Stephen P. Tessler Elected Chairman of The Corporation for Manufacturing Excellence (Manex)

HAYWARD, CALIF. - AUGUST 4, 2006 - The Board of Directors of The Corporation for Manufacturing Excellence (Manex) is pleased to announce that Stephen P. Tessler, Senior Vice President and Manager of Business Development and Marketing of Diablo Valley Bank, has been elected Chairman of the Board of the company.

"We are delighted that Steve has accepted the position as Chairman," said Brent Meyers, President & Chief Executive Officer. "His dedication to the organization and the clients we serve -- combined with his experience, strategic insight and leadership ability - will enable us to continue to accelerate our tremendous growth."

"With the dramatic changes taking place in the manufacturing industry, Manex is uniquely positioned to provide manufacturers, distributors and their supply chains with the innovative services needed to compete on a global scale," said Tessler. "I look forward to working shoulder-to-shoulder with my colleagues to take Manex - and our clients - to the next level of growth."

Tessler is currently Senior Vice President and Manager of Business Development and Marketing for Diablo Valley Bank. Prior to joining Diablo Valley Bank, he was Director of Business Development and Marketing for CivicBank of Commerce. With over 25 years of experience in banking and accounting with leading financial institutions including Wells Fargo Bank, City National Bank, Laventhol and Horwath, and John F. Forbes & Company, Tessler has significant business development and marketing experience with a focus on serving the diverse needs of small to mid-market companies. A native of San Francisco, Tessler attended both San Jose State and Golden Gate Universities.

About Manex
Founded in 1995, The Corporation for Manufacturing Excellence (Manex) (www.manexconsulting.com) provides a broad array of proven advisory and implementation solutions exclusively to manufacturers, distributors and their supply chains, enabling them to increase growth, productivity, quality and profitability. Manex delivers high-impact solutions in four key areas: strategy, people, process and performance. Meaningful, rapid impact and ROI are achieved through a modular-yet-holistic approach encompassing corporate strategy and planning, marketing strategy, training and development, lean manufacturing, supply chain and logistics, Six Sigma, ISO and performance management systems.