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DIAS Holding, Inc.: Nanjing Delegation Leader Signs Letter of Intent With the Detroit International Auto Salon

^{Published on 2009-04-01 04:02:44, Last Modified on 2009-04-01 04:03:31 - Market Wire}
 

ALLEN PARK, MI--(Marketwire - April 1, 2009) - DIAS Holding, Inc. (OTCBB: [ DSHL ]) announced that the Nanjing Nanqi Import & Export Company, Ltd. of Nanjing, China has signed a letter of intent to exhibit at the Detroit International Auto Salon (DIAS) during their delegation visit earlier in March. "Our company has been looking for a platform in the famous auto city of Detroit. Now, I believe we found the entry point into North America," stated Ms. Xiao-ying Zhang, company president and delegation leader. During the course of this Shandong province delegation's visit they were excited to see the numerous companies from Asia already displayed at the exhibition facility.

"We are excited to have this prominent Chinese company join the many exhibitors from Asia at our auto salon," stated Michael Wesney, President of DIAS. "We look forward to a strong collaborative relationship and displaying their products and capabilities here at DIAS."

The delegation consisted of representatives of various departments from Nanjing's most renowned automotive company, the Nanjing Automotive Company (NAC), owner and producer of the MG Rover brand. NAC employs over 14,000 people and produces 200,000 cars annually under Yuanjin, NAC-Iveco, and NAC-Fiat brands.

About the DIAS Holding, Incorporated:

DIAS Holding, Inc. ("DSHL," f/k/a JPC Capital Partners) is a Delaware Corporation servicing the multi-billion dollar industry of providing 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, an independent, year-round exhibition center for a multitude of automotive products and components. For more information about DIAS Holding, Inc., please visit [ www.diasholding.com ].

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 currency and commodity fluctuations and raw material cost increases 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.