SOURCE: DIAS Holding, Inc.

September 09, 2008 13:58 ET

DIAS Holding, Inc. Files Form 8-K to Consummate Acquisition of Componus, Inc.; Asia Forging Supply Company and Detroit International Auto Salon Become Subsidiaries

ALLEN PARK, MI--(Marketwire - September 9, 2008) - DIAS Holding, Inc. (OTCBB: DSHL), formerly known as JPC Capital Partners, filed a Form 8-K yesterday with the SEC which details the consummation of the acquisition and subsequent changes in control of Componus, Inc., a Nevada corporation. As previously announced on July 31, 2008, stockholders of JPC Capital Partners voted to approve changes to the certificate of incorporation and board of directors. The closing of the transaction took place on September 8, 2008 (the "Closing Date"), pursuant to the terms of the Exchange Agreement. The outstanding capital stock and ownership interests of Componus went to JPCI, resulting in the issuance of 89,000,000 shares or approximately 87.25% of JPCI common stock, thereby making Componus a wholly owned subsidiary. The registered name was changed to DIAS Holding, Inc. The Form 8-K has been filed with the SEC and is available publically at:

DIAS Holding, Inc. intends to focus its business on the rapidly growing worldwide outsourcing of metal-formed parts for automotive, heavy equipment, and other market uses by providing products and services to customers within these industries. The company has a history of successfully sourcing metal-formed products from the greater China region, and providing these products under contract to North American customers via the Asian Forging Supply Company subsidiary. To further its market penetration, the company created the Detroit International Auto Salon in 2007, that provides year round exhibition and showcase for products manufactured overseas, by emerging and suitable suppliers from Asia. The Detroit International Auto Salon serves as a central point where these suppliers and customers can converge.

"This marks the beginning of what I feel will be a successful relationship with the JPCI shareholders," said Eric Huang, Chairman, CEO and President of DIAS Holding, Inc. "We look forward to creating shareholder value as our brand and business lines grow, and we will continue to communicate with the public about our Company and ongoing changes," he stated. Mr. Huang closed by saying, "We welcome Jack Canouse (Former CEO of JPCI) and the rest of the JPCI shareholders."

Forward-Looking Statements

This report contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995), other than historical facts, which reflect the view of the Company's management with respect to future events. When used in this report, words such as "believe," "expect," "anticipate," "estimate," "intend," "deem," "see" and similar expressions, as they relate to the Company or its plans or operations, identify forward-looking statements. Such forward-looking statements are based on assumptions made by and information currently available to the Company's management. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations are reasonable, and it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from such expectations include, without limitation, the ability of the Company to execute its business plan, currency and commodity fluctuations, availability of raw materials, raw material cost increases, and severe interest rate increases. The Company can provide no assurance that such cost increases can be passed on to its customers through implementation of price increases for the Company's products. The forward-looking statements contained herein reflect the current views of management with respect to future events and are subject to those factors and other risks, uncertainties and assumptions relating to the operations, results of operations, cash flows and financial position of the Company. The Company assumes no obligation to update the forward-looking statements or to update the reasons actual results could differ from those contemplated by such forward-looking statements.

Contact Information

  • For Investor Relations contact:
    Michael Wesney
    Email Contact
    (313) 928-1272