LoJack Corp. Names Ronald V. Waters, III Chief Executive Officer

Richard T. Riley to remain on full-time basis as Executive Chairman of the Board

WESTWOOD, Mass., Dec. 15 /PRNewswire-FirstCall/ — LoJack Corporation (Nasdaq: LOJN) announced today the promotion of Ronald V. Waters, III, from President and Chief Operating Officer to President and Chief Executive Officer effective January 1, 2009, succeeding Richard T. Riley in the role of Chief Executive Officer. Mr. Riley will remain on a full-time basis as Executive Chairman of the Board.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080512/NEM054LOGO )

In announcing the appointment, Richard T. Riley said, “I am pleased to announce that the Board of Directors has promoted Ron Waters to the additional position of Chief Executive Officer, as another step in the disciplined succession planning process undertaken by the Board of Directors. I will remain on a full-time basis as Executive Chairman of the Board and will continue to work closely with Ron to develop and execute the long term strategic plan and continue efforts to diversify the business.

“With his global operations, financial, and consumer product marketing experience, Ron has been a guiding force in the diversification of our business over the last two years. Most notably, he has been leading our international expansion initiative and our entry into the new market for tracking and rescuing people at risk. Ron has already made significant contributions to the business since he joined the company nearly two years ago. The entire Board is confident in Ron’s leadership and looks forward to his continued success in diversifying the LoJack business.”

Mr. Waters was appointed President and Chief Operating Officer, and a member of the Board of Directors for LoJack in February of 2007. Prior to joining LoJack, Mr. Waters served as Chief Operating Officer for the Wm. Wrigley Jr. Company. Before joining the Wm. Wrigley Jr. Company, Mr. Waters held several senior executive positions of increasing responsibility with The Gillette Company and KPMG International.

Mr. Waters said, “In the role of Chief Executive Officer, I plan to further expand the LoJack organization’s capacity to deliver on our strategic plans for growing international operations, for entering into new vertical markets, for increasing penetration of the new car and truck market in the United States and for delivering new, industry leading products with global applications. I look forward to my continued work with Rich and the rest of the executive team.”

About LoJack

LoJack Corporation, the company that invented the stolen vehicle recovery market, leverages its superior technology, direct connection with law enforcement and proven processes to be the global leader in tracking and recovering valuable mobile assets. The company’s Stolen Vehicle Recovery System delivers a 90 percent success rate in tracking and recovering stolen cars and trucks and has helped recover more than $4 billion worldwide in stolen LoJack-equipped assets. The system is uniquely integrated into law enforcement agencies in the United States that use LoJack’s in-vehicle tracking equipment to recover stolen assets, including cars, trucks, commercial vehicles, construction equipment and motorcycles. Today, LoJack operates in 26 states and the District of Columbia, and in more than 30 countries throughout Europe, Africa, North America, South America and Asia.

From time to time, information provided by the company or statements made by its employees may contain “forward-looking” information, which involve risks and uncertainties. Any statements in this news release that are not statements of historical fact are forward-looking statements (including, but not limited to, statements concerning the characteristics and growth of the company’s market and customers, the company’s objectives and plans for future operations and products and the company’s expected liquidity and capital resources). Such forward-looking statements are based on a number of assumptions and involve a number of risks and uncertainties, and accordingly, actual results could differ materially. Factors that may cause such differences include, but are not limited to: the continued and future acceptance of the company’s products and services; the effectiveness of the company’s marketing initiatives; the rate of growth in the industries of the company’s customers; the presence of competitors with greater technical, marketing, and financial resources; the company’s ability to promptly and effectively respond to technological change to meet evolving customer needs; the extent of the company’s use of third party installers and distributors; capacity and supply constraints or difficulties; the company’s ability to successfully expand its operations and changes in general economic or geopolitical conditions. For a further discussion of these and other significant factors to consider in connection with forward-looking statements concerning the company, reference is made to the company’s Annual Report on Form 10-K for the year ended December 31, 2007.

The company undertakes no obligation to release publicly the result of any revision to the forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

    Contact:
    Paul McMahon
    Senior Director, Corporate Communications
    (781) 251-4130

Live Unveiling of the North American Car and Truck of the Year Finalists at the Detroit Economic Club

DETROIT, Dec. 15 /PRNewswire/ — The Detroit Economic Club (DEC) is
pleased to host Joe Serra, President of Serra Automotive and Senior
Co-Chairman of the 2009 North American International Auto Show on Thursday,
December 18, 2008. His speech, which will begin at 11:30 a.m., will be held at
Cobo Center in Detroit, Michigan.

