Press Releases

October 13, 2008 - ZERO Corporation announces new president

North Salt Lake, UT (Monday, October 13, 2008) – ZERO Manufacturing, Inc. announced today the naming of Daniel Leininger as its new president. The change comes at the departure of its CEO Stephen Henderson who had served in that position since June 1, 2006. The Board thanks Stephen for his efforts during his time of service.

Mr. Leininger comes to ZERO after 19 years of service with Autoliv Inc. in Ogden, UT. During those 19 years with Autoliv, he served in such positions as Plant Manager, Program Administration Director, Account Manager, Program Manager and most recently as their Director of North American Purchasing, a position that he has held since 2003. He comes to us with experience and proven skills in operations, management, purchasing, marketing and sales. He is goal and action-oriented and looks forward to the challenge of leading ZERO to success. He has a Bachelor of Science degree in Aeronautical and Astronautical Engineering from Purdue University, a Masters of Science in Mechanical Engineering from West Virginia University and a Masters of Business Administration from the University of Utah.

During this transition we ask that your support and continued efforts be given to ZERO and Mr. Leininger in his new role. We look forward to our new direction and leadership from Mr. Leininger.

About ZERO Corporation
ZERO Corporation, acquired in June 2008 by Protostar Partners LLC, is comprised of ZERO Manufacturing, Inc. and ZERO Cases (UK) Ltd. ZERO Manufacturing, Inc. (based in North Salt Lake, Utah) is a world-class manufacturer of quality, deep-drawn and fabricated aluminum and molded plastic cases, enclosures and assemblies for the aerospace, industrial, medical, electronics and telecommunications markets.

ZERO Cases (UK) Ltd. (based in Birmingham, United Kingdom) is strategically located in the center of the United Kingdom. ZERO Cases UK produces a wide range of deep-drawn aluminum cases and non-case applications that meet the unique demands of the European market.

About Protostar Partners, LLC
Protostar Partners, LLC was founded in 2001 and is based in New York City. Protostar is an operationally focused private equity firm that invests in middle-market industrial and consumer goods companies. Protostar’s principals have cumulatively managed over $750 million of committed capital and have invested in over 50 companies.

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