July 14, 2008

CSM Worldwide Expands Asian Operations With New Office in Korea, Names Chan Kyu Lim Director

NORTHVILLE, Mich., July 14 /PRNewswire/ -- CSM Worldwide has announced the opening of a new office in Seoul, South Korea, adding to the firm's portfolio of comprehensive coverage in the Asian region, which includes offices in China, India, Japan and Thailand.

"Korea, as the fifth-largest producer of light vehicles globally, is fast becoming a highly influential force in growth markets," said Craig Cather, president and CEO of CSM Worldwide. "With Hyundai-Kia aggressively adding production capacity on a global basis and GM Daewoo becoming General Motors' global-growth powerplant, Korea exerts an increasing impact on global automotive production and the supply chain. Our Seoul office now gives our clients a direct link to this important market, and it further solidifies CSM's automotive forecasting and advisory services in Asia."

Chan Kyu Lim, Director, South Korea, will manage CSM's Seoul office. Mr. Lim has more than 15 years of automotive industry experience thorough positions held at Autoliv Korea, TRW Korea and Hyundai-Kia.

Mr. Lim is the primary contact in Korea for new and existing customers. He can be reached at + 82-2-3497-1710. CSM's South Korea office is located at Invest Korea Plaza # 703.704, 300-6 Yomgok-dong, Seocho-gu, Seoul, South Korea.

CSM Worldwide (http://www.csmauto.com/) provides trusted automotive market forecasting services and strategic advisory solutions to the world's top automotive manufacturers, suppliers and financial organizations. CSM Worldwide covers the global automotive environment from Detroit, Grand Rapids, Sao Paulo, London, Paris, Frankfurt, Budapest, New Delhi, Bangkok, Shanghai, Seoul and Tokyo.

CSM Worldwide

CONTACT: Lauren Kiehler of The Quell Group, +1-248-649-8900,[email protected], for CSM Worldwide

Web site: http://www.csmauto.com/