The automotive world continues to change at a hyper rate. What is the
impact to franchise dealers and the retail network around the country? What
does it mean for consumers? With an ever-expanding selection in cars, colors
and technology, auto shows are more important than ever for those who want to
see it all in one place. Hear from NAIAS Co-Chairman, Joe Serra, about what is
coming to next month’s North American International Auto Show … where the
automotive world comes together.

Also – Don’t miss the exciting live unveiling of the 2009 North American
Car and Truck of the Year (NACTOY) finalists.

The Detroit Economic Club was formed in 1934 as a platform for the
discussion and debate of important business, government and social issues. It
is known internationally as a top speaking forum for prominent business and
government leaders, who address members and their guests at the Club’s 35
meetings a season. With more than 3,200 members, the DEC is about vital
issues, prominent voices, a commitment to education and inspiring leadership.
The DEC is proud to have hosted every sitting U.S. President since Richard
Nixon and proud to be ranked among the top speaking platforms in the world.
Admission: $40 for DEC members, $50 for guests of members and $75 for
nonmembers. Register at www.econclub.org.

Ford’s New Fiesta Global Small Car Off to a Fast Start in Europe; Coming To China in ‘09, U.S. in 2010

COLOGNE, Germany, Dec. 15 /PRNewswire-FirstCall/ — The new Ford Fiesta -
the stylish subcompact that is ushering in a new wave of global cars from Ford
- is off to a fast start in Europe.

The strong early sales of the Fiesta helped Ford’s European operations
increase market share in November and bodes well for the company as it
prepares to launch the global small car in China in the first quarter of next
year and in other key Asian markets and the United States in early 2010.

In its first two months on sale, Ford has sold more than 42,200 new
Fiestas in Europe’s main 19 markets despite soft overall industry sales,
making the new Fiesta the second-most popular vehicle in the Ford of Europe
lineup behind the Focus compact. The Fiesta, including the new version and
outgoing model, was the best-selling car in the United Kingdom in November
among all models from all automakers.

“After only two months since its introduction, the Fiesta is already our
second best-selling model behind the Focus,” said Ingvar Sviggum, vice
president, marketing, sales and service, Ford of Europe. “In the U.K., the
Fiesta’s market share for November was the highest since January 1998 for the
nameplate, and the new Fiesta attracted 1,000 more retail British buyers than
the previous model in November 2007. This is a promising start for our
all-new global model.”

Overall, November Ford of Europe sold 95,700 vehicles across its 19
European markets. This was down 21.4 percent versus November 2007, but the
company again outperformed the industry by increasing its market share to 8.8
percent, up 0.5 percentage points. The Ford brand is now firmly established
as the No. 2 brand in Europe’s main 19 markets behind only Volkswagen.

The new Fiesta is attracting a broader range of customers to the Ford
brand and customers are choosing upscale features and trim packages, Sviggum
said. About 50 percent of new buyers are choosing the upscale Titanium and
Ghia versions of the new Fiesta. And half of new Fiestas on the road are
equipped with Bluetooth capability, while more than 60 percent were ordered
with leather-wrapped steering wheels and 30 percent with privacy glass.

Designed and developed in Europe for sale across Ford’s global markets,
the new Fiesta is the first in a series of fuel efficient new small cars
developed through Ford’s global product development process. Its stylish and
dynamic flair combines with all the traditional Ford small car strengths to
create a confident, contemporary introduction to the next chapter of the
Fiesta success story.

The new Fiesta opens another chapter in the story of the popular Ford
small car that has sold more than 12 million units since its introduction in
1976. Charismatic and individual, the new model makes major strides in
craftsmanship, quality of materials and product choice while continuing to
represent Fiesta’s traditional strengths of practicality, value for money,
agility and safety.

The Fiesta is produced at Ford’s plant in Cologne, Germany, for European
markets. Fiestas built in Cologne are on sale now in South Africa and will
soon go on sale in Australia and New Zealand. Early next year, Fiesta
production begins at Ford’s assembly plant in Valencia, Spain, for European
markets and at Ford’s state-of-the-art assembly plant in Nanjing, China, for
the Chinese market.

Ford’s Auto Alliance Thailand (AAT) facility in Rayong will begin
producing the new Fiesta for other major Asian markets in 2010. At the same
time, Ford is currently retooling its truck plant in Cuautitlan, Mexico, to
build the new Fiesta for the United States and other North American markets.

