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      • Dana Corporation to Highlight its Spicer® CTIS Central Tire Inflation System at the

      Dana Corporation to Highlight its Spicer® CTIS Central Tire Inflation System at the

      October 27, 2006 at 12:00 AM EDT
      PDF Version

      WASHINGTON, D.C. – October 9, 2006 – Dana Corporation will showcase its Spicer® CTIS central tire inflation system, designed to provide advanced mobility for military vehicles, during the Association of the United States Army (AUSA) Annual Meeting and Exposition in Washington, D.C., Oct. 9-11, 2006, in booth number 749.

      Dana's Spicer CTIS system works by lowering a vehicle's tire pressure, which increases the tire footprint for increased traction in sand, soft soils, or steep grades. Benefits of the system include:

      • Enhanced mobility – The right pressure for the right terrain at the touch of a button.
      • Reliable performance – Isolated, non-pressurized seals and hoses eliminate tire leak-down.
      • Less maintenance – Wheel valves are sealed to eliminate contamination.
      • Drivetrain integration – Engine, transmission, ABS, and axle differential locks can be integrated via data link.
      • Safety – Automatic run-flat capability.

      "Dana is the world's leading supplier of advanced mobility systems," said Dana's Heavy Vehicle Products President Nick Stanage. "The AUSA Exposition provides a stage to showcase this advanced system as well as Dana's other products and systems designed to meet the diverse needs of military customers."

      In addition to Spicer CTIS, Dana offers a host of drivetrain products that serve the needs of the world's military vehicle market. These products include Spicer steer, drive, and trailer axles and Spicer driveshafts. Other tire management products Dana supplies to the commercial vehicle industry include Spicer TIMSTM tire inflation management system and SmartWave® TPMS tire pressure monitoring system.

      Dana will also have on display an original painting by world-renowned armed forces artist and American Spirit Award-winner Rick Herter, titled “Mutual Support.” The painting highlights how Dana's products support the equipment that supports American forces all over the world.

      About Dana Corporation
      Dana is a leading supplier of drivetrain, chassis, structural, and engine technologies. Dana people design and manufacture products for every major vehicle and engine producer in the world. Based in Toledo, Ohio, with operations throughout the world, Dana is focused on being an essential partner to automotive, commercial, and off-highway vehicle customers, which collectively produce more than 60 million vehicles annually. The company's continuing operations reported sales of $8.6 billion in 2005. Dana's Internet address is: http://www.dana.com/.

      Dana and certain of its U.S. subsidiaries are operating under Chapter 11 of the U.S. Bankruptcy Code as debtors in possession. Information about the bankruptcy proceedings can be found at: http://www.dana.com/reorganization. While Dana continues its reorganization under Chapter 11, investments in its securities will be highly speculative. Although shares of Dana common stock continue to trade on the Over the Counter Bulletin Board (OTCBB) under the symbol “DCNAQ,” the trading prices of the shares may have little or no relationship to the actual recovery, if any, by the holders under any eventual court-approved reorganization plan. The opportunity for any recovery by holders of Dana common stock under such reorganization plan is uncertain and shares of Dana common stock may be cancelled without any compensation pursuant to such plan.

      SmartWave® is a trademark of SmarTire Systems Inc.

      Contact: Emily Ewing
      269-567-1307
      emily.ewing@dana.com

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