Ricardo Appoints Wandyez as Director of Business Development

VAN BUREN TWP., Mich., Feb. 27, 2007 -- Ricardo - a leading global technology, engineering and business consulting partner for automotive, commercial vehicle, military and related transportation market sectors - has appointed Gloria Wandyez as director of business development. In this role, Wandyez helps to provide direction for strategic growth in the heavy-duty, commercial vehicle, off-highway, government and military divisions. She reports to Vice President, Business Development and Group Marketing Officer John Van Alstyne and is based at Ricardo's U.S. headquarters in Van Buren Twp., Mich.

Prior to this, Wandyez led business development efforts in the heavy-duty and commercial vehicle sectors for Ricardo. Previously, she was a manager for Ricardo Strategic Consulting, where she was responsible for working with clients in worldwide sourcing, cost reductions, and mergers and acquisitions analysis.

"Gloria's extensive knowledge in new business development, technology and business strategy across the transportation sector makes her an ideal candidate for the position," Van Alstyne said. "She will be a great asset to the team, especially in defining opportunities to collaborate with clients across the sector in ways that create unique value for each of them and Ricardo."

Prior to joining Ricardo, Wandyez was the founder of The Wandyez Group, a consulting practice specializing in new business development, procurement and manufacturing.

Earlier, Wandyez served as director of strategic planning and business development for Cleveland-based Eaton Corp. In this position, she supervised the worldwide information technology sector and was responsible for strategic planning of the engine air management operations and assessment of joint ventures.

With 23 years of experience, Wandyez has held a variety of positions of increasing responsibility for New Venture Gear, Inc., Textron Inc., Valeo, Nissan Motor Co., Ford Motor Co. and General Motors Corp.

Wandyez is the holder of two U.S. patents. She earned a master's degree in business administration with a specialization in finance and marketing from the University of Chicago and a bachelor's degree in mechanical engineering from General Motors Institute (currently Kettering University).

With its North American headquarters in Van Buren Twp., Mich., Ricardo - a world-leading vehicle system and powertrain technology provider for automotive manufacturers, heavy-duty manufacturers and tier one suppliers - has been providing value through innovation and technology for 100 years.

Ricardo is the premium global deep-content engineering and management consulting partner for automotive, commercial vehicle and related industry sectors. The company provides complete engineering services from strategy through product concept, design release and validation, and all phases of the product lifecycle. Ricardo technical expertise lies in powertrain and driveline, vehicle engineering, hybrid and fuel cell technologies, controls and electronics, niche volume manufacturing and advanced simulation software.

Ricardo is committed to excellence and industry leadership in people, technology and knowledge. A public company based in the U.K., Ricardo plc posted sales of $320 million in fiscal year 2006 and is a part of the FTSE techMark 100 index - a group of innovative technology companies listed on the London Stock Exchange. For more information, visit www.ricardo.com.