Ford Motor Company (NYSE: F), a global automotive industry leader based in
Dearborn, Mich., manufactures or distributes automobiles across six
continents. With about 224,000 employees and about 90 plants worldwide, the
company’s core and affiliated automotive brands include Ford, Lincoln,
Mercury, Volvo and Mazda. The company provides financial services through Ford
Motor Credit Company. For more information regarding Ford’s products, please
visit www.ford.com.

Ford of Europe is responsible for producing, selling and servicing Ford
brand vehicles in 51 individual markets. The first Ford cars were shipped to
Europe in 1903 – the same year Ford Motor Company was founded. Ford of Europe
now employs approximately 73,000 employees. In addition to Ford Motor
Credit Company, Ford of Europe operations include Ford Customer Service
Division and 22 manufacturing facilities, including joint ventures.

Continental Announces Significant Expansion of its Newport News, Virginia Manufacturing Facility

AUBURN HILLS, Mich., Dec. 15 /PRNewswire/ — Today, Continental announced
that the Company will significantly expand the products manufactured at its
Newport News, Virginia facility as part of the on-going consolidation of
manufacturing operations in the Company’s Engine Systems business unit. The
expansion will involve the relocation of diesel fuel injection products
currently manufactured at the Company’s Blythewood, South Carolina facility to
Newport News. Continental plans to invest more than $190 Million in the
Newport News plant as part of this expansion project over the next two years,
creating approximately 300 jobs by end of year 2013.

“Continental is continuously evaluating the Company’s global manufacturing
portfolio to develop new strategies for designing and manufacturing the
highest quality products for our automotive and commercial vehicle customers,”
said Kregg Wiggins, Senior Vice President Powertrain, Continental Automotive
Group – NAFTA region. “This expansion will achieve significant advantages for
our customers by leveraging our expertise in developing gasoline and diesel
technologies and reducing our overall manufacturing costs by eliminating
redundancies and consolidating common functions.”

The 366,000 square foot Newport News facility opened in 1971 and currently
employs 576 people. The location produces gasoline fuel components (injectors
and pressure regulators) for North American, European and Asian Original
Equipment Manufacturers.

As part of the consolidation, Continental plans to close its Blythewood,
South Carolina facility which currently manufactures diesel fuel injection
products by the end of 2010. Currently, 440 people work at the 221,750 square
foot Blythewood/Columbia Engineering facilities, which Continental opened in
2000. Continental made the decision to close the Blythewood facility and
relocate the diesel manufacturing operations to Newport News after a
comprehensive evaluation of the two plants. In the evaluation process,
Continental analyzed both operational and financial factors, including the
capacity and configuration of the two facilities, the ability to expand these
facilities to accommodate additional product lines, plant performance and
operational efficiency, facilities costs, administrative costs, state
incentives, personnel and labor costs, and the ability to hire and retain
skilled employees. Although both locations offered distinct advantages and
unique opportunities, Continental ultimately concluded that Newport News
offered a more desirable venue. The Blythewood facility will continue to
operate for the next 12 – 18 months as product lines are transitioned to
Newport News.

“We sincerely regret the impact that this decision will have on our
employees and their families in Blythewood and appreciate their years of
service,” said Wiggins. “I have instructed our Human Resources team to
immediately begin the process of assisting displaced Blythewood employees with
their transition to other employment opportunities both inside and outside the
Continental organization.”

Some employees at the Blythewood facility will have the opportunity to
apply for positions at Newport News, while Continental will assist others with
outplacement services.

With targeted annual sales of more than Euro 26.4 billion ($40 billion US)
for 2008, Continental is one of the top automotive suppliers worldwide. As a
supplier of brake systems, systems and components for the powertrain and
chassis, instrumentation, infotainment solutions, vehicle electronics, tires
and technical elastomers, the corporation contributes towards enhanced driving
safety and protection of the global climate. Continental is also a competent
partner in networked automobile communication. Today, the corporation employs
approximately 146,500 people at nearly 200 locations in 36 countries.

Cooper Tire Agreement with Texarkana Local 752L Ratified

FINDLAY, Ohio, Dec. 15 /PRNewswire-FirstCall/ — Cooper Tire & Rubber
Company (NYSE: CTB) today announced the United Steelworkers of America Local
752L, representing workers at the Texarkana, Ark., facility, overwhelmingly
ratified a new three-year contract in voting which took place Dec. 13.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010404/COOPERLOGO )

Cooper’s Senior Vice President, Global Human Resources, Mark W.
Krivoruchka commented, “We want to thank the local union officers for their
leadership during this sensitive period. They provided guidance and
cooperation to help the Texarkana plant achieve cost savings in order to help
strengthen Cooper Tire’s competitive position. We need this spirit of
collaboration to continue as we face the challenging times ahead in the U.S.
tire market.”

