William G. Diehl Appointed BBK's New President and CEO

Diehl outlines corporate strategy for 2007; focus on strengthening BBK's international presence and enhancing service offerings

SOUTHFIELD, Mich., March 8 -- BBK, an international business advisory firm providing financial, strategic and operational services to its clients worldwide, has appointed William G. Diehl as President and CEO. Diehl assumes leadership from BBK's Founder, B.N. Bahadur, who will continue to serve as Chairman. Diehl will also continue to lead the firm's Global Automotive Advisory Group.

"I am extremely honored to name Bill Diehl as our new President and CEO," said B.N. Bahadur, Founder and Chairman of BBK. "Bill's deep experience in our target markets, his proven leadership and the passion he brings to our firm made it an easy choice to name him as my successor. I am confident that BBK, with Bill's leadership, will push forward in our pursuit to enhance the growth, profits and stability of our clients worldwide."

In support of the corporate vision, Diehl will lead BBK's efforts to enhance its service offerings to help its global clients improve performance, enhance enterprise value and maximize returns. As part of its strategy, BBK will continue to augment its financial, strategic and operations performance services in North America, while increasing its bench strength in Europe and Asia, specifically in the automotive and private equity marketplaces.

In automotive, BBK will continue to help domestic and international manufacturers overcome the challenges of the global supply base by enhancing its proactive supply base management tools, such as BBK Ratings. BBK is also expanding its hands-on operational services across the manufacturing industry to help clients better evaluate, repair and improve efficiencies on their plant floors. Finally, BBK's Corporate Advisory Group will extend the firm's overall value by providing complete financial, strategic and operational services in corporate restructurings and turnaround management, transactional due diligence, merger and acquisition activities, leveraged buyouts and capital market transactions to global corporations, commercial lending institutions, private equity firms and hedge funds.

"BBK is poised to help companies, both stable and troubled, navigate through any market condition to drive change and fortify their infrastructure," said Diehl. "Our veteran advisors, deep knowledge, expertise and strong reputation make us uniquely positioned to give companies the confidence they need to resolve crisis, restructure and prevent financial distress."

Mr. Diehl has been with BBK since 1995 and most recently served as COO and Automotive Advisory Group Lead, helping BBK become a leading provider of supply base management services. He managed strategic partnerships with the world's top automotive OEMs and Tier One suppliers by forging productive relationships in business turnaround, resulting in maximal outcomes for OEMs, suppliers, investors, lenders and other involved parties. Diehl also expanded BBK's global presence by securing and supervising engagements across Europe and Asia.

Mr. Diehl has over three decades of experience in direct management of manufacturing firms, including acquisitions, mergers, divestitures, labor negotiations, crisis management and turnarounds. Prior to BBK, Diehl held various senior executive level positions at a number of manufacturing companies.

BBK, an international business advisory firm established in 1977, provides financial and operational services that enhance the growth, profits and stability of its clients. BBK has an extensive network of professionals throughout the United States, Europe and Asia, and has completed thousands of engagements for a variety of clients, including Fortune 500 corporations, mid-sized companies, financial institutions, law firms and private equity firms. For more information, visit http://www.e-bbk.com/ .