Provides a full array of traffic flow, incident and weather data with no
monthly or annual fee
Features automatic adjustment to the route and estimated travel times based
on the traffic data
LAS VEGAS, Jan. 8 /PRNewswire/ -- Delphi Corp. announced today its
recently introduced NAV200 portable navigation system now offers a new
traffic information service option that provides up --to -- date incident,
flow and weather data. NAV200, and the all -- inclusive traffic information
service, will be featured at the 2007 International Consumer Electronics
Show.
(Logo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO)
A unique blend of advanced navigation and entertainment features in a
sleek, portable package, the NAV200 comes with preloaded U.S. and Canada
maps to provide voice-guided driving directions that are calculated using
one of the most-trusted mapping databases in the industry.
The NAV200's new traffic information service uses RDS -- TMC (Radio
Data System-Traffic Message Channel) technology, which delivers real-time
traffic and weather reports. This information is displayed to the driver on
the NAV200's easy --to -- read screen. In addition to reporting incident
data - such as accidents and construction zones -- along the NAV200's
programmed route, the service will display average vehicle speeds,
classifying it into stop and go (red), slow (yellow) and light traffic
(green).
Using the RDS -- TMC data, the NAV200 can adapt its recommended route
as needed, offering the driver the opportunity to bypass traffic jams, road
closures and extreme weather. What's more, the NAV200 will adjust the route
duration figure based on the RDS -- TMC flow data to provide adjusted
estimated travel times.
In keeping with the NAV200's competitive pricing, the RDS -- TMC option
is offered as a lifetime subscription with a one -- time, upfront payment.
Once activated, the service is provided for the life of the unit.
"The introduction of the Delphi NAV200 in fall 2006 generated an
enormous amount of enthusiasm," said Max Rogers, Delphi's general director
of consumer electronics, Delphi Product & Service Solutions. "We're seeing
similar excitement and demand for this new service, which offers even more
value by providing daily commuters the assurance that they'll always find
the best route to get where they need to be."
Already a provider of in -- vehicle navigation systems for several of
the world's top original equipment (OE) manufacturers, Delphi brings
unparalleled value, quality and engineering expertise to its retail
products such as the NAV200.
"Delphi's vast experience with OE navigation systems enables us to
incorporate proven technologies and functionality into a portable device
that meets the needs of cost -- conscious consumers," said Adiel Avelar,
Delphi's global navigation product manager. "This means that every consumer
-- no matter what their budget may be -- can have access to the best
technology available."
In addition to its industry -- leading navigational capabilities, the
Delphi NAV200 offers popular entertainment functionality, including a movie
player, music player and picture viewer for use when not navigating.
The NAV200 traffic information kit target price is $199.99 and will be
available soon at http://www.shopdelphi.com.
For more information on NAV200 and its new traffic information service,
visit Exhibit 5206, North Hall at the Las Vegas Convention Center during
the 2007 International Consumer Electronics Show (Jan. 8-11) or visit
http://www.shopdelphi.com . For more information about Delphi (Pink Sheets: DPHIQ)
and its subsidiaries, visit Delphi's media room at http://www.delphi.com/media.
FORWARD LOOKING STATEMENT
This press release, as well as other statements made by Delphi, may
contain forward-looking statements that reflect, when made, the company's
current views with respect to current events and financial performance.
Such forward-looking statements are and will be, as the case may be,
subject to many risks, uncertainties and factors relating to the company's
operations and business environment which may cause the actual results of
the company to be materially different from any future results, express or
implied, by such forward-looking statements. Factors that could cause
actual results to differ materially from these forward-looking statements
include, but are not limited to, the following: the ability of the company
to continue as a going concern; the ability of the company to operate
pursuant to the terms of the debtor-in- possession facility; the company's
ability to obtain court approval with respect to motions in the chapter 11
cases prosecuted by it from time to time; the ability of the company to
develop, prosecute, confirm and consummate one or more plans of
reorganization with respect to the Chapter 11 cases; the company's ability
to satisfy the terms and conditions of the Equity Purchase and Commitment
Agreement with its Plan Investors; the company's ability to satisfy the
terms and conditions of the Plan Framework Support Agreement with GM and
its Plan Investors (including the company's ability to achieve consensual
agreements with GM and its U.S. labor unions on a timely basis that are
acceptable to the Plan Investors in their sole discretion); risks
associated with third parties seeking and obtaining court approval to
terminate or shorten the exclusivity period for the company to propose and
confirm one or more plans of reorganization, for the appointment of a
chapter 11 trustee or to convert the cases to chapter 7 cases; the ability
of the company to obtain and maintain normal terms with vendors and service
providers; the company's ability to maintain contracts that are critical to
its operations; the potential adverse impact of the Chapter 11 cases on the
company's liquidity or results of operations; the ability of the company to
fund and execute its business plan (including the transformation plan
described in Item 1. Business "Potential Divestitures, Consolidations and
Wind-Downs" of the Annual Report on Form 10-K for the year ended December
31, 2005 filed with the SEC) and to do so in a timely manner; the ability
of the company to attract, motivate and/or retain key executives and
associates; the ability of the company to avoid or continue to operate
during a strike, or partial work stoppage or slow down by any of its
unionized employees; and the ability of the company to attract and retain
customers. Other risk factors are listed from time to time in the company's
United States Securities and Exchange Commission reports, including, but
not limited to the Annual Report on Form 10-K for the year ended December
31, 2005. Delphi disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events and/or otherwise.
Similarly, these and other factors, including the terms of any
reorganization plan ultimately confirmed, can affect the value of the
company's various pre-petition liabilities, common stock and/or other
equity securities. Additionally, no assurance can be given as to what
values, if any, will be ascribed in the bankruptcy proceedings to each of
these constituencies. A plan of reorganization could result in holders of
Delphi's common stock receiving no distribution on account of their
interests and cancellation of their interests. Under certain conditions
specified in the Bankruptcy Code, a plan of reorganization may be confirmed
notwithstanding its rejection by an impaired class of creditors or equity
holders and notwithstanding the fact that equity holders do not receive or
retain property on account of their equity interests under the plan. In
light of the foregoing and as stated in its October 8, 2005, press release
announcing the filing of its Chapter 11 reorganization cases, the company
considers the value of the common stock to be highly speculative and
cautions equity holders that the stock may ultimately be determined to have
no value. Accordingly, the company urges that appropriate caution be
exercised with respect to existing and future investments in Delphi's
common stock or other equity interests or any claims relating to
pre-petition liabilities.
SOURCE Delphi Corporation
 back to top
Related links:
http://www.delphi.com/media
http://www.shopdelphi.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/076666.html/
CONTACT:
Carrie Wright of Delphi Corporation,
+1-248-267-8687, or carrie.wright@delphi.com
|