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company is a global company that specializes in the
design, manufacture, marketing and sales of passenger car, light truck, medium
truck tires and subsidiaries that specialize in motorcycle and racing tires.
With headquarters in Findlay, Ohio, Cooper Tire has manufacturing, sales,
distribution, technical and design facilities within its family of companies
located in 10 countries around the world. For more information, visit Cooper
Tire’s web site at: www.coopertire.com.

Inspri, LLC Launches Web Site and Sciata(R) Seating System

DENVER, Dec. 15 /PRNewswire/ — Inspri, LLC (http://www.insprico.com) is
proud to announce the launch of its first product: the Sciata(R) Seating
System. The proprietary system alleviates lower back and sciatic nerve pain
and was born from a tragic car wreck involving Inspri cofounder Mark Ridder.
Also, the system addresses the seating needs of those afflicted with other
lower body ailments such as hemorrhoids, coccyx, or gynecological issues or
anyone wishing to sit more comfortably.

The accident left Mark in a state of perpetual pain; no existing product
provided the relief he sought for the incessant burning pain resultant from
herniated disc injury and an injured sciatic nerve. Even surgery, while
helpful, did not diminish his pain to the point that he could sit or stand
comfortably for any length of time. Thus, Mark was inspired — hence the name
Inspri(R) — to create a system that would provide relief for one’s lower
lumbar and sciatic nerve.

The concept behind the Sciata(R) Seating System is support. This is
facilitated through the system’s key components — namely, the differing foam
densities and the Troff(TM). The dual layered foam assures that the system
does not compress to the point where one’s tailbone contacts the surface
beneath the system while the Sciata(R) Seating System promotes seating so as
to relieve pressure from injured sciatic nerves.

    For more information and to see the video online, visit
http://www.insprico.com.

    Contact:

    Aaron Michael Ridder
    Phone: (303) 278-8276
    Fax: (303) 278-6957
    E-mail: aaronmichael@insprico.com

This release was issued through eReleases(TM). For more information,
visit http://www.ereleases.com.

Evonik and Daimler Establish Strategic Alliance for the Development and Production of Lithium-ion Batteries

DUESSELDORF, Germany, Dec. 15 /PRNewswire-FirstCall/ –

• Investment in the powertrain of the future.
• Partnership between Evonik Industries and Daimler in Li-Tec pushes forward research, development and production of cells for lithium-ion batteries.
• Evonik and Daimler combine key technologies for success.
• Entry into a multi-billion market imminent.
• Establishment of an additional joint venture for the development and production of lithium-ion batteries for passenger vehicles, buses and commercial vehicles.
• Dr. Werner Mueller, CEO of Evonik Industries AG, “We have the universal electric drive. Suitable for everyday use, safe, affordable.”
• Dr. Dieter Zetsche, Chairman of the Management Board of Daimler AG and Head of Mercedes-Benz Cars, “With this shareholding in Li-Tec and the establishment of the battery joint venture, we are extending our leading position in the field of alternative drives.”

Evonik Industries AG, Essen and Daimler AG, Stuttgart are developing the energy storage of the future. Based on lithium-ion technology from Evonik and with Daimler expertise, both groups will drive forward the research, development and production of battery cells and battery systems in Germany. In the near future, Li-Tec cells will appear in electric vehicles of Mercedes-Benz Cars. This will represent an important milestone in the series production of electric vehicles. En route to achieving its technological leadership in recent years, Evonik has invested around 80 million Euros. The outcome is production-ready hi-tech battery cells that are superior to competitor products in several key areas.

“Evonik is the only company that can actually bring about commercial series production of battery cells of this kind,” says Werner Mueller, CEO of Evonik Industries AG. “We will also continue our ongoing investment in relevant future technologies. In the last 30 years, Daimler engineers have registered over 600 patents associated with battery-powered vehicles — over 230 of which were in the field of lithium-ion technology,” comments Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars.

Evonik Group subsidiary Li-Tec is set to make a significant contribution to the success of this continued development. On 15 December 2008, Daimler AG takes over 49.9 percent of Li-Tec Vermogensverwaltung GmbH (Li-Tec). Evonik Industries AG already holds 50.1 percent. Both partners are seeking the involvement of a third shareholder in Li-Tec with expertise in electrical and electronic systems integration. Furthermore, the companies will also establish a joint venture with a clear focus on the development and production of batteries and battery systems for automotive applications. Daimler will hold 90 percent of this joint venture, and Evonik 10 percent.

