Fluid Routing Solutions Completes Sale to an Affiliate of Sun Capital Partners

ROCHESTER HILLS, Mich.--(Business Wire)--
Fluid Routing Solutions, Inc. ("FRS"), a leading manufacturer of fuel systems
and fluid management systems for the light vehicle industry, today announced
that it has completed the sale of its fuel systems and hose extrusion operations
to an affiliate of Sun Capital Partners, Inc. ("Sun Capital"). The parent
company of FRS filed for voluntary protection under Chapter 11 of the Bankruptcy
Code on February 6, 2009 in the U.S. Bankruptcy Court for the District of
Delaware (the "Bankruptcy Court"), due to liquidity constraints primarily caused
by a severe contraction in automotive industry volumes. To facilitate the
restructuring process and allow for a sale of the ongoing business, an affiliate
of Sun Capital agreed to provide a debtor-in-possession loan facility ("DIP") to
FRS upon the bankruptcy filing. The DIP financing allowed FRS to continue to pay
employees and vendors, thus providing operational and financial stability as it
proceeded with the sale process of the fuel and hose extrusion businesses. An
affiliate of Sun Capital served as the stalking horse bidder for the fuel and
hose extrusion assets under Section 363 of the U.S. Bankruptcy Code, won the
auction, and the Bankruptcy Court approved the sale on March 24, 2009. The fuel
and hose business will retain the FRS name.

"With Sun Capital`s DIP financing and acquisition of the fuel and hose extrusion
operations, we were able to successfully emerge from our reorganization under
Chapter 11, while maintaining normal operations in all of our facilities, save
approximately 900 jobs which would have been otherwise lost, and provide
continuity of supply to our customers," said Mike Laisure, Chief Executive
Officer, Fluid Routing Solutions. "We are pleased that we can continue to focus
on serving our customers, with a strong balance sheet and a leaner and more
focused organization that will position FRS to compete more effectively in our
fuel systems and hose product categories."

Additional information about the FRS restructuring is available at site,
www.fluidrouting.com. For access to Bankruptcy Court documents and other general
information about the Chapter 11 cases, please visit
http://chapter11.epiqsystems.com/fluidrouting.

About Fluid Routing Solutions, Inc.

FRS is a leading designer and manufacturer of innovative, highly-engineered fuel
management systems and hose extrusion products for major OEMs in the automotive
industry. Fuel management systems products are fuel filler assemblies. Hose
extrusion products include several forms of manufactured hose including bulk
hose, formed hose and radiator hose. FRS has a well established supplier base
predominately based in North America and benefits from many long-term
relationships. The Company sells to automotive manufacturers in North America.
The Company`s primary end customers include Toyota, General Motors, Ford and
Chrysler. FRS has three production facilities located in Florida, Michigan, and
Tennessee.

About Sun Capital Partners, Inc.

Sun Capital Partners, Inc. is a leading private investment firm focused on
leveraged buyouts, equity, debt, and other investments in market-leading
companies that can benefit from its in-house operating professionals and
experience. Sun Capital affiliates have invested in and managed more than 200
companies worldwide since Sun Capital`s inception in 1995 with combined sales in
excess of $40 billion. Sun Capital has offices in Boca Raton, Los Angeles and
New York, and affiliates with offices in London, Paris, Frankfort, and Shenzhen
and Shanghai, China. Sun Capital has been one of the most active private
investment firms in the U.S., closing 161 transactions from 2002 through 2008,
including 30 acquisitions in 2005, 33 transactions in 2006, 39 transactions in
2007 and 26 transactions in 2008 and was the recipient of the M&A Advisor
Private Equity Firm of 2008 award.

Sun Capital Partners, Inc.
David Blechman, Principal, 212-588-0623

Copyright Business Wire 2009