Monaco Coach Names Mike Greene Vice President of Engineering

COBURG, Ore., June 16 /PRNewswire-FirstCall/ -- Monaco Coach Corporation , a leader in high-end motorhomes, trailers and fifth wheel towables, announced today that it has hired Michael F. Greene, 56, as Vice President of Engineering.

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"We feel Mike is the right person to lead our engineering department as many new initiatives are being put into operation," stated John Nepute, President of Monaco Coach Corporation. "Mike brings with him a proven record of successes across many business disciplines."

The addition of Mike Greene will help Monaco Coach Corporation continue to set new standards in the RV industry as his knowledge and expertise will improve existing processes and systems throughout the company. The installation of a new Product Lifecycle Management System (PLM), in which Mr. Greene has extensive experience, will further develop Monaco Coach Corporation's business approach by applying a consistent set of advanced business solutions from concept to end of product lifecycle -- integrating people, technology, standards, workflow and information.

"Our goal is to find a way to get to the next generation motorhome, faster and more efficiently," said Mike Greene, VP of Engineering for Monaco Coach. "By combining advanced technology and increasing collaboration, we're able to incorporate a touch of standardization while increasing the ability to share information in a more timely matter across all levels of the organization."

"Mike's experience and expertise in programs such as PLM will be imperative to our success as we implement advanced systems that will enable us to further coordinate product development, engineering and production, and will continue to differentiate Monaco products from the rest of the market," said Nepute.

Prior to joining Monaco Coach, Greene served as Vice President of Manufacturing at a chassis manufacturing company and also previously worked as President of Global Engineering and Technology at Dana Corporation, a leader in the design, engineering, and manufacturing of value-added products and systems for automotive, commercial, and off-highway vehicles. He has an Industrial Technology degree from the University of Wisconsin and an MBA from Bowling Green State University.

Headquartered in Coburg, Oregon, with additional manufacturing facilities in Eastern Oregon and Indiana, Monaco Coach Corporation employs more than 5,900 people and is one of the nation's leading manufacturers of recreational vehicles. The Company offers entry-level priced towable RVs up to custom made luxury recreational vehicle models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie and Royale Coach brand names. For additional information about Monaco Coach Corporation please visit http://www.monaco-online.com/.

CONTACT: Craig Wanichek, Investor Relations Monaco Coach Corporation (541) 686-8011 craig.wanichek@monacocoach.com