The lithium-ion batteries produced by the joint venture will be used in both the passenger car and commercial vehicle sectors. The capacity available at Li-Tec and the joint venture will initially concentrate on the needs of Daimler AG. Beyond that, the sale of cells and battery systems to third parties is planned.

Evonik leads the field in battery cell development

“We have the universal electric drive — suitable for everyday use, safe, affordable,” says Evonik CEO Mueller. Due to their technical concept featuring a ceramic separator, today’s Li-Tec cells are the most suitable for electric vehicles. The flat cell, which leads the field in worldwide comparisons, boasts a high energy density combined with compact dimensions and outstanding safety — the issue that takes greatest priority in the application of high energy density batteries. First generation lithium-ion flat cell batteries will soon be used in electric vehicles of Mercedes-Benz Cars.

Daimler leads the way in local zero-emissions drives

As far back as the late 70s, Daimler began intensive research and development work on battery-powered vehicles. Alongside vehicle concepts, this also included the further development of individual key components such as electric motors and energy storage. “The energy storage is at the very heart of vehicle electrification and thus the key component for sustainable mobility,” explains Zetsche. Further advancements in the storage of electrical energy on-board a vehicle are promised by the flat-cell frame concept brought into the co-operation by Daimler. This is designed around the basic principle of a fuel cell stack and enables standardized production within a modular system.

World-leading battery technology from Germany — lithium-ion batteries as key to sustainable mobility

“With our joint commitment, we once more confirm the innovative strength of the German industrial sector,” comment Mueller and Zetsche at the press conference. “At the same time, Daimler and Evonik are writing another piece of industrial history. We are bringing back to Germany a technology that has not existed here for a long time.”

Changes in the automotive industry are increasing the demand for clean and efficient vehicles. According to forecasts, the market size for high-performance lithium-ion batteries will exceed the 10 billion Euro mark within the next decade; with the market for battery materials exceeding 4 billion Euros.

In Germany alone, the federal government is striving to see at least one million electric vehicles on city streets by 2020. “This cooperation will benefit enormously from such a development,” says Mueller. The number of jobs in Evonik’s key technology alone is set to increase from its current level of around 100 to over 1000 in the long term. “That is also a clear commitment to the expansion of production in Germany,” adds Mueller, going on to say “We have come a long way along our route to becoming Europe’s number one manufacturer of lithium-ion battery components. We now want to build further on our technological lead in this partnership with Daimler.”

When it comes to lifecycle in particular, lithium-ion batteries with Evonik technology are superior to the competition. Evonik technology is also in front with regards to safety, battery weight and suitability for series production. “Evonik has an idea of the future. We make market-ready products based on society’s needs. Now we are working with a strong partner to make our new technology suitable for everyday use,” says Mueller.

According to Daimler, the electrification of the automobile is the key to sustainable mobility. In order to fulfil all the demands for sustainable mobility in the long term, the company has developed a broad-based portfolio of efficient, clean and high-performance powertrain technologies to meet the most diverse range of customer requirements and applications.

As early as next year, Mercedes-Benz will launch the S 400 BlueHYBRID — the world’s most fuel-efficient luxury sedan with a petrol engine. Plans also include series production vehicles with fuel cells and with pure battery-powered electric drive. Daimler has already successfully proved their everyday usability in numerous fleet tests and infrastructure projects, including the smart electric drive in London. This year also saw the launch of further major Daimler electric vehicle projects in the shape of “e-mobility Berlin” and “e-mobility Italy”.

About Evonik

Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in speciality chemicals, an expert in power generation from hard coal and renewable energies and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2007 about 43,000 employees generated sales of about 14.4 billion Euros and an operating profit (EBITDA) of more than 2.2 billion Euros.

About Daimler

Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans, and Daimler Buses, is a globally leading producer of premium passenger cars and the world’s largest manufacturer of commercial vehicles. Daimler Financial Services provides a broad range of offers relating to financing, leasing, insurance, and fleet management. Daimler distributes its products in almost every country of the world and has production facilities on five continents. The company’s founders Gottlieb Daimler and Carl Benz opened up a new chapter of history in 1886 as the inventors of the automobile. Daimler is the automotive pioneer. The company sees it as its pride and obligation to live up to its responsibility to the environment and to society and to shape the future of safe and sustainable mobility — with groundbreaking technologies and high-quality products. The current brand portfolio comprises Mercedes-Benz, the world’s most valuable automotive brand, as well as smart, Maybach, Freightliner, Sterling, Western Star, Mitsubishi Fuso, Setra, Orion, and Thomas Built Buses. Daimler is listed on the stock exchanges in Frankfurt, New York, and Stuttgart (stock symbol DAI). With more than 270,000 employees, the Group sold a total of 2.1 million vehicles in 2007. Sales amounted to Euros 99.4 billion, and the EBIT reached a level of Euros 8.7 billion. Daimler strives for sustainable growth and profitability at industry-leading levels as a high-performance organization committed to excellence.

