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Dana's Perfect Circle Sealed Power Division Named Best

17 August 1998

Dana's Perfect Circle Sealed Power Division Named `Best of the Best' By Automotive Industry Peers

    DETROIT, Aug. 14 -- The readers of prestigious Automotive
Industries magazine have voted Dana Corporation's Perfect Circle
Sealed Power Division the "Best of the Best" in that magazine's 1998 "Quest
For Excellence" competition.  Perfect Circle Sealed Power Division captured
first place in the Engine/Powertrain Components: Pistons/Rings category.
    Automotive Industries' 1,800 survey participants included management,
designers, engineers and production and quality professionals for domestic and
imported vehicle manufacturers.
    The "Best of the Best" award was presented at a gala dinner ceremony in
Detroit August 12.  Automotive Industries compared this award to Hollywood's
"Oscar" awards, which are also recognition by industry peers.  In the words of
AI's editors, "There is no greater honor than to receive an `Oscar' from your
customers."
    All of the suppliers were rated on their performance in five categories:
Quality, Price, Innovation, Delivery, and Service.  Perfect Circle Sealed
Power Division scored the highest in each category including  the most
important "Quality" category.
    "This award is truly an honor, and it demonstrates what can be achieved by
a concerted, division-wide effort to provide superior products and customer
service.  Being chosen Best of the Best is the result of comprehensive
planning, engineering excellence, manufacturing skill and quality control.  We
are especially pleased that it is our peers who voted us this recognition,"
said Hugo Ferreira, vice president for Dana's Engine Products Group.
    According to Dan Moody, president of Perfect Circle Sealed Power Division,
"Perfect Circle(R) piston rings sold to engine rebuilders, jobbers, WDs, and
repair shops are made with the same machines in the same plants as the OE
rings.  Aftermarket buyers and installers of piston rings can expect the same
perfection in the Perfect Circle(R) piston rings they buy and install."
    Perfect Circle is part of Dana Engine Components, one of seven Dana global
strategic business units.  Dana Engine Components provides advanced,
synergistic, total systems solutions to engine builders and fluid systems
parts design and sourcing, worldwide.  Dana Engine Components combines the
strength and capabilities of Victor Reinz(R) gaskets and sealing products,
Perfect Circle(R) power cylinder and heavy duty camshafts, Fluid Systems
products, and Plumley powertrain components.
    One of the world's largest independent suppliers to vehicular, off-
highway, and industrial manufacturers and their related aftermarkets, Dana
Corporation produces components used on more than 95 percent of the world's
650 million motor vehicles.  Founded in 1904 and based in Toledo, Ohio, the
company operates 270 major facilities in 33 countries and employs more than
79,000 people.  The company had pro forma sales of $11.9 billion in 1997.
Dana's Internet address is http://www.dana.com