Cadence Innovation, LLC.

Cadence Innovation Names Vice President Of Lean Systems

webmaster@cadenceinnovation.com — Wed, 24 May 2006 04:00:00 -0400

STERLING HEIGHTS, MI, May 24, 2006- Cadence Innovation LLC, a leading Tier One supplier of automotive interior and exterior components, today announced the appointment of Gary S. Banker, as Vice President of Lean Systems. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

"Gary brings expertise and proven experience in areas that are critical to Cadence Innovation's success," Mosingo said. "Lean is our guiding philosophy, which Gary helps us accomplish by working smarter not harder. With 24 years of broad industry experience, he brings an operating discipline that is unmatched. He has personally mentored numerous executives in continuous improvement methodology and is recognized as an authority in the implementation of lean thinking."

Previous to accepting his position at Cadence Innovation, Banker was Vice President of Continuous Improvement at Collins & Aikman's Automotive Trim Division where he led a number of continuous improvement activities ranging from Lean Manufacturing to Business Process Improvement to Quality Operating Systems. Prior to his work at Collins & Aikman, Banker was the Director of Continuous Improvement at Textron's Fastener Division in charge of guiding the division's global lean journey. In a three year period, he played a lead role in placing six plants in Industry Week magazine's "Top 10 Plants in America". Banker also held quality and supply chain management positions at Auto Alliance International and Eastman Kodak Company.

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 27 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world.

Cadence Innovation Names New Senior Vice President Of Global Human Resources

webmaster@cadenceinnovation.com — Wed, 17 May 2006 04:00:00 -0400

STERLING HEIGHTS, MI, May 17, 2006- Cadence Innovation LLC a Tier One supplier of automotive interior and exterior components, today announced the appointment of Ronda B. Coogan, as Senior Vice President of Global Human Resources. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

"Ronda has always played a key role in setting the right company culture and I am looking forward to her doing the same here at Cadence Innovation. She creates a high energy, team orientated culture which is key to attracting the best-in-class personnel where the employees are the most important key ingredient to our success." Mosingo, said.

Coogan joins Cadence Innovation from ASC Incorporated, American Specialty Cars, where she served as the Vice President of Human Resources managing functions including benefits, training and development, organization design, labor relations, compensation, compliance and talent management.

"Ronda has had great success in affecting change across the company by working the fundamental building blocks first, such as the establishment of corporate values and communication standards, and moving all the way up to higher level dimensions such as management development, talent management and strategic planning." Mosingo, also a former ASC COO said. "She successfully standardized the human resources processes and management practices, carefully designed and implemented an annual performance review process, establishing a training function and the developed processes to identify high potentials and key contributors as a tool for future succession planning."

Before joining ASC, Coogan was an HR manager at HUSKY Injection Molding Systems. Among her recruitment and hiring assignments at HUSKY, Ronda successfully set up the HR people systems at a new technical operations and increased performance management.

Ronda is a graduate of Western Michigan University with a Bachelors of Science degree.

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 26 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world.

Cadence Innovation Names New Vp And General Manager Of The Ford Business Unit

webmaster@cadenceinnovation.com — Wed, 14 Jun 2006 04:00:00 -0400

TROY, MI, June 14, 2006 - Cadence Innovation LLC, a leading Tier One supplier of automotive interior and exterior components, today announced the appointment of Brian Berlenbach, as Vice President and General Manger, for the Ford Business Unit. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

"Brian has a track record of success and a management approach that consistently brings out the best of each individual. He fosters a team environment that is exceptional," said Mosingo. "Brian's teams are known for their ability to anticipate customer needs, and provide practical solutions and flawless launches of new OEM programs. "Brian's leadership will help make Cadence Innovation an even better partner with Ford."

From 2002 to 2004, Berlenbach served as Vice President of Advanced Sales and Marketing for Ford Motor Company, at Collins & Aikman. His responsibilities included liaison and development of new business for Ford Motor Company and Auto Alliance for North American Operations. At Collins & Aikman, Berlenbach was involved in obtaining key contracts for incremental business on multiple programs for Ford and the Auto Alliance.

