Dana Announces Availability of SmartWave^® TPMS

KALAMAZOO, Mich. … Dana Corporation’s Commercial Vehicle Systems group announced today that its SmartWave^® TPMS tire pressure monitoring system is now available for retrofit installation on a variety of commercial truck models through original equipment dealerships.

Dana’s SmartWave TPMS is a real-time electronic system that actively and accurately measures the air pressure and temperature for each tire on a vehicle. The system transmits data wirelessly to a receiver mounted on the vehicle, and displays the information in the cab. SmartWave TPMS simplifies and automates the tire maintenance process resulting in an overall reduction of fleet operating costs. Whether it’s alerting the driver to a specific under-inflated tire, or providing the fleet maintenance staff with the capability to quickly and accurately measure tire pressure, SmartWave TPMS is an invaluable tool for fleets. Suitable for all wheel and tire types, SmartWave TPMS can be installed at any point in the vehicle’s life.

SmartWave TPMS is the latest product offering in Dana’s extensive portfolio of tire pressure management solutions and provides a platform for future sensing capabilities that will give fleet managers the ability to receive real-time, off-vehicle information from a host of additional vehicle functions.

“SmartWave TPMS is simple to install and will reduce two top operating expenses for fleets – fuel and tires. Easily accessible tire pressure data will provide fleets the opportunity to maximize both fuel economy and tire life by maintaining proper tire pressure,” said Jon Intagliata, product manager for Dana. “The SmartWave TPMS system can also communicate to off-board communications systems utilizing the J1939 data link, allowing fleets to capture important real-time pressure and temperature data to provide proactive maintenance and help eliminate costly roadside tire failures.” SmartWave TPMS was developed in collaboration with SmarTire Systems Inc.

Initial configurations available include the following chassis arrangements:

• 4 X 2 with standard dual tires

• 6 X 4 with wide based tires

• 6 X 4 with standard dual tires

For more information on Dana’s tire management systems and other Roadranger products and services, visit the Internet at http://www.roadranger.com, or write to Roadranger Marketing, P.O. Box 4013, Kalamazoo, MI 49003. To reach Roadranger customer service right now, dial 1-800-826-HELP (4357) in the U.S. and Canada. In Mexico, dial 01-800-826-4357.

The Roadranger^® solution is an unbeatable combination of the best drivetrain, hybrid power, safety, and fleet management product solutions from Dana Corporation and Eaton Corporation, providing more time on the road. It's all backed by the Roadranger team - the most experienced, expert, and accessible drivetrain consultants in the business.

Dana’s Commercial Vehicle Systems group, part of the Heavy Vehicle Technologies and Systems Group, designs, manufacturers, and markets front-steer and rear-drive axles; driveshafts; steering shafts; suspensions; and related systems, modules, and services for the commercial vehicle market. Major components and modules are marketed under the Spicer^® brand name. Dana’s strategic marketing alliance with Eaton Corporation’s Truck Components group provides innovative drivetrain systems under the Roadranger^® brand name.

Dana is a world leader in the supply of axles; driveshafts; and structural, sealing, and thermal-management products; as well as genuine service parts. The company’s customer base includes virtually every major vehicle and engine manufacturer in the global automotive, commercial vehicle, and off-highway markets, which collectively produce more than 65 million vehicles annually. Based in Toledo, Ohio, the company’s continuing operations employed approximately 35,000 people in 28 countries and reported 2006 sales of $8.5 billion, with more than half of this revenue derived from outside the United States. For more information, please visit www.dana.com.

Dana and certain of our U.S. subsidiaries are operating under Chapter 11 of the U.S. Bankruptcy Code as debtors-in-possession. Information about the bankruptcy proceedings can be found at: http://www.dana.com/reorganization. While we continue our reorganization under Chapter 11, investments in our securities will be highly speculative. Although shares of our common stock continue to trade on the Over the Counter Bulletin Board (OTCBB) under the symbol "DCNAQ," the trading prices of the shares may have little or no relationship to the actual recovery, if any, by the holders under any eventual court-approved reorganization plan. The opportunity for any recovery by holders of our common stock under such reorganization plan is uncertain and shares of our common stock may be cancelled without any compensation pursuant to such plan.

SmartWave^® is a trademark of SmarTire Systems Inc.

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