Newsroom:UST Global Press Releases

UST Global signs five-year contract with Dana for e-Business Application Development and Support Services

ALISO VIEJO, Calif. - July 17, 2008 - UST Global^®, a leading provider of IT services and solutions for Global 1000 enterprises, announced today that it has entered into a five- year contract with Dana Holding Corporation (NYSE: DAN) to provide e-business application development and support services leveraging a global delivery model on its .NET and Java-based platforms. The UST global development center solution will help to drive increased operational efficiencies and lower total cost of ownership for Dana’s enterprise-wide, e-business applications.

"Dana had been seeking to move to a global sourcing and delivery model in order to lower its operating costs, while also providing shorter time-to-market for its e-business applications. In addition, it needed a stable resource support structure to provide a global delivery framework that could quickly ramp-up, when needed, to handle emerging e-business development requirements," said Bill Umberger, director of IT Corporate Services for Dana Holding Corporation.

Through this process, Dana sought a supplier that would not only meet its e-business objectives, but provide a strong cultural fit as well. While several IT services and offshore providers were evaluated, UST clearly differentiated itself with the e-business development requirements as a result of its strong reputation, fit, flexibility, and commitment to outstanding customer service, the company said.

"Dana was looking for a company that would work collaboratively with its IT department and demonstrate a mutual commitment to long-term success," said Mike Zerkel, General Manager, North America, UST Global. "Dana is a company we are genuinely happy to welcome to our client family. They join an already impressive list of Fortune 500 manufacturing clients that value our business model of fewer clients, more attention."

About Dana Holding Corporation
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 manufacturer in the global automotive, commercial vehicle, and off-highway markets, which collectively produce more than 70 million vehicles annually. Based in Toledo, Ohio, the company's continuing operations employ approximately 35,000 people in 26 countries and reported 2007 sales of $8.7 billion, with more than half of this revenue derived from outside the United States. For more information, please visit: http://www.dana.com/.

About UST Global
UST Global^® is a leading provider of end-to-end IT services and solutions for the Global 1000 market. UST Global offers a client-centric Engagement Model that provides the optimal mix of senior local resources with the cost, scale and quality advantages of offshore operations for each client. The company is known for its relentless focus on clients, flexibility, and commitment beyond contract. Headquartered in Aliso Viejo, California, UST Global has more than 5,500 employees worldwide and is certified globally as CMMI® Level 5, P-CMM® Level 5, and ISO 27001. For more information visit: www.ust-global.com