Prior to Collins & Aikman, Berlenbach held several executive positions at Textron Automotive from 1998 to 2002. He was Vice President of Sales and Marketing for the Intellimold division where he also oversaw business and product development, the establishment of pricing policies and sales terms and program management. From 1998 to 2001 he was responsible for liaison activities with Ford, Visteon, Auto Alliance and Mazda in North America, Europe, Taiwan and Japan.

Prior to Textron Automotive, Berlenbach held a variety of management positions at Plastech, Becker Group international, Frank W. Lynch & Company, Paramount Fabricating/Sheller Globe and B & M Industries.

Berlenbach holds a Bachelor of Science degree from Michigan State University. He is currently an active member of the Society of Automotive Engineers.

Cadence Innovation Names New Vp And Gm Of The Daimlerchrysler Business Unit

webmaster@cadenceinnovation.com — Wed, 07 Jun 2006 04:00:00 -0400

STERLING HEIGHTS, MI, June 7, 2006 - Cadence Innovation LLC, a leading Tier One supplier of automotive interior and exterior components, today announced the appointment of Kenneth D. Heiney, as Vice President and General Manger of the DaimlerChrysler Business Unit. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

"Ken is a natural choice to lead our DaimlerChrysler relationship," Mosingo said. "He worked extensively with Chrysler and knows the people, their processes and their supplier expectations. He'll be an asset to both Cadence Innovation and DaimlerChrysler by keeping our business on track and strengthening our relationship."

From January 2002 to March 2005, Heiney served as the Senior Vice President of Sales and Marketing on the DaimlerChrysler business at Collins & Aikman managing over a billion dollars in automotive sales and played a leading role in Collins & Aikman's program management activities. Heiney also managed the integration of the Textron Automotive DaimlerChrysler business plan with the Collins & Aikman composite strategy.

From 1977 through 2001, Heiney held a series of management positions at Textron, the last as Senior Vice President of DaimlerChrysler Sales and Marketing, where his responsibilities included the development, management and implementation of the long term business strategy and key business campaigns for growth in targeted categories. Prior to that while at Textron he also served as Vice President of Chrysler Worldwide, where he was responsible for supplier relationships and strategy implementation, and Product Director of Instrument Panel Systems and Consoles.

Heiney holds a Bachelor of Business Administration degree in Production Management from the University of Toledo and a Masters of Business Administration from Wayne State University.

Cadence Innovation Honored By General Motors As A 2006 Supplier Of The Year

webmaster@cadenceinnovation.com — Tue, 03 Apr 2007 11:30:40 -0400

TROY, Mich., April 3, 2007 - Cadence Innovation LLC ("Cadence" or "the Company") announced today it was presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class parts and services. The 15th annual award - themed the "Best of the Best" -- was given during ceremonies Saturday, March 31 at the JW Marriott Orlando Grande Lakes in Orlando, Fla.

"We are proud to honor Cadence Innovation as one of the 'Best of the Best' GM suppliers in 2006," said Bo Andersson, GM Group Vice President, Global Purchasing and Supply Chain. "Cadence has achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM."

"We very much appreciate our business relationship with General Motors and are honored to be named Supplier of the Year. Our commitment is to continue to earn their confidence by providing state-of-the-art products on time and to exceed their expectations in everything we do for them," said Jerry Mosingo, President and Chief Executive Officer, Cadence Innovation.

"Our design, engineering, and program management capabilities, clearly give General Motors the confidence that we can deliver and partner with them to establish new benchmarks across the industry. We are particularly proud of what we have accomplished with new GM programs and look forward to exceeding those achievements in the future," said Mosingo.

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price.

Cadence Innovation is an automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in five areas - instrument panels/interior trim/cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 4,200 employees at 17 facilities in the United States, Hungary and the Czech Republic and supplies its products to automotive manufacturers around the world.

