SOURCE: DIAS Holding, Inc.

December 17, 2008 06:00 ET

Detroit International Auto Salon to Host EXPO 2009 in April 2009

ALLEN PARK, MI--(Marketwire - December 17, 2008) - DIAS Holding, Inc. (OTCBB: DSHL) formally announced today the creation and hosting of an international auto salon EXPO 2009 at their 300,000 square foot Allen Park facility, April 20 - 26, 2009.

"EXPO 2009 will add a brand new and exciting flare to the many annual DIAS activities," stated Michael Wesney, President of the Detroit International Auto Salon (DIAS). "We will be focusing on automotive aftermarket products and international sourcing, plus informative forums and industry networking for the internationally-minded automotive executive," he stated.

Industry participants from China, India, Taiwan, and Japan are expected with significant presence by strategic alliance partners -- Gasgoo.com, Guangzhou Auto Parts and Accessories Global Sourcing Center (China), Pushkaraj Engineering Enterprises PLC (India), Hubei Provincial Mechanical and Automotive Promotion Center (China), China International Automotive Parts Exhibition, and the Metal Industries Research & Development Center (Taiwan). The event will be open to the public, and automotive purchasing organizations will be invited. Additional information about the EXPO can be found at http://www.detroitautosalon.com/Visitors/news-view.asp?NID=138.

"This EXPO will be one exciting week in our all-year-round facility," Chairman & CEO Eric Huang explained. "In these hard economic times, we will be able to stretch the marketing dollar of U.S. and Asian automotive companies by networking them in a creative and collaborative environment. For the first time, DIAS, together with the organizers of the premier Asian auto malls and exhibitions, can offer a one-stop shopping for global automotive product presence," Mr. Huang summarized.

About the DIAS Holding, Incorporated:

DIAS Holding, Inc. ("DSHL") is a Delaware Corporation servicing the multi-billion dollar automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the largest independent, year-round exhibition center for automotive products. For more information about DIAS Holding, Inc., please visit www.diasholding.com.

Forward-Looking Statement

This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to execute its business plans, domestically and internationally, to exploit its strategic partnerships, to gain customer and potential customer acceptance of its products, to manage and expand the business in the global recessionary environment and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans or projections will be achieved.

Contact Information

  • For more information, contact:

    DIAS Holding Investor Relations
    Michael Wesney
    Email Contact
    (313) 928-1272