Legal disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or development may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained within this release.

ITW Reports 2.4 Percent Growth in Operating Revenues for Three Months Ended November 30, 2008

GLENVIEW, Ill., Dec. 15 /PRNewswire-FirstCall/ — Illinois Tool Works Inc.
(NYSE: ITW) today reported an operating revenue increase of 2.4 percent for
the three months ended November 30, 2008. Revenue growth for the three months
was driven by contributions from acquisitions. Base revenues were negative
for the three month period as North American and international end markets
declined significantly in the month of November. Currency translation also
had a negative impact for the three month period.

On a segment basis, the Company’s three month moving average percentage
change for operating revenues, comprised of base revenues,
acquisitions/divestitures and currency translation, is provided below.

    (% change for 3 months ended November 30, 2008 versus prior year period)

    *Industrial Packaging:              +  1.4 %
    *Power Systems and Electronics:     -  1.9 %
    *Transportation:                    +  7.6 %
    *Construction Products:             - 12.6 %
    *Food Equipment:                    +  2.0 %
    *Polymers and Fluids:               +  36.4%
    *All Other:                         +  1.4 %

As previously disclosed on December 8, 2008, the Company issued an updated
forecast and reported significant further weakening in worldwide end markets,
the negative impact from currency translation and higher than originally
anticipated restructuring costs in the quarter. The Company is forecasting
fourth quarter 2008 diluted income per share from continuing operations to be
in a range of $0.44 to $0.52. The 2008 fourth quarter forecast assumes a total
company revenue decrease of 7 percent to 9 percent. For the full year, the
Company is forecasting diluted income per share from continuing operations to
be in a range of $2.94 to $3.02. The full-year forecast assumes a total
Company revenue growth range of 6 percent to 7 percent.

This release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including, without
limitations, statements regarding diluted income per share from continuing
operations and the Company’s related forecasts. These statements are subject
to certain risks, uncertainties and other factors which could cause actual
results to differ materially from those anticipated. Important factors that
could cause actual results to differ materially from the Company’s
expectations are set forth in ITW’s Form 10-Q for the 2008 third quarter.

With $14.9 billion in revenues, ITW is a diversified and value-added
manufacturer of highly engineered components and industrial systems and
consumables. The Company consists of approximately 825 business units in 52
countries and employs some 60,000 people.

Autodesk Expands BIM Software Offering for Structural Analysis

Next-Generation Autodesk Robot Structural Analysis and Autodesk Robot Structural Analysis Professional, Enhances Building Information Modeling Workflow for Structural Engineers

SAN RAFAEL, Calif., Dec. 15 /PRNewswire-FirstCall/ — Autodesk, Inc. (Nasdaq: ADSK) has announced the addition of two new structural analysis software offerings to expand its range of building information modeling (BIM) solutions. Aimed at structural engineers, and based on technology acquired by Autodesk from Robobat, Autodesk Robot Structural Analysis 2009 software and Autodesk Robot Structural Analysis Professional 2009 software are tightly integrated with Revit Structure 2009 software for BIM. The new software enables structural engineers working with Revit Structure to more seamlessly analyze complex structures.

“The new Autodesk Robot Structural Analysis Professional 2009 delivers a great value to structural engineers worldwide by incorporating BIM in the structural analysis and design of building, civil and other specialty structures,” said Nicolas Mangon, structural engineering business line manager, Autodesk AEC Solutions. It is designed to be collaborative, faster and more versatile. This in turn will help to provide structural engineers with the ability to do analysis and design better by creating digital models that visualize, simulate and analyze their work.

Autodesk Robot Structural Analysis and Autodesk Robot Structural Analysis Professional complements the Revit Structure 2009. Autodesk customers will experience a more seamless integration of a complete BIM solution, from the analysis of structures through to design and construction.

Autodesk Robot Structural Analysis Professional provides a scalable analysis solution. It is multiregional, incorporating over 15 languages and addressing over 60 design codes for the structural engineer to analyze many types of structures, including buildings and bridges, as well as civil and specialty structures. Structural analysis features include advanced automeshing and modeling capabilities, faster dynamic solvers, and integrated reinforced concrete design and structural steel design modules.

Enhanced Collaboration and Workflow

Autodesk Robot Structural Analysis Professional provides structural engineers with versatile interoperability that enhances collaboration with architects and other disciplines, thus helping to improve project workflow.