Cadence Innovation Names Senior Vice President Of North American Manufacturing

webmaster@cadenceinnovation.com — Tue, 02 May 2006 04:00:00 -0400

STERLING HEIGHTS, MI, May 2, 2006 - Cadence Innovation LLC, a leading Tier One supplier of automotive interior and exterior components, today announced the appointment of Eric J. White, as Senior Vice President of North American Manufacturing. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

"I have a great deal of respect for Eric and a great deal of enthusiasm for the strengths I know he brings to our team," Mosingo said. "Eric's management expertise is unmatched in the automotive plastics circle, proven by having more plants in the "Industry Week Top 10" manufacturing survey than anyone else."

Most recently, White was President of the Collins & Aikman U.S. and Mexico plastics division with overall responsibility for management of the $1.4 billion Tier One division. He managed 25 manufacturing facilities and over 7,500 employees and spearheaded the development of a state-of-the-art greenfield operation in Mexico. Previously he held a variety of executive positions at Textron Automotive and Davidson Rubber Company. White's focus is on flawless launches and integration of the manufacturing function throughout the program management process. His career achievements include leadership in the areas of TPS (Toyota Production System) and one-piece flow, and he has received several awards for production and quality from the leading OEMs.

"Eric has embraced the lean manufacturing system for many years and is known for creating 'cost aware' plants that understand the efficiencies of all operating activities. He is an exceptional communicator who leads with honor and integrity, Mosin"go said.

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 26 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world.

Cadence Innovation Names Senior Vp And Cpo Of Global Supply Chain Management

webmaster@cadenceinnovation.com — Tue, 02 May 2006 04:00:00 -0400

STERLING HEIGHTS, MI, May 02, 2006 - Cadence Innovation LLC, a leading Tier One supplier of automotive interior and exterior components, today announced the appointment of Scott F. Warren, as Senior Vice President and Chief Procurement Officer of Global Supply Chain Management. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

"Scott brings expertise and proven experience in areas that are critical to Cadence Innovation's success," Mosingo said. "Maximizing the capabilities and potential of our supply chain will assure that we capitalize on our own value as a key supplier to our customers. Scott is known by our customers and suppliers alike as a supply chain thought leader and has been a driving force in evolving many creative concepts in the automotive supply chain community."

Beginning his career at Davidson Rubber Company, Scott has held a variety of positions over the years including VP of Global Purchasing and Chief Procurement Officer for Textron Automotive. He also worked with a variety of business segments coordinating strategic sourcing while working as a Textron Corporate Director of Enterprise Excellence. Most recently Scott was with Siegel Robert, where he was the Vice President of Supply Chain Management and Corporate CIO with responsibilities including IT, purchasing, material, freight and logistics, and real estate.

Warren's extensive background includes over thirty years of automotive experience ranging from engineering to program management to purchasing and supply chain management. His principal focus on strategic sourcing and cost reduction illustrate his commitment to supporting business growth from the supply chain perspective. Warren has been a board member of the Michigan Minority Business Development Council in the past, working to promote supplier diversity in the automotive industry.

Cadence Innovation Hillsdale Plant Wins Coveted Ford Q1 Award

webmaster@cadenceinnovation.com — Thu, 13 Apr 2006 04:00:00 -0400

Hillsdale, MI., April 13, 2006 -- The Cadence Innovation exterior manufacturing plant in Hillsdale, Michigan has been awarded Ford Motor Company's coveted Q1 award for outstanding quality performance. Q1 is the quality standard which defines system and performance levels required for any company to be to be awarded for business by Ford business.

The Cadence Innovation Hillsdale team exceeded Ford's required Q1 score by 25 percent. "We're proud of the work we do for Ford and all of our other customers," said Eric White, Cadence Innovation Senior Vice President of North American Manufacturing. "This award is a verification demonstration of the care we put into every job we produceour collective efforts day in and day out. We'll fly that Q1 flag very, very proudly."

