Dana Announces Availability of SmartWave^® TPMS at International Truck Dealers

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 through International Truck 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 – helping to provide fleets and users with improved fuel economy through properly inflated tires. The system transmits data wirelessly to a receiver mounted on the vehicle, and displays the information in the cab. 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.

“Dana’s SmartWave TPMS enables fleets and users to reduce fuel and tire costs by maintaining proper tire pressure, and the system is simple to install,” said Randy Jarvis, general sales manager – OES for Dana. “Dana is very pleased to offer this cost-saving system through International Truck dealers.” 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

More information on Dana’s tire management systems and other Roadranger products and solutions is available at roadranger.com. 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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