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Contact: Fred MinturnMSX InternationalFOR IMMEDIATE RELEASE
    
    248-829-6263DATE:
August 11, 2006
    
    fminturn@msxi.com
 MSX
International, Inc. announces financial results for the second
quarter of fiscal 2006
 WARREN, Mich., August 11, 2006




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http://www.msxi.com




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MSX INTERNATIONAL, INC.
 CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)  for the fiscal quarters and fiscal six months ended July 2, 2006 and July 3, 2005
 Fiscal Quarter Ended
    
    
    Fiscal Six Months EndedJuly 2,
    
    
    July 3,
    
    
    July 2,
    
    
    July 3,2006
    
    
    2005
    
    
    2006
    
    
    2005(in thousands)Net sales
    
    $
    87,160
    
    
    $
    104,566
    
    
    $
    175,780
    
    
    $
    205,655Cost of sales
    
    
    71,636
    
    
    
    88,020
    
    
    
    144,498
    
    
    
    172,614Gross profit
    
    
    15,524
    
    
    
    16,546
    
    
    
    31,282
    
    
    
    33,041Selling, general and administrative expenses
    
    
    6,960
    
    
    
    7,139
    
    
    
    13,760
    
    
    
    15,653Restructuring and severance costs
    
    
    232
    
    
    
    324
    
    
    
    415
    
    
    
    450Income from continuing operations before
interest and income taxes
    
    
    8,332
    
    
    
    9,083
    
    
    
    17,107
    
    
    
    16,938Interest expense, net
    
    
    7,308
    
    
    
    8,967
    
    
    
    14,953
    
    
    
    17,471Income (loss) from continuing operations before
income taxes
    
    
    1,024
    
    
    
    116
    
    
    
    2,154
    
    
    
    (533
    )Income tax provision
    
    
    1,846
    
    
    
    323
    
    
    
    3,497
    
    
    
    1,563Income (loss) from continuing operations
    
    
    (822
    )
    
    
    (207
    )
    
    
    (1,343
    )
    
    
    (2,096
    )Income (loss) from discontinued operations, net of taxes
    
    
    3,785
    
    
    
    (4,237
    )
    
    
    5,060
    
    
    
    (17,184
    )Net income (loss)
    
    
    2,963
    
    
    
    (4,444
    )
    
    
    3,717
    
    
    
    (19,280
    )Accretion for redemption of preferred stock
    
    
    (3,068
    )
    
    
    (2,732
    )
    
    
    (6,137
    )
    
    
    (5,464
    )Net loss available to common shareholders
    
    $
    (105
    )
    
    $
    (7,176
    )
    
    $
    (2,420
    )
    
    $
    (24,744
    )




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MSX INTERNATIONAL, INC.
SUPPLEMENTAL FINANCIAL INFORMATION  for the fiscal quarters and fiscal six months ended July 2, 2006 and July 3, 2005
 Fiscal Quarter Ended
    
    
    Fiscal Six Months EndedJuly 2,
    
    
    July 3,
    
    
    July 2,
    
    
    July 3,2006
    
    
    2005
    
    
    2006
    
    
    2005Net sales
    
    $
    87,160
    
    
    $
    104,566
    
    
    $
    175,780
    
    
    $
    205,655Reconciliation of EBITDA:Operating income
    
    $
    8,332
    
    
    $
    9,083
    
    
    $
    17,107
    
    
    $
    16,938Michigan Single Business and similar taxes
    
    
    390
    
    
    
    514
    
    
    
    734
    
    
    
    1,024EBIT, as defined
    
    
    8,722
    
    
    
    9,597
    
    
    
    17,841
    
    
    
    17,962Depreciation
    
    
    669
    
    
    
    1,120
    
    
    
    1,408
    
    
    
    2,321Restructuring and severance costs
    
    
    232
    
    
    
    324
    
    
    
    451
    
    
    
    450EBITDA before restructuring and severance
costs, as defined
    
    $
    9,623
    
    
    $
    11,041
    
    
    $
    19,700
    
    
    $
    20,733% of sales
    
    
    11.0
    %
    
    
    10.6
    %
    
    
    11.2
    %
    
    
    10.1
    %