Corporate

LOS ANGELES, June 18 /PRNewswire-FirstCall/ -- Mizati Luxury Alloy Wheels, Inc. (Other OTC: MZTI), a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans and light trucks announced its 2006 financial update.

CEO Hazel Chu commented, "This year Mizati has become a public company, we developed a new Rent-to-Own business, and we have also branched into international sales. We have executed our growth strategies and continue to position Mizati as a major player in the custom wheel industry."

ROCHESTER HILLS, Mich., June 18 /PRNewswire/ -- Autoweb, a leading provider of software based data management and interoperability solutions for the automotive, aerospace and manufacturing industries, today announced that Kinderhook Industries ("Kinderhook"), a New York based private equity firm, in partnership with Autoweb's existing management team has acquired the business from NTT America, Inc. ("NTTA"). Following years of rapid growth under the ownership of NTTA, Autoweb is partnering with Kinderhook to provide the company with the access to the capital it needs to execute its plan of growth and continued expansion internationally.

NOVI, Mich., June 14 /PRNewswire/ -- Cooper-Standard Automotive Inc. today announced it has signed a definitive sale and purchase agreement with Automotive Sealing Systems S.A. providing for the acquisition by Cooper- Standard of Metzeler Automotive Profile Systems (MAPS) sealing systems operations in Germany, Italy, Poland and Belgium, including joint venture interests in India and China, in accordance with the previously announced Memorandum of Understanding between the parties. The transaction, which is valued at approximately euro 100 million, is subject to certain conditions including regulatory approvals, and is expected to close in the third quarter of 2007. Cooper-Standard's principal shareholders, Goldman Sachs Capital Partners and The Cypress Group, will invest a total of euro 20 million of new equity in Cooper-Standard as part of the financing of the acquisition.

SANTA MONICA, Calif. — June 12, 2007 — Edmunds.com, the premier online resource for automotive information, today announced that Jeremy Anwyl has been named Chief Executive Officer and Avi Steinlauf has been promoted to President.

Peter Steinlauf, the company's controlling shareholder, retains the title of Chairman. He will continue to serve as Edmunds' senior officer and help shape the company's strategic direction and the implementation of its initiatives.

Company Improves Ranking to 81st in Industry Leading Top 500 List

CARSON, Calif., June 12 /PRNewswire-FirstCall/ -- U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) , has been ranked 81st in Internet Retailer magazine's annual Top 500 list of the largest online retailers. This marks a significant increase from last year's list in which U.S. Auto Parts was ranked 166th. The Company also ranked fifth in the "Specialty/Non-Apparel" category, jumping from 16th last year.

The industry-leading magazine publishes the definitive ranking and analysis of America's 500 largest e-retailers based on annual 2006 Internet sales, researched by Internet Retailer and confirmed by retailers. U.S. Auto Parts is joined on the list by other industry leaders including Amazon.com, Blue Nile, VistaPrint, and QVC.

RICHMOND, Va., June 7 /PRNewswire-FirstCall/ -- CarMax, Inc. (NYSE:KMX) announced today that Tom Folliard, president and chief executive officer, will present at the William Blair 27th Annual Growth Stock Conference in Chicago, Illinois. The presentation will begin at 11:10 a.m. CT on June 21, 2007.

NOVI, Mich., June 6 /PRNewswire/ -- Cooper-Standard Automotive Inc. today announced it has signed a Memorandum of Understanding with Automotive Sealing Systems S.A. providing for the acquisition by Cooper-Standard of Metzeler Automotive Profile Systems (MAPS) sealing systems operations in Germany, Italy, Poland and Belgium, including joint venture interests in India and China. The transaction, which is subject to the execution of a definitive purchase agreement and other conditions including regulatory approvals, is expected to close in the third quarter of 2007. Cooper-Standard's principal shareholders, Goldman Sachs Capital Partners and The Cypress Group will invest new equity in Cooper-Standard as part of the financing of the acquisition.

NORTHVILLE, Mich., June 7 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (NASDAQ:HAYZ) today reported that sales for the fiscal first quarter ended April 30, 2007 were $561.0 million, up 11.4% from $503.5 million in the year earlier quarter.

The sales increase came from strong international steel and aluminum wheel sales, metals cost recovery and favorable currency fluctuations, the Company said. Sales increased despite a reduction in U.S. sales volumes of $27 million, due primarily to closure of a wheel plant and lower components volume, the Company said.

TOLEDO, Ohio, June 6 /PRNewswire-FirstCall/ -- Dana Corporation (Pink Sheets: DCNAQ) announced today that the United States Bankruptcy Court for the Southern District of New York, which has jurisdiction over Dana's Chapter 11 reorganization proceedings, approved today the sale of the two businesses that compose the Fluid Products business that the company announced for sale in late 2005.

Dana's fluid products hose and tubing business will be sold to Orhan Holding, A.S., a Turkish industrial firm and joint-venture partner of Dana, for a purchase price of $85 million, and the company's coupled products business will be sold to Coupled Products Acquisition LLC, a wholly owned subsidiary of Wanxiang (USA) Holdings Corporation, for a nominal price.

NORTHVILLE, Mich., June 6 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (the "Company") (NASDAQ:HAYZ) announced today the expiration of the previously announced cash tender offer and consent solicitation of its indirect subsidiary, HLI Operating Company, Inc. ("HLI") for any and all of the outstanding 10 1/2% Senior Notes Due 2010 (CUSIP No. 404216AB9) (the "Notes") of HLI.