Embracing BIM, Autodesk Robot Structural Analysis Professional incorporates a powerful and flexible user interface with rich 3D collaboration and bidirectional links between Revit Structure, AutoCAD Structural Detailing 2009 and Revit Extensions to help simplify communication and collaboration across project phases and extended teams, which can help to save time and reduce errors.

Faster Calculations

Powerful analysis with strong finite element automeshing capabilities provides a faster means for tackling the most complex simulations and model calculations. Autodesk Robot Structural Analysis Professional can produce faster results in minutes versus hours, with nonlinear and dynamic algorithms for the most demanding and complex structures. As a result, engineers can more easily analyze different design analysis alternatives and make early improvements to the way their projects look and perform in the real world.

Versatile Interoperability

Through an open API (application programming interface), Autodesk Robot Structural Analysis Professional delivers a versatile, scalable and country-specific analysis solution for many types of structures, including buildings and bridges as well as civil and specialty structures. It can be integrated with other applications in the project workflow and provides the capability to produce plans in one country and language and then easily convert them into another.

Availability

Autodesk Robot Structural Analysis 2009 and Autodesk Robot Structural Analysis Professional 2009 are now available. For more information, visit www.autodesk.com/robot.

About BIM

BIM is an integrated process built on coordinated, reliable information about a project from design through construction and into operations. By adopting BIM, architects, engineers, contractors and owners can easily create coordinated digital design information and documentation; use that information to more accurately visualize, simulate and analyze performance, appearance and cost; and reliably deliver the project faster, more economically and with reduced environmental impact.

About Autodesk

Autodesk, Inc. is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art Digital Prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit www.autodesk.com.

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The 13th Shanghai International Automobile & Manufacturing Technology Exhibition to be Held Next Spring

SHANGHAI, China, Dec. 15 /PRNewswire-Asia/ — As one of the important
global automotive industry events in 2009, the 13th International Automobile &
Manufacturing Technology Exhibition (“Auto Shanghai 2009″;
http://www.autoshanghai.org ), themed “Art of Innovation”, will take place
April 22-28, 2009 at the Shanghai New International Expo Centre with a brand
new vision.

I. General Information

Auto Shanghai 2009 is organized by China Association of Automobile
Manufacturers, China Council for the Promotion of International Trade Shanghai
Sub-Council and China Council for the Promotion of International Trade,
Automotive Sub-Council, co-organized by Shanghai International Exhibition Co
Ltd and MMG-Messe Muenchen International/IMAG-International Messe-und
Ausstellungsdienst GmbH, specially supported by China Machinery Industry
Federation and supported by the Society of Automotive Engineers of China.

Auto Shanghai 2009 will fully utilize all 11 indoor exhibition halls and
outdoor temporary halls of the Shanghai New International Exhibition Center
(SNIEC), with a total exhibition space of 170,000 sqm, the biggest in the
history. Among all the halls, 8 are for automobile manufactures (Hall W1-W5,
E1-E3) with its exhibition space totaled 100,000 sqm. A section for auto
components will also be opened to the public during the event, occupying Hall
E4-E6 which covers 35,000 sqm, in addition to 12,000 sqm of outdoor temporary
hall spaces. Commercial Vehicles hall, special section for auto tires, auto
audio devices, media exhibitors, VIP lounge and press center are located at
the outdoor sites.

April 20 and 21 is scheduled for press preview access only to domestic and
overseas media, with exhibitors hosting individual press conferences. April 22
and 23 are trade visitor days, while April 24 to 28 are days open to all.
Exhibits will cover all kinds of concept cars, saloon cars, sports car,
passenger cars, commercial vehicles, parts and fittings of autos, acoustics of
autos, inspection and maintenance equipments of auto, auto articles,
showcasing the latest development in the international auto industry as well
as the advanced technology and products of domestic enterprises.

II. Highlights

a. Stands among world’s leading auto shows with massive exhibition scale

Auto Shanghai 2009 will fully utilize all 11 indoor exhibition halls and
outdoor temporary halls with a total exhibition space of 170,000 sqm, or 20%
larger than Auto Shanghai 2007. As far as the exhibition scale is concerned,
Auto Shanghai 2009 is among the world’s leading auto show and positioned as A
-class international auto show internationally.

b. Active participation of leading auto giants, home and abroad

Amid a global economic downturn, the China automotive market is a vital
place automobile manufactures, home and abroad. The new products and
competitive price they introduce will inject new vitality to the China
automotive market as well as providing a unique development opportunity. The
current enrollment has proved the above mentioned trend. The exhibition space
for automobile manufacture has increased with aggressive participation of home
and international automobile manufactures.

