DSSI and Modine Extend Purchasing Services Relationship

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Southfield, Michigan, March 12, 2013 --

Today, DSSI, LLC announced a contract renewal with Modine Manufacturing to continue providing purchasing services to its North American operations. DSSI and Modine began their business relationship in 2003.

"For us, it is relatively easy to demonstrate cost savings with new customers based on our aggregated volume and long-term detailed item tracking. Most rewarding in our business is our track record that shows we deliver year-over-year value for our long term customers," said Dennis Buckley, Vice President of Operations for DSSI. "We are pleased to continue our ten year relationship with Modine and accept the challenge to continue to deliver savings."

"DSSI’s purchasing services are an integral part of Modine's MRO strategy," says Brian Lee, Vice President of Global Purchasing for Modine. "We continue to focus on standardizing our plant and corporate spend in key indirect categories using the DSSI program."

About Modine

Modine, with fiscal 2012 revenues of $1.6 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, heating, ventilation and air conditioning equipment, off-highway and industrial equipment, and refrigeration systems. The company employs approximately 6,600 people at 30 facilities worldwide in 16 countries. For more information about Modine, visit www.modine.com. For more information about Modine's Commercial Products Group, visit http://www.modinehvac.com.

About DSSI, LLC

DSSI, LLC is the leading provider of source to pay services to progressive industrial companies. DSSI provides services in four areas including Strategic Sourcing, Procurement Outsourcing, Integrated Supply and Procurement Consulting. DSSI acts as the buyer on behalf of its customer and employs a unique "on shore outsourcing" approach to the benefit of local economies. Based in Southfield, Michigan, DSSI also has offices in Atlanta, Georgia and Louisville, Kentucky For more information about DSSI, visit www.directsourcing.com

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