Noble International to Acquire Automotive Assets of BEL-Tronics CSD

20 January 1999
Noble International to Acquire Automotive Assets of BEL-Tronics CSD
    BLOOMFIELD HILLS, Mich., Jan. 20 -- Noble International, Ltd.
("Noble") (Amex: NIL) today reported that it has entered into a letter of
intent relating to the proposed acquisition by the Company, through its wholly
owned subsidiary Tiercon Industries Inc. ("Tiercon"), of certain automotive
business assets of BEL-Tronics CSD.  The transaction is subject to completion
of due diligence and necessary approvals.  The consideration for the
acquisition is US$250,000, plus up to an additional US$500,000 based upon the
receipt of purchase orders which generate revenue in excess of US$6.25
million.
    BEL-Tronics currently supplies a low-noise A.C. Amplifier to Delphi
Harrison Thermal Systems.  In addition, BEL-Tronics has developed a
state-of-the-art Pulse Width Modulating Circuit ("PWM Module") to aid in the
speed control of certain motors.  The PWM Module will provide superior
performance, reduced power usage, lower heat generation, simplified design and
overall cost reduction.  The greatest benefit realized from this new product
will be the reduced system cost resulting from this integration of the
superior electronics with the motor unit.  Based on successful testing, it is
planned that the system be in commercial production by the fourth quarter of
1999.
    In announcing the acquisition, Fraser Wray, Chief Executive Officer of
Tiercon, said "BEL-Tronics development of the PWM Module is a significant
advancement in motor drive technology.  This acquisition will enhance Noble's
technology base and help introduce BEL-Tronics to a broader market."  Delphi
Thermal's Advanced Engineering Group has requested that following the
purchase, Tiercon develop a new line of motor control circuits utilizing the
BEL-Tronics technology that will improve Delphi's technology base and offer
significant cost savings.
    Noble International, Ltd. is a leading full-service supplier of automotive
parts, component assemblies and value-added services to the automotive
industry.  As a supplier, Noble provides design, engineering, manufacturing,
complete program management and other services to the automotive market.
Noble delivers integrated component solutions, technological leadership and
product innovation to original equipment manufacturers (OEMs) and Tier I
automotive parts suppliers thereby helping its customers increase their
productivity while controlling costs.
    Certain statements in this news release may be "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933.
Statements regarding future prospects and developments are based upon current
expectations and involve certain risks and uncertainties that could cause
actual results and developments to differ materially from the forward-looking
statements.