Criteria for winning the Ford Q1 award includes registration to ISO 14001 and QS-9000 standards, on-site evaluation and assessment, signed endorsements by plant customers and several other requirements.

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 276 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world. The Hillsdale plant employs 50 people and manufactures Grille Opening Reinforcements for Ford's Econoline, Lincoln LS, Expedition, and Navigator models.

We Are Ready

webmaster@cadenceinnovation.com — Thu, 10 Nov 2005 06:00:00 -0400

Cadence means in-synch teamwork, the pace and rhythm required to accomplish our goals. It's about creating a calculated, measured response. Innovation means coming up with creative, unique solutions to challenging problems.

That's who we are.

We are a new company, a team of people with a track record of success-delivering high-value, innovative products to our customers around the world.

Now, we will build on that success. We can, because we have established, unique capabilities in advanced design and engineering, systems integration, lean manufacturing, assembly, sequencing and error-proofing. And we have financial stability.

We will succeed because of our people, our teamwork, and our commitment to responsible management. Working together to achieve well-understood, carefully planned objectives is a way of life here. People take personal pride in, and ownership of, the outcome of their work. The result is, our customers win, because our products and services make them more competitive in a very tough industry.

These are challenging times. Succeeding and growing will take hard work and some difficult decisions. But we have all the elements in place that allow us to make the right calls.

We relish the challenges ahead, and we are ready to meet them in stride.

Jerry L. Mosingo CEO Cadence Innovation LLC

New Venture Holdings Announces New Name: Cadence Innovation

webmaster@cadenceinnovation.com — Thu, 10 Nov 2005 06:00:00 -0400

Sterling Heights, MI, November 10, 2005 -- New Venture Holdings, LLC, a billion dollar Sterling Heights-based automotive supply company, announced today that it is changing its corporate name to Cadence Innovation.

"We're changing our name to clearly identify ourselves as a new and different company with new ownership and management. At the same time, we are discontinuing the names New Venture Holdings and the former Venture Industries," said Jerry L. Mosingo, Cadence Innovation CEO. All operations around the world, including Peguform France and Peguform Bohemia, will be renamed Cadence Innovation.

The new company began operations in May of this year. Since that time, it has been forming a new management team and creating a long-term strategic plan. The new name reflects the new plans and a new culture. Cadence speaks to the importance of teamwork, pace and rhythm in the pursuit of any goal. Innovation is about coming up with creative, unique solutions to challenging problems, not just product development.

"At a time when there's not a lot of good news in the auto industry, we think we represent the kind of positive things that can happen around what may be a tough business but is still the greatest industry in the world," Mosingo said.

Cadence Innovation is a new company and a new management team with a proven track record of success. "Automotive manufacturers see the need for a company like ours that can efficiently provide technologies and manufacturing solutions," Mosingo said. "We can do that and we think the Cadence Innovation name help people to see us and think about us as the new company we have become. Early indications confirm this. We have hundreds of millions of dollars in quoted business right now, a level of activity I have never seen in this industry."

The Cadence Innovation name takes effect immediately and will be phased in across all communications over the next 6 months.

Cadence Innovation is a $1 billion automotive supplier offering innovative design, engineering, manufacturing, assembly / sequencing solutions for interior and exterior components, systems and modules in four areas -- instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 26 facilities in the United States, France and the Czech Republic and supplies most of its automotive components and modules to DaimlerChrysler, Ford and General Motors in North America and Toyota, Nissan, Renault, PSA Peugeot Citroen, VW, Audi, Skoda, Isuzu and Suzuki in Europe.

Cadence Innovation Launches New Growth Strategy And Signs Jeffries & Co.

webmaster@cadenceinnovation.com — Thu, 09 Feb 2006 05:00:00 -0400

Sterling Heights, MI., February 9, 2006 -- Cadence Innovation, a billion dollar Sterling Heights-based automotive supplier, has retained Jefferies & Company, Inc., a global investment bank and institutional securities firm, headquartered in New York, to act as growth and expansion advisors. As Cadence Innovation pursues its growth strategy, Jefferies will identify and evaluate merger and acquisition opportunities and, if necessary, assist Cadence Innovation in the raising of additional capital.

