VAN BUREN TWP., Mich., Oct. 2 /PRNewswire/ -- Ricardo, Inc. is pleased
 to announce that with immediate effect, the chairman of the Center for
 Automotive Research (CAR), Dr. David E. Cole, has been appointed as a
 non-executive director of the company.
     Dr. Cole has spent a long and distinguished career in the North
 American automotive industry, working extensively on internal combustion
 engines, vehicle design, and automotive industry strategic trends. Prior to
 his current tenure as Chairman of CAR, Dr. Cole was director of the Office
 for the Study of Automotive Transportation (OSAT) at the University of
 Michigan Transportation Research Institute. His most recent research has
 focused on strategic issues related to the restructuring of the North
 American industry and trends in globalization, technology, market factors,
 and human resource requirements.
     In addition to his work for CAR, Dr. Cole is a director of the Original
 Equipment Suppliers Association, as well as a non-executive director of
 companies including Campfire Interactive, MSX International, Plastech, R.L.
 Polk, and Saturn Electronics & Engineering. In addition, he is a member of
 the executive committee of the Michigan Economic Development Corporation
 (MEDC) and was recently appointed by Michigan's Governor to the Strategic
 Economic Investment and Commercialization Board and the Michigan Renewable
 Fuels Commission.
     Commenting on the appointment of Dr. David Cole as a non-executive
 director, Ricardo, Inc. president, Dean Harlow, said: "David Cole is a
 leading voice and auto industry advocate both in the United States and
 internationally. I am pleased to welcome him to Ricardo and look forward to
 his valuable advice and guidance as we grow and diversify our business in
 North America."
     With technical centers and offices throughout Europe, the U.S. and
 Asia, Ricardo is a leading independent technology provider and deep-content
 strategic management consultant to the world's transportation sector
 industries. The company's engineering expertise ranges from vehicle systems
 integration, controls, electronics and software development, to the latest
 driveline and transmission systems and gasoline, diesel, hybrid and fuel
 cell powertrain technologies. Its customers include the world's major
 automakers, tier 1 suppliers and leading motorsport teams. The headquarters
 of Ricardo's U.S. operations, Ricardo, Inc., is located at Van Buren
 Township, Michigan. The company's skill base represents the
 state-of-the-art in low emissions and fuel-efficient powertrain technology,
 and can be best summarized: "Ricardo is Fuel Economy." Ricardo plc posted
 sales of $344 million in financial year 2007 and is a constituent of the
 FTSE techMark 100 index -- a group of innovative technology companies
 listed on the London Stock Exchange. For more information visit
 www.ricardo.com.
 
 

SOURCE Ricardo, Inc.