The Continental Corporation continues to expand its leading technology expertise with targeted acquisitions as announced.

The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire (Lakeville, Indiana, USA), as well as a majority stake in Zonar Systems Inc. (Seattle, Washington, USA), a company specializing in fleet management solutions.

It was agreed in both cases that the purchase price would not be disclosed.

(Continued on the next page)