"Our strategic plan includes aggressive goals that will be achieved through a combination of organic and acquisitive growth. The current environment, particularly the consolidating supply base in the automotive supply sector, provides an increasing number of growth opportunities" said Jerry L. Mosingo, President and Chief Executive Officer of Cadence Innovation.

"Our business continues to be strong, and we want to be poised to pursue any opportunities through the unique combination of our current owners, management team and Jefferies. If that means we need to acquire other businesses or facilities, the Jefferies relationship will enable us to be ready to move quickly to meet the growth needs of current and prospective customers", Mosingo said.

Cadence Innovation offers design, engineering, manufacturing, assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 24 facilities in the U.S., France and the Czech Republic and supplies its automotive components and modules to auto manufacturers globally.

Cadence Innovation New Technology For Baja Marine

webmaster@cadenceinnovation.com — Mon, 24 Apr 2006 04:00:00 -0400

Bucyrus, Ohio (April 21, 2006) - Cadence Innovation LLC, a leading Tier One supplier of interior and exterior automotive components, systems and modules, announced today that it will utilize its patented

"Sandwiform" technology to supply the unique "Bow Lounger" seat for the Baja 405 Performance, the flagship of Baja Marine's Performance line.

Sandwiform is a fiber-reinforced, all-thermoplastic honeycomb composite system that is 70 percent lighter than the materials it replaces. The remarkable strength-to-weight ratio provides a rigid assembly to help enhance the performance of the boat. The Sandwiform system is a cost-effective solution that reduces expenditure by 50 percent over the life of the product and can be manufactured in a fraction of the time - two minutes versus five hours! "Our products have been used in automobile, heavy truck, golf cart and agricultural industry assemblies for years," said Jerry L. Mosingo, president and chief executive officer of Cadence Innovation. "Sandwiform provides innovation and advantages in products being built everyday. Decorative and structurally sound, it offers the aesthetic values of improved fit, form and function. It is also water-resistant and 100 percent recyclable."

The new "Bow Lounger" seat will replace the traditional structural foam polymer-based panels in the bow of the Baja 405 Performance. The Sandwiform seat, a hybrid honeycomb sandwich composite laminate, can be molded with one or both sides finished with carpet, fabrics or decorative films.

"Baja is consistently at the forefront of technology," says Bill Regan, Baja's vice president of operations. "Incorporating a revolutionary, weight-saving material like Sandwiform into the 405 is yet another way we're working on creating even faster boats with a sleeker aesthetic."

With the success of the Bow Lounger, future uses of the Sandwiform technology in boats could include cabin roof liners and side panels replacing plywood with Sandwiform for greater strength and durability. Molding the Sandwiform panels in 3-D shapes allows boat manufacturers to reinforce decorative panels used for complex shapes such as the helm doors. The weight savings and water resistance make Sandwiform an ideal option for use in the marine industry. www.bajamarine.com

Cadence Innovation Malyn Plant Wins Coveted Ts 16949 Award

webmaster@cadenceinnovation.com — Mon, 17 Jul 2006 04:00:00 -0400

Troy, MI July 14, 2006---Cadence Innovation LLC today announced that its Malyn plant, located in Fraser, Michigan, has received the coveted TS 16949 quality certification for manufacturing excellence from the International Standards Organization.

"With Malyn's production of interior hard trim for the Hummer H2 and Chevrolet Malibu Sedan and Malibu Maxx, this new level of quality validation makes us among the top competitive producers in the automotive industry for both OEM and Tier Ones, "said Kirk Aubry, Chief Operating Officer at Cadence Innovation.

