Industry Veteran Jeff Newport Named President of Goldshield Fiberglass

DECATUR, Ind., Feb. 16, 2011 /PRNewswire/ — Goldshield Fiberglass, Inc., an
industry leader in custom molded composite products across a variety of
industries including heavy truck and RV, today named Jeff Newport as company
president. Newport leaves his current role as production manager for Fleetwood
RV, Inc. to take Goldshield’s highest leadership position. As president, Newport
will have full P&L responsibility and will oversee the company’s entire
operations.

Newport brings to his new role over 15 years of leadership experience at various
companies in the recreational vehicle and fiberglass industries, including
Fleetwood RV, Dutchmen Manufacturing, and Rinker Boats. He also briefly served
as Goldshield’s general manager in late 2009.

“Jeff’s in-depth understanding of fiberglass and its many applications; his
expertise in manufacturing and operations; and strong leadership ability are
just a few of the intangibles that make him the ideal candidate for this very
important role,” said Randall Swift, CEO of Allied Specialty Vehicles, Inc.,
Goldshield Fiberglass’ parent company. “He has a clear vision for the future of
Goldshield Fiberglass and I am confident that he is right person to take the
company to a whole new level.”

“As president of Goldshield Fiberglass, I have three main goals,” said Newport.
“First, to achieve aggressive sales growth by diversifying our customer base and
expanding our product offering; second, to lead the industry by providing our
customers with high-quality, high-value products and services; and third, to
incorporate Lean thinking in every facet of our business. I am excited about the
opportunities these goals present our company, and I know that our team will be
able to rise up to the challenge and achieve them.”

For more information on Goldshield Fiberglass, Inc., call 1-260-728-2476 or
visit www.goldshield.com.

About Allied Specialty Vehicles, Inc.

ASV, with revenue of approximately $1 billion, is a market leader in three
industry segments: Fire & Emergency, Recreational Vehicles, and Commercial. The
Company was formed on August 25, 2010 through the combination of four existing
portfolio companies of AIP: E-ONE, Inc.; Collins Industries, Inc.; Halcore
Group, Inc.; and Fleetwood RV, Inc.

About Goldshield Fiberglass, Inc.

For more than 25 years, Goldshield Fiberglass, Inc. has developed creative
solutions to its customers’ manufacturing challenges. Goldshield Fiberglass,
Inc. has more than 260,000 square feet of modern manufacturing facilities in two
Decatur, Ind. locations, with some of the most advanced technology in the
fiberglass and composite industries.

SOURCE Goldshield Fiberglass, Inc.