Motor Wheel^® Earns Daimler Quality Award

Motor Wheel^® Commercial Vehicle Systems Earns Daimler Trucks Masters of Quality Award

Canton, MI — June 13, 2008 — Motor Wheel Commercial Vehicle Systems, Inc. announced that it has been selected as part of the elite group of Daimler Trucks North America suppliers to achieve the Masters of Quality Award for 2007.

The Masters of Quality Award is awarded to show Daimler Truck’s appreciation of suppliers who meet their rigid quality requirements and expectations.

“Motor Wheel is pleased to receive this recognition from Daimler Trucks,” said Ed Meador, President and Chief Executive Officer of Motor Wheel CVS. “Motor Wheel is dedicated to achieving a high level of quality and immediate customer response. This award is a well-deserved recognition of the hard work and dedication of our employees.”

Motor Wheel Commercial Vehicle Systems, Inc. is a leading global supplier of commercial highway axle-end components.

Contact: Jennifer Cameron Motor Wheel Commercial Vehicle Systems, Inc. 734.416.8911

About Precision Partners

Precision Partners (a portfolio company of GSC Partners) is a leading global manufacturing and engineering services company with 22 production facilities located in the United States, Canada, Mexico, China and South Africa, with pro forma revenues in excess of $475 million. Precision Partners offers full manufacturing services including: design and process engineering; machining; stamping; component casting; complex die tooling design and build; fixturing design and fabrication; electro-mechanical assembly; full project and supply chain management; and the industry standard Motor Wheel brand braking system hubs, drums, and rotors.

Precision Partners now offers its customers the combined technical resources of approximately 2,200 employees, working globally in approximately 1.8 million square feet of state-of-the-art manufacturing space. By using its broad manufacturing service capabilities and highly engineered processes all Precision Partners companies meet the critical specifications of customers in a wide range of industries who rely on “Preferred” or “Qualified” suppliers for outsourced manufacturing.

About GSC Partners

GSC Partners is a registered investment advisor with over $22 billion of assets under management. The firm specializes in credit driven investing including control distressed debt, corporate credit, European mezzanine lending and structured finance. GSC Partners, with over 140 employees, is headquartered in New Jersey and has offices in New York, London and Los Angeles. GSC’s investors include both institutional investors and substantial net worth individuals seeking sophisticated and attractive alternative investing opportunities. For more information about the firm, please visit www.gscpartners.com.