Don Dmytryszn, General Manager of the Malyn plant noted, "This certification reinforces our focus on quality systems and could not have been accomplished without the resolute team effort of the plant staff." The Malyn facility is the first to use Cadence's 90 day accelerated certification process. Malyn was the first plant of it's size that made it through the registration audit without any non-conformance.

TS 16949 is the current version of the standard that was developed for the automotive industry. It contains all of the requirements of ISO 9001:2000 plus several additional requirements.

Registration to ISO/TS 16949 is a requirement for any company wanting to supply its products to the automotive industry. Companies registered to this technical specification are required to develop their suppliers and develop their quality management systems with the goal of the supplier conforming to ISO/TS 16949.

This award was preceded by the Hillsdale plant receiving the coveted Q1 award from Ford Motor Company for outstanding quality performance earlier this quarter. "At Cadence Innovation quality is paramount," said Eric White, Cadence Innovation Senior Vice President of North American Manufacturing. "These two awards are official recognition of our commitment and dedication to continuous process improvement."

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 24 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world.

Cadence Innovation Honored By General Motors At North American International Auto Show

webmaster@cadenceinnovation.com — Mon, 15 Jan 2007 05:00:00 -0400

TROY, Mich., January 12, 2007 - Cadence Innovation was honored by General Motors for overall excellence in supporting GM's product efforts during ceremonies Thursday, Jan. 11, at the North American International Auto Show in Detroit, Mich."

GM strives to build the best cars and trucks in the world, and the leadership and employees of Cadence Innovation represent what it takes to make GM's products successful," said Bo Andersson, GM Vice President, Global Purchasing and Supply Chain. "We honor these companies at the North American International Auto Show to remind the industry and the public of the critical role our suppliers play in developing GM vehicles globally."

"Our design & engineering capabilities combined with our track record of flawless launches, clearly gives General Motors the confidence that we can deliver the kind of world-class product that they demand. We look forward to making our contribution and appreciate the role we play in assisting GM achieve these new quality and reliability benchmarks," said Jerry L. Mosingo , President and Chief Executive Officer. "We are honored by the recognition from General Motors. Our commitment is to continue to earn their confidence by providing state-of-the-art products on time and to exceed their expectations in everything we do for them", said Mosingo.

This is the sixth year GM has honored suppliers at the North American International Auto Show. The supplier awards recognize a suppliers' performance in quality, cost and delivery, as well as contributions to production and concept vehicles GM unveils at the NAIAS.

Cadence Innovation is a $650 million automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels, interior trim and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 4,200 employees at 17 facilities in the United States, Hungary and the Czech Republic and supplies its products to automotive manufacturers around the world.

Cadence Innovation Names New General Counsel

webmaster@cadenceinnovation.com — Mon, 13 Mar 2006 05:00:00 -0400

STERLING HEIGHTS, MI, March 13, 2006 - The appointment of Stuart H. Kupinsky as General Counsel at Cadence Innovation, LLC was announced here today by Jerry L. Mosingo, President and Chief Executive Officer.

Following his tenure as an associate at Finnegan, Henderson, Farabow, Garrett & Dunner in Washington D.C., Stuart spent three years addressing antitrust and regulatory issues for the Federal Communications Commission and the United States Department of Justice, including the implementation of the Telecommunications Act of 1996 and the investigation of substantial corporate mergers.

After joining Teligent, Inc. in 1997 and ultimately being named its General Counsel, Corporate Secretary and Senior Vice President, Stuart was responsible for overseeing the company's legal and restructuring processes, and was eventually elected to the company's board of directors.

Following Teligent, Inc, Stuart was named General Counsel, Executive Vice President and Corporate Secretary for Exide Technologies, a $2.7 billion public manufacturing company operating in 89 countries. At Exide, Kupinsky's executive responsibilities included managing the legal aspects of the company's restructuring and emergence from Chapter 11, substantial litigation, intellectual property, government and commercial contracting, M&A and joint ventures. "Stuart's distinguished accomplishments not only highlight his extensive, and relevant experience, but set him apart from others in his field," Mosingo said.

