Multimatic Honored by General Motors as a 2005 Supplier of the Year

FOR IMMEDIATE RELEASE
---------------------------------------------------------------------------------------------

MARKHAM, ON (April 29, 2006) – Multimatic has been named as a General Motors Supplier of the Year for its overall business performance in providing GM with world-class parts and services.

The award was given during ceremonies Saturday, April 29, at GM’s Vehicle Engineering Center at the General Motors Technical Center in Warren, Mich. This is the second time in the past three years that the Canadian company has been honored in this way by GM.

“We consider Multimatic to be a role model for all suppliers. They are recognized as a GM Supplier of the Year because they exceeded our expectations in 2005," said Bo Andersson, vice president of Global Purchasing and Supply Chain. Multimatic is one of the best in the world and we thank them for their hard work and commitment to helping make GM vehicles the best in the world.”

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 85 suppliers for their outstanding performance throughout 2005.

“It is especially gratifying to be recognized once again by General Motors as an elite supplier during what is an extremely challenging time in the automotive industry. The award reinforces Multimatic’s approach of providing high value, technology based products. It also recognizes the dedication and hard work of our employees around the world and it a great motivator for us to stay the course through this difficult period,” said Peter Czapka, President, Multimatic.

Multimatic is a privately held Canadian corporation supplying components, systems and services to the global automotive industry. The company is headquartered in Markham, Ontario, Canada, and has operating divisions in North America and Europe with partners in Asia, South America and Australia.

Multimatic specializes in the manufacture of stampings, welded assemblies, mechanisms, and suspension components, as well as the design and development of automotive body and chassis systems. Multimatic uses advanced technologies to achieve outstanding product quality, delivery and functional performance.

Multimatic provides General Motors with a wide range of engineered products and recently enjoyed an extremely successful launch of the Instrument Panel Structure and Hinge Systems on GM’s new full-size SUVs.

* To contact Multimatic for more information, please click here.