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Noble Announces Operating Management Changes

2008-07-28 16:26:00

Noble Announces Operating Management Changes

    TROY, Mich., July 28 /EMWNews/ -- Noble International,

Ltd. (Nasdaq: NOBL) ("Noble" or the "Company") today announced that Jim

Orchard, its Chief Operating Officer, has decided to leave the company as

of July 31st. At the same time, the Company will promote Frank Sovis,

currently President of Noble's North American Operations, to the position

of Chief Operating Officer. Additionally, John Nechiporchik will be

promoted to President of North American Operations from his current role of

Chief Operating Officer of North America. The promotions of both Mr. Sovis

and Mr. Nechiporchik will be effective as of August 1st.



    Noble's Chief Executive Officer, Thomas L. Saeli commented, "We are

sorry that Jim Orchard has elected to leave the company. Jim is a skilled

and seasoned automotive executive, and has been an important part of our

leadership team over the past year. We do wish him the best of success in

his future business and personal pursuits. Noble is very fortunate to have

a strong operational organization, as evidenced by our ability to

immediately promote Frank and John into their new roles. They have both

done a tremendous job over the past year operating the North American

business in a difficult market environment, and have extensive tier one

automotive experience."



    Prior to joining Noble in early 2007, Frank Sovis was President of Lear

Corporation's global interior systems division, a $3 billion per year

worldwide manufacturing operation. Frank held a variety of executive

positions during his 18 year career at Lear. John Nechiporchik's previous

experiences include serving as President of ASC Corporation, where he was

employed for almost 19 years, as well as President of both Roush Industries

Manufacturing Division and Guide Corporation.



    SAFE HARBOR STATEMENT



    Certain statements made by Noble International, Ltd. in this and other

periodic oral and written statements and presentations, including filings

with the Securities and Exchange Commission, are "forward-looking"

statements within the meaning of the Private Securities Litigation Reform

Act of 1995. These forward-looking statements, as well as statements which

address operating performance, events or developments that we believe or

expect to occur in the future, including those that discuss strategies,

goals, outlook or other non-historical matters, or which relate to future

sales or earnings expectations, cost savings, awarded sales, volume growth,

earnings or a general belief in our expectations of future operating

results, are forward- looking statements. The forward-looking statements

are made on the basis of management's assumptions and estimations. As a

result, there can be no guarantee or assurance that these assumptions and

expectations will in fact occur. The forward-looking statements are subject

to risks and uncertainties that may cause actual results to materially

differ from those contained in the statements. Some, but not all of the

risks, include our ability to obtain future sales; our ability to

successfully integrate acquisitions; changes in worldwide economic and

political conditions, including adverse effects from terrorism or related

hostilities including increased costs, reduced production or other factors;

costs related to legal and administrative matters; our ability to realize

cost savings expected to offset price concessions; inefficiencies related

to production and product launches that are greater than anticipated;

changes in technology and technological risks; increased fuel costs; work

stoppages and strikes at our facilities and that of our customers; the

presence of downturns in customer markets where the Company's goods and

services are sold; financial and business downturns of our customers or

vendors; and other factors, uncertainties, challenges, and risks detailed

in Noble's public filings with the Securities and Exchange Commission.

Noble does not intend or undertake any obligation to update any

forward-looking statements.





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