STAMFORD SPORT WHEELS RECEIVES PRESTIGIOUS TÜV CERT CONFIRMATION AND VIA ACCREDITATION

    /24-7PressRelease/ - CHARLOTTE, NC, April 06, 2006 - Stamford Tires and Wheels, Inc. is pleased to announce that its Stamford Sport Wheels' ("SSW") wheel manufacturing plant in Thailand, has achieved the TÜV CERT for process quality system from the prestigious TÜV (Technical Inspections Organisations) CERT Certification Body of Pfalz Anlagen and Betribstechnik GmbH, as well as accreditation from the Vehicle Inspection Association ("VIA") Japan for its in-house laboratory.

The TÜV CERT process quality system complies with the Automobile Industry Federation ("VDA") requirements - the German standard for automobile industry, based on the regulations from the Federal Motor Vehicle and Transport Authority ("KBA"), while the VIA Japan complies with the requirements of the Japan Light Alloy Automotive Testing Council ("JWTC") in accordance with the technical standard specifications for Light Alloy Disc Wheels ("JWL") and Light Alloy Wheel Truck and Bus Disc Wheels ("JWL-T").

Said Mr Roger Chang, CEO of Stamford Sport Wheels, "Achieving the TÜV Cert Confirmation and VIA Accreditation shows our commitment to produce high quality alloy wheels for car enthusiasts."

Added Mr Jim Seidel, Vice President and Chief Operating Officer of Stamford Tires and Wheels, Inc., "The TÜV Cert Confirmation and VIA Accreditation are highly valued accomplishments that affirm the high quality standard of SSW wheels, and augurs well with our value adding concept to our dealers and customers."

"Stamford Sport Wheels will continue to explore ways to upgrade its technology and quality standard. We are working with the Singapore Institute of Manufacturing Technology ("SIMTech") on a three-year partnership, to chart a new technology roadmap for global growth as well as the transfer of technical expertise and the sharing of infrastructure," added Mr Chang.

About Stamford Tires and Wheels, Inc.

Stamford Tires and Wheels, Inc., a wholly owned subsidiary of Stamford Tyres Corporation Limited of Singapore, is focus on the distribution of Stamford Tyres' proprietary brands of tires and light alloy wheels. These proprietary brands comprise Stamford Sport Wheels (SSW) and the range of Sumo of tires including the Akina and Firenza Ultra High Performance tires, the Cougar and Firenza Truck-Bus Radial (TBR) tires, and various Sumo agricultural and Sumo Off-the-road (OTR) tires. Stamford Tires and Wheels, Inc. operates a warehouse and offices in Miami, FL and Charlotte, NC.

About Stamford Tyres Corporation Limited

Established in the 1930s, Stamford Tyres is today a major tyre distributor and wheel manufacturer with strong growth potential. The Group provides integrated value-added services including international distribution, regional retail operation, and fleet/mining tyre management services. The Group continues to grow its business through expansion into the alloy wheel manufacturing and proprietary tyre brand outsource manufacturing.

The Group's established company-owned international distribution network currently spans more than 11 countries in Asia Pacific, Africa and USA. While the Group continues to focus on its core business of tyre distribution for its major brands - Falken, Dunlop, Continental and Toyo Tires, it has also strengthened its product development capabilities and introduced innovative products to grow its proprietary brands - Sumo Firenza and Stamford Sport Wheels (SSW), which it sells globally.

Already the largest independent tyre and wheel distributor in Southeast Asia, the Group operates the most extensive retail network in Singapore with 20 Mega/Tyre Marts and Tyre Workshops, that offer a comprehensive range of tyres, wheels, batteries, car audio and auto accessories, as well as workshop and tyre services. The Group has also expanded its fully integrated concept in Thailand, Malaysia and China.

Going forward, the Group will continue to leverage on its international distribution network to drive consistent organic growth of its major brands through its integrated concept of value-added services, as well as the incremental contribution from its proprietary brands of tyres and wheels.

Stamford Tyres was listed on the SGX-Sesdaq in 1991, and was upgraded to the Main Board in April 2003.

For more information, please visit www.stamfordtyres.com.

About Singapore Institute of Manufacturing Technology

The Singapore Institute of Manufacturing Technology (SIMTech) contributes to the competitiveness of Singapore industry through the development of high value manufacturing technology and human capital. It is one of the research institutes of the Agency for Science, Technology and Research (A*STAR).


ISSUED ON BEHALF OF : Stamford Tyres Corporation Limited
BY: Citigate Dewe Rogerson i.MAGE Pte Ltd
1 Raffles Place
#26-02 OUB Centre
SINGAPORE 048616

For CDRi.MAGE
CONTACT: Mr Andrew Cheng / Ms Rosalina Soh
DURING OFFICE HOURS: (65) 6534 5122 (Office)
AFTER OFFICE HOURS : (65) 9633 7377 / 9154 3765 (Mobile)
EMAIL: [email protected]
[email protected]

For Stamford Tyres Corporation
CONTACT: Mr Conson Sia / Ms Megan Teo
DURING OFFICE HOURS: (65) 6268 3111 (Office)
EMAIL: [email protected]
[email protected]

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