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VSI Holdings Helps Drive Global Communications Initiatives for Visteon

23 February 2000

VSI Holdings, Inc. Helps Drive Global Communications Initiatives for Visteon with Multiyear Contracts

    BLOOMFIELD HILLS, Mich., Feb. 23 -- VSI Holdings (Amex: VIS)
today announced that its marketing services subsidiary, Visual Services, Inc.
(VSI), has been awarded three multiyear contracts to create high-tech
communications initiatives for Visteon Automotive Systems.  These projects,
now under development, include the 2000 Visteon Technology Review, an
Internet-based multimedia reference library and global product training.

    2000 Visteon Technology Review
    As part of Visteon's continuing global marketing efforts, VSI is producing
the new "2000 Visteon Technology Review" to help OEMs and other target
audiences learn more about the company's products and technologies through
customized displays and interactive experiences.  The touring exhibit focuses
on the organization's strategy of strengthening Visteon's brand equity and
building on its current $19.4 billion annual sales base.  To date Visteon's
Technology Review, originally developed by VSI in 1998, has toured four
continents and reached more than 25,000 participants while visiting more than
30 OEMs.

    Internet-based Multimedia Reference Tool
    Centering on Visteon's internal communications, VSI is creating a web-
based visual media management system and in-house library to centralize the
company's sales and marketing references globally.
    The Internet multimedia reference tool will give Visteon the ability to
search, retrieve and view thousands of the company's streaming video images,
stills and photographic images without ever leaving the computer.  This unique
technology also allows Visteon to interface with their offices around the
world using real-time viewing to aid in their business-to-business
capabilities.

    Global Education and Training
    VSI's education and training division continues to assist Visteon with
their global training efforts.  The training programs are traveling worldwide
to give Ford and non-Ford account managers an in-depth look at Visteon's
complete line of products and new technologies.
    "Visteon is one of VSI's most innovative clients who is truly committed to
communicating their product messages and new technologies.  Our new
initiatives with this major Tier One supplier has created opportunities for
VSI to build upon as we continue to work with Visteon to expand their market
share," commented VSI Holdings' CEO, Steve Toth Jr.

    About VSI Holdings, Inc.
    VSI Holdings, Inc. is a full-service provider of customer relationship
management services, Internet communications, education and training, and
edutainment/entertainment.  The company employs 1,000 people through its four
subsidiaries and offers integrated marketing services utilizing a wide range
of technology-driven alternatives.
    VSI Holdings' spectrum of services includes concept development through
implementation of Web-based offerings with seamless call center/e-commerce
integration and back-end fulfillment, long-form cable programming, interactive
satellite-driven and Web-based training, integrated logistics and
distribution, direct marketing, and touring events.  Information about VSI
Holdings is available on their Web site at http://www.vsiholdings.com .
    Certain statements contained herein are "forward-looking" within the
meaning of the Private Securities Litigation Reform Act of 1995, such as
statements relating to financial results and plans for future business
development activities, and are thus prospective.  Such forward-looking
statements are subject to risks, uncertainties and other factors, which could
cause actual results to differ materially from future results expressed or
implied by such forward-looking statements.