Aftermarket Technology Corp.'s Drivetrain Segment Awarded New Remanufactured Transmission Programs With Ford and General Motors

DOWNERS GROVE, Ill., Oct. 2, 2006 -- Aftermarket Technology Corp. , today announced that its Drivetrain Segment has been awarded two new transmission remanufacturing programs with Ford and General Motors (GM) to ramp up in the second half of 2007.

The remanufacturing program for Ford is for their new family of six-speed, front wheel drive transmissions. The transmissions are used in various Ford vehicle offerings including the new Ford Edge and Lincoln MKZ, the Ford 500, the Mercury Montego, and the Ford Fusion.

In January 2006, ATC announced that it had been awarded the remanufacturing program for Ford's newest six-speed, rear wheel drive platform -- the 6R -- used in the Explorer, Mountaineer, Expedition and the F-150 light truck.

These key wins, representing the future of Ford's automatic transmission programs, maintain ATC's position as Ford's primary remanufacturing supplier.

The remanufacturing program for GM is for their family of new six-speed, front wheel drive transmissions. The transmissions are used in various GM vehicle offerings including GMC Acadia, Pontiac G6, Saturn Aura, Saturn Outlook, Buick and various cross over vehicles. Winning this key remanufacturing program for GM's six-speed, front wheel drive "world" transmissions establishes ATC as a valued remanufacturing supplier to GM.

The Ford and GM wins solidify and further diversify the Company's Drivetrain business as outlined in the three-year growth plan announced by the Company in February 2006.

In commenting on the wins, Don Johnson, ATC's Chairman, President and CEO said, "These six-speed transmission families are critical to our customers' future. We anticipate that they will be used in approximately one in every four vehicles produced by Ford and GM in North America over the next few years according to industry forecasts."

"Ford and GM's selection of ATC's Oklahoma City drivetrain operation for these programs was based on our 'total value proposition' that includes our commitment to industry-leading quality, on-time delivery, dedicated and in- depth technical expertise, launch readiness, and the ongoing competitive advantage we offered both customers."

For further information, please see the Company's periodic reports filed with the Securities and Exchange Commission.

ATC is headquartered in Downers Grove, Illinois. The Company provides outsourced engineered solutions and supply chain logistics services to the light and medium/heavy-duty vehicle aftermarket and consumer electronics industries.

The preceding paragraphs contain statements that are not related to historical results and are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those that are predictive or express expectations that depend upon or refer to future events or conditions, or that concern future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, or possible future Company actions. Forward-looking statements involve risks and uncertainties because such statements are based on current expectations, projections and assumptions regarding future events that may not prove to be accurate. Actual results may differ materially from those projected or implied in the forward-looking statements. The factors that could cause actual results to differ are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2005 and other filings made by the Company with the Securities and Exchange Commission.