Date: May 9, 2007

Eaton Names Steven Nash President, Eaton INOAC

CLEVELAND … Diversified industrial manufacturers Eaton Corporation and INOAC Corporation recently named Steven Nash president of the joint venture between Eaton and INOAC, effective May 14. The joint venture, called Eaton INOAC (EIC), is part of Eaton’s Fluid Power Group. Nash replaces Brian Krysiak, who is retiring this month. Nash will report to Craig Arnold, Eaton senior vice president and president - Fluid Power Group, and to Carl Malz, president and chief operating officer, INOAC USA.


"We're very pleased to have Steve in this role,” said Arnold. "His prior Eaton assignments and automotive industry experience have prepared him well for this position. We look forward to Steve’s leadership as we execute our strategic growth and operational objectives for EIC."

Nash joined Eaton in 2002 as director, New Business Ventures for the Fluid Power Group. Previously, he held a variety of sales, marketing and business unit leadership positions in the automotive industry, including General Motors and Collins & Aikman Automotive Interior Systems. Most recently, he was director, Strategic Pricing, for the Fluid Power Group. Nash holds a master’s of business administration from the Amos Tuck School at Dartmouth College and a bachelor’s degree in Mechanical Engineering from the former General Motors Institute, now Kettering University.

INOAC CORPORATION is a privately held diversified global technology manufacturer headquartered in Tokyo, Japan, with 62 operations in 25 countries. INOAC is a leader in polyurethane and technical foams, rubber, elastomer materials and processing technologies used in the automotive, industrial, consumer, information and telecommunications industries. For information, visit www.inoac.co.jp.

Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel

economy and safety. Eaton has 61,000 employees and sells products to customers in more than 125 countries.

Contact: Kelly Blazek
(216) 523-5150
kellyblazek@eaton.com