Dear All

I am pleased to announce that Roger Müller has been selected as our new CEO for Corvaglia Moulds. As of December 1st, 2007 he is fully responsible for Corvaglia's Mould business and take over from me. The graduate engineer held management positions in renowed companies in the mechanical engineering industry for over 15 years and brings in valuable experience for the further development of our mould business. I wish Roger all the best in his new challenging position.

Of course I will remain in business, but I will focus more on technology issues and Group Management.

Best regards

Romeo Corvaglia
President
Corvaglia Group