Stuart received a Juris Doctorate with Honors from George Washington University Law School in l992. He was a member of the George Washington Law Review, and following law school, clerked on the United States Court of Appeals for the Federal Circuit. He also holds a Bachelor of Science in Electrical Engineering from Lehigh University. Stuart is a member of the Maryland and Washington, D.C. bars.

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 26 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world.

Cadence Innovation Announces New Headquarters Location

webmaster@cadenceinnovation.com — Mon, 08 May 2006 04:00:00 -0400

Sterling Heights, MI., May 8, 2006 - Cadence Innovation, a leading Tier One supplier of interior and exterior automotive components, modules and systems announced today that it is moving into a new headquarters location in Troy, Michigan.

Effective May 8th, 2006, the Cadence Innovation team will be located at 977 East 14 Mile Road, Troy, MI 48084 (Telephone Switchboard - 1.248.457.4400). In addition to the headquarters staff and operations, many local satellite locations and personnel will be consolidated at the new headquarters in Troy.

This facility embodies the "Lean Systems" operating approach in place at Cadence Innovation. "The decision to make the move was very straight forward and obvious given the out-right cost savings and related operating efficiencies" said Jerry L. Mosingo, President and Chief Executive Officer. The new facility is much larger, newer and significantly more cost effective than our previous collection of buildings.

With over 172,000 square feet, there is ample room to build upon our existing capabilities. This new environment will allow us to better meet the needs of our customers and deliver innovation to the market place. "Our new HQ building is equipped with state-of-the-art furnishing, the latest web access, technology, and a new design center. Most of all, it is a very unique layout and environment that will be key to developing a more creative and efficient culture at Cadence Innovation" said Ronda Coogan, Senior Vice President, Global Human Resources who led the project team that managed the site development and move process.

Cadence will conduct a grand opening for the media community and customers in the near future.

Cadence Innovation is a $1 billion automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - instrument panels and cockpits, painted exteriors (including modules), doors/door modules and cargo management systems. The company has over 6,000 employees in 26 facilities in the United States, France and the Czech Republic and supplies its components and modules to automotive manufacturers around the world.

Cadence Innovation Expands Manufacturing Footprint To Esztergom, Hungary

webmaster@cadenceinnovation.com — Fri, 08 Jun 2007 16:57:24 -0400

Esztergom, Hungary, 8th June 2007 - Cadence Innovation conducted a grand opening ceremony today commemorating the official start of production at its newest manufacturing plant. This investment was made to supply an additional Japanese automaker in the region - Magyar Suzuki Corporation Ltd. Operating under the name Plastimat, the plant is managed through a joint venture between Cadence Innovation (74% ownership) and Sumitomo Corporation Group (26% ownership). Plastimat is the sole supplier of door panels across four (4) vehicles - the Suzuki Swift, Suzuki Swift Sport, Suzuki SX4 and the Fiat Sedici. The facility's production capacity is 1.2 Million door panels (per annum). Located in the Esztergom supplier park, the door panels are delivered directly to the Suzuki assembly plant via SILS by Summit D&V (a Sumitomo Corporation Group Company). This investment is the first in a series which are driven by the Cadence growth plan. "Our strategy is to methodically pursue expansion of our manufacturing footprint in key growth regions such as Eastern Europe," said Jerry L. Mosingo, President and Chief Executive Officer, Cadence Innovation LLC. "We are very proud of the Cadence team that manages the Plastimat joint venture and the development of this new site. This is a green field plant that began construction in March of 2006 and quickly started manufacturing operations in November of the same year," said Pavel Neuman, President, Cadence Innovation k.s. "This year, we will install a new back-injection technology as well as laser cutting equipment for door panel production in this plant that will support Suzuki's successor platform which is scheduled for launch in the 4th quarter of 2007," said Neuman.