International automobile giants all look upon China automotive industry,
and take Auto Shanghai 2009 as an international A class auto show, some even
position Auto Shanghai 2009 as the most crucial show among all auto shows. Big
three US carmakers, i.e. GM, Ford, and Chrysler will maintain their exhibition
scale and standard compared to previous shows. Benz and BMW have announced
that they would enlarge their space and showcase their major cars and concept
cars. Toyota, Honda, Nissan will increase their exhibition space significantly.
Moreover, Volkswagen, Audi, Skoda, Citroen, Renault, Peugeot, Volvo, Mazda,
Hyundai, Kia, and others have all enrolled in Auto Shanghai 2009.

Luxury brands and sports cars such as Porsche, Ferrari, Maserati,
Lamborghini, Maybach, Bentley, and Spyker have already signed up.

FAW, SAIC, Dongfeng, Chang’an, GAC, BAW join hands together to promote new
cars with own brands in the name of group participation for the first time,
marking the first in Shanghai auto show’s history. BYD, Haima, Great Wall Auto,
Brilliance, Changfeng, Greeley, Jianghuai, Hafei and others will make
appearance together in the show.

c. Themed “Art of Innovation”

Amid challenges in energy resources and environment threats in the 21st
century, the car industry is moving towards new energy, hybrid power, and
applications of energy saving and emission reduction techniques, through its
hundred years of accumulation of science and technology. Apart from showcasing
newest automobile and leading technologies, Auto Shanghai 2009 will also
present the latest exhibition concept in design, facility and management, to
cultivate an artistic and harmonious atmosphere, in realizing its theme, “Art
of Innovation”.

d. Numerous exciting supporting activities under preparation

The organizer seeks ways to enhance the quality and management standard in
the mean time while extending its exhibition scale. The related supporting
activities are under preparation. Auto Shanghai 2009 will be a highly
interactive event with 20,000 sqm of exhibition space outside of exhibition
halls as mobile presentation venues.

Meanwhile, the organizer is planning to host charity events during the
show.

e. Human-oriented services

To enhance the quality of services, the organizer has set different types
of tickets in a more flexible manner based on the feedback of past visitors.
One of the measures is the replacement of original specific date trade day
ticket with general trade day ticket at 100 RMB per ticket which can be used
either on 22 or on 23. Multiple-entry tickets for all days throughout April 24
to 28 will be available at 80 RMB while remaining specific public date tickets
are at 50 RMB, same as last year.

III. Special Mission for Auto Shanghai 2009

Despite the domestic automobile market is facing a slowdown in the fourth
quarter affected by tough macro economy, the estimated output and sales volume
is expected to increase by around 8%. Furthermore, the future development of
China automotive industry in the next 10 to 20 years is very promising. Auto
industry is an engine driving China’s booming economy, which will play an even
more important role under China’s national policy committing to drive
development, expand demands through adjustments in the economic structure.

Shanghai International Exhibition Co., Ltd. believes that Auto Shanghai
2009 will do more than an exhibition but also a symbol of strength and
confidence of China and international automotive industry, which can be
further enacted as a specific measure in dealing with the current economic
situation. We are going to inheritance the people oriented service standard
and innovating and shaping its own character when the show is beginning its
13th pre-organization, which will make the show one of the most ideal and most
important show and trading platforms.

For more information, please visit the Auto Shanghai official website on
http://www.autoshanghai.org .

IV. Relevant Link — http://www.autoshanghai.org

Brief review of Auto Shanghai 2007

With the development of Chinese and international automotive industry and
accumulating experience of over 20 years, the biannual Auto Shanghai has grown
into one of the most authoritative shows in China and the most influential
international automobile exhibition. Auto Shanghai is the earliest
international trade auto show in China since its first appearance in 1985.
Auto Shanghai granted the certification of UFI as the first UFI approved auto
show in China. Auto Shanghai 2007 concluded with great success in April 28,
2007, attracting over 1,300 exhibitors from 21 countries and regions with a
total exhibition scale of 140,000 sqm, over 500,000 visitors from 108
countries and regions and 6,286 reporters from 43 courtiers and regions. 5
worldwide debut among the total 868 exhibited cars were presented. These
record breaking figures positioned Auto Shanghai as one of the most
influential and authoritative shows in China. Also, based on the theme of
technology and nature in harmony, cutting-edge techniques in energy saving,
solar energy, non air-polluted cars will become the key highlights of the show
along with several debuts of new car brands.