DIAS Holding, Inc.(fka DSHL)

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Detroit International Auto Salon and Wuhan International Auto Show Pen Cross-Promotional Agreement - Opens Door for Automotive Suppliers in Hubei Province and Wayne County (Detroit), Michigan
Tuesday September 23, 8:00 am ET


ALLEN PARK, MI--(MARKET WIRE)--Sep 23, 2008 -- DIAS Holding, Inc. (OTC BB:DSHL.OB - News)
The Detroit International Auto Salon (DIAS), a subsidiary of DIAS Holding, Inc. announced today that Hubei Provincial Mechanical and Automotive Promotion Center (HPMAPC), the promoter of the Wuhan International Auto Show (WIAS), has signed an exclusive strategic cooperation agreement with DIAS. Mr. Zhang Shu-xun, the director of HPMAPC, said, "We are pleased and excited to partner with DIAS, since this is a win-win situation and will be beneficial to all the related parties, especially the Hubei provincial automotive industry. We look forward to seeing our success in the near future."

The strategic agreement facilitates the exhibitors and visitors of both DIAS and WIAS to access information, promote, and connect to each other's clientele, as well as establish a presence with participation in their counterpart's shows, activities, and special events. Located in Wayne County, Michigan, the DIAS year-round exhibition facility is in the center of the Detroit automotive capital. WIAS is located in the Yangtze River port city of Wuhan and the growing industrial province of Hubei. According to sources in China, Hubei is one of the dozen top automotive manufacturing bases in China, home to Dongfeng Motors and an important center for the production of auto parts. The automotive industry in Hubei contributes approximately 12% of the province's total industrial output value. "This agreement culminates the effort by both DIAS and WIAS management since January of this year," said Mr. Eric Huang, Chairman and CEO of DIAS Holding, Inc. "Through the DIAS-WIAS partnership, US automotive suppliers have a unique opportunity to cost-effectively show their wares year-round in one of the major automotive centers in China."

"Through our partnership with DIAS, we can build up a good bridge to connect the USA and China's automotive industries. And through this bridge, we can foresee more business and trade that will happen between the USA and China," summarized Mr. Liu Qian-gui, vice director of HPMAPC.

http://biz.yahoo.com/iw/080923/0436333.html