Cadence Innovation
Cadence Innovation is a $650 million automotive supplier offering design, engineering, manufacturing, and assembly/sequencing solutions for interior and exterior components, systems and modules in four areas - interior trim including instrument panels, consoles and complete cockpits, exterior trim including painted bumpers/fascia, rear closure modules and radiator grills, door panels/modules and cargo management systems. Operating in six countries, the company has over 4,200 employees at 17 facilities and supplies its products to automotive manufacturers around the world. Cadence Innovation k.s., established in 1946, operates three manufacturing plants and a tool shop in the Czech Republic. The plants are in Liberec, Nymburk and Liban. European headquarters, as well as the research and development center, are located in Liberec.

Sumitomo Corporation
The company was established in 1919. It is a leading integrated trading company with its headquarters in Japan, having more than 50,000 employees in more than 140 offices and 875 subsidiaries and associated companies worldwide. In the automotive business, Sumitomo Corporation combines various services: supply production facilities, materials and components to car manufacturers, export cars from Japan, import and distribute cars in foreign markets, providing financing services. Summit D&V is one of Sumitomo Corporation subsidiaries providing logistics and assembly services to car manufacturers.

Cadence Innovation May Exit French Market

webmaster@cadenceinnovation.com — Fri, 02 Jun 2006 04:00:00 -0400

TROY, Mich., June 2, 2006-Cadence Innovation LLC ("Cadence" or "the Company") announced today that it has been exploring strategic alternatives with regard to its indirect French subsidiary, in order to focus on its existing U.S. and Eastern European operations, as well as other markets currently contemplated. Cadence gained ownership of the French subsidiary in May 2005 when it acquired that subsidiary's parent corporation in the Czech Republic. The Company has been evaluating the French operations - which have been operating subject to a court approved Plan of Continuation since a French bankruptcy filing in 2003 - for the past year.

"In order to compete effectively, the French subsidiary would require an infusion of capital that, today, we are not necessarily prepared to make," said Cadence Innovation President and Chief Executive Officer, Jerry L. Mosingo.

"We constantly assess all operations to ensure we have the optimal mix of the best products, and best processes all in the right places. We are committed to being an effective, efficient, and focused organization. The Cadence value proposition is resonating with key OEM customers. We have been awarded in excess of $100 million in new business in the U.S. and Czech Republic since the new company was formed last year," said Mosingo.

Cadence's French subsidiary is an independent business entity and has limited relationships with the ultimate U.S. parent other than the ownership interest. The French manufacturing operations include four plants located in Noeux-Les-Mines, Pouance, Burnhaupt-Le-Haut, Vernon St. Marcel.

Cadence Innovation Names Vice President Of Marketing, Communication And Strategy

webmaster@cadenceinnovation.com — Fri, 02 Jun 2006 04:00:00 -0400

STERLING HEIGHTS, MI, June 1st, 2006- Cadence Innovation LLC, a leading Tier One supplier of automotive interior and exterior components, today announced the appointment of Russell T. Chick as Vice President of Marketing, Communication and Strategy. The announcement was made by Jerry L. Mosingo, President and Chief Executive Officer.

Chick was Director of Consumer Marketing for North America at Hewlett-Packard Company from 2000 to 2005. His responsibilities at HP encompassed the management of all elements of consumer marketing and brand management. At HP he led the initiative to better leverage portfolio assets and separately the successful repositioning of the Hewlett Packard brand. He also created a proprietary method of quantifying the most persuasive product communications brand positioning.

Prior to his work at Hewlett-Packard, Chick held executive positions at Textron Automotive Company where he successfully developed and implemented a worldwide marketing plan. Chick also held management positions at the Penske Corporation, J. Walter Thompson USA, Yokohama Tire Corporation and DDB Needham Worldwide.

"Russell's strong background in marketing and management across multiple industries is a tremendous asset in helping us to grow Cadence Innovation and successfully market the company to the automotive community," said Mosingo. "His creative approach to our communications will help leverage our strengths and set Cadence Innovation apart from our competition."