DriveSol said: "The business that we acquired from Teleflex Incorporated, provides an outstanding technology and customer base from which DriveSol Worldwide can develop new products, penetrate new markets, and acquire complementary auto parts businesses. We believe that the combination of Sun Capital Partners' financial reach and our new and aggressive long-term strategy positions DriveSol to become a leading supplier in the automotive industry."

About Sun Capital Partners, Inc.

Sun Capital Partners, Inc. is a leading private investment firm focused on identifying leveraged buyout and investment opportunities in market-leading companies that can benefit from the expertise and experience of Sun Capital's in-house operating professionals. Sun Capital Partners has offices in Boca Raton, Los Angeles, New York, and London. With more than $2.5 billion of capital under management, affiliates of Sun Capital Partners have acquired more than 90 companies throughout the world with consolidated sales in excess of $20.0 billion.

  For further information, please contact:
  Allan G. Hall
  Hall Industrial Publicity, Inc.
  1261 Romney Rd.
  Bloomfield Hills, MI  48304
  248-705-8272
  248-645-0906 (FAX)
  alhall@industrialpublicity.com
   
   Paul Rutter
   Director of Sales
   DriveSol Worldwide, Inc.
   650 Stephenson Highway
   Troy, Michigan  48083
   prutter@teleflex.com
   248-616-3127
   248-616-3820 (FAX)

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