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Automodular Contract Awards
TORONTO - March 30, 2005
Automodular Corporation (TSX:AM) ("Automodular") has been awarded new contracts to assemble complex sub-assemblies for North American OEMs and their Tier 1 suppliers totaling over $350 million, and renewal contracts totaling approximately $60 million with terms ranging from 3 to 8 years.
With respect to new contracts, the identity of the Corporation's customers and the vehicles to be produced are being kept confidential until the related vehicle production programs are publicly announced.
Automodular has material contracts expiring in 2005 and 2006 which have yet to be renewed or extended and are the subject of competitive bidding. Automodular cannot predict the outcome of these bids. As a result, it is impossible for Automodular to estimate the resulting change in annual sales arising from its recent contract successes.
Automodular Corporation is a supplier of sub-assembly, sequencing, transportation and logistics services to North American automobile manufacturers and their Tier 1 suppliers serving assembly plants in Ontario, Michigan and Ohio. Automodular employs more than 800 people in seven operating facilities. | 
