Affiliate of Sun Capital Partners, Inc. Acquires DriveSol Worldwide, Inc., A Manufacturer of Automotive Parts

BOCA RATON, Fla., Aug. 17, 2005 -- Sun Capital Partners, Inc., a private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that one of its affiliates has acquired the assets of the Automotive Pedal Division from Teleflex Incorporated, , a diversified industrial manufacturer for the commercial, medical, and aerospace markets.

The new company, DriveSol Worldwide, 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 global automotive OEMs in North America, Europe, Japan, and China. The Company is headquartered in Troy, Michigan.

DriveSol Worldwide 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 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 Chongquing, China. Manufacturing facilities are located in Kendallville, Indiana; Lyons Ohio; Dalstorp, Sweden; and Chongquing, China.

The DriveSol management team will be led by Mark T. Simon, Chief Executive Officer, and Glen Willson, President. Prior to joining Drive Sol, Mr. Simon previously headed Teleflex's European automotive division, having joined Teleflex with its acquisition of Comcorp, a predecessor company of the Automotive Pedals Division of Teleflex. Mr. Willson served as General Manager of Teleflex's Automotive Pedals Division and has held several senior management positions within the automotive division of Teleflex, and previously with General Motors.

Mark T. Simon, Chief Executive Officer of DriveSol Worldwide, commenting on the acquisition and formation of DriveSol said: "The automotive pedals business of Teleflex provides an outstanding technology and customer base from which DriveSol Worldwide can develop new products and penetrate new markets. Our expansion into China positions the Company to compete in the high-growth international automotive markets."

Gary M. Talarico, Managing Director, Sun Capital Partners, Inc., said, "We believe that DriveSol will become a very successful standalone company and our affiliates will utilize this platform to acquire complementary businesses in the automotive sector. In addition, we expect our affiliates to make other platform investments in auto parts companies independent of this acquisition. The automotive industry faces an increasingly challenging business environment where Sun Capital's operating expertise is very relevant."

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.