TROY, Mich., Feb. 8 /PRNewswire/ -- Delphi Corp. will display four new
innovative commercial vehicle products at next week's Technology and
Maintenance Council's (TMC) 2006 Annual Meeting and Transportation Technology
Exhibition in Tampa, Fla. Feb. 14-17.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO )
The new technologies, to be shown at Delphi's TMC exhibit (booth #614) at
the Tampa Convention Center, include:
* Delphi's new premium CD/MP3 radio, developed specifically for
commercial vehicle customers. The radio, which includes an integrated
satellite receiver, features robust, digital-quality audio in a compact
package at a very competitive price.
* Delphi's advanced roof module, which reflects the growing transition to
fully-integrated packages and single-point supply. Market trends show an
increased interest in moving from several stand-alone modules for in-vehicle
functions to a single module -- one capable of integrating diverse and
multiple functions. These modules can include, but are not limited to,
microphones, internal/external warning cameras, temperature and rain sensors,
and GPS antenna. Other functions can also be integrated, such as interior
lighting, sun roof actuation and garage door controls, among others.
* The Delphi diesel reformer is a break-through technology that will
provide light, medium, and heavy duty vehicle manufacturers with a compelling
alternative to today's exhaust aftertreatment options to meet future emission
standards. Delphi's on-board Diesel Fuel Reformer uses air to convert diesel
fuel into a hydrogen-rich stream of gas called "Reformate" through a catalytic
partial-oxidation process. With this advanced design, Delphi's reformer will
help reduce cost and performance trade-offs while being robust enough to meet
future emissions standards.
* Delphi's Halogen-Free Thin-Wall and Ultra Thin-Wall Cable, which will
help truckmakers improve space utilization without sacrificing other vehicle
features or encroaching on in-cabin flexibility allowing for greater design
and packaging creativity.
"This year is the 50th anniversary of TMC," said Steve Hartwig. "We are
celebrating this milestone by displaying technologies that will help the CV
industry as it embarks on its next 50 years."
Also on display at the show:
Delphi's Solid Oxide Fuel Cell (SOFC) auxiliary power unit is a high-
efficiency, environmentally friendly device that will convert the chemical
energy in conventional vehicle fuels -- such as diesel fuel and gasoline --
directly into useful electrical power by an electrochemical process.
For commercial vehicles, Delphi's SOFC technology will be implemented as
an auxiliary power unit (APU) to help reduce the need for engine idling.
Today, for example, truck operators use diesel engine APUs and other anti-
idling technologies to reduce the need for operating their primary engines for
climate control during rest periods.
The Delphi SOFC APU will provide an energy efficient, compact, quiet and
low-emissions alternative to those technologies. An APU will also make it
possible to power other electrical and electronic devices in the vehicle
without operating the primary engine or plugging into "Shore Power" rest stop
sites.
In planned variations, the Delphi SOFC APU will also be able to power
current belt-driven vehicle features (e.g. engine cooling fan, water pump,
etc.), thus also removing those loads from the primary engine.
Capable of carrying up to 200 amps, Delphi's family of new high-power
"Power Pack" connection systems features a silver-plated terminal design that
allows the connection system to withstand temperatures of up to 155 degrees C.
It also provides ease-of-assembly benefits, with its hand engage/disengage
capability and its indexed configuration, which is designed to prevent
plugging misalignment upon installation.
Delphi diesel engine oil condition sensors are a reliable and cost
effective method to help maximize useful oil and filter life, which can help
minimize oil maintenance costs and vehicle downtime. The sensor can help
protect the engine by helping alert the operator when oil quality falls
outside specified parameters, which could be either due to the oil exceeding
its useful life or a symptom of an engine problem. The resulting longer oil
change intervals will enable reducing the environmental effects of used oil
and oil filter disposal.
Delphi's approach to CV safety includes forming a virtual 360-degree
cocoon around the vehicle. During TMC, Delphi will demonstrate several of its
current and future safety products, including Forewarn(R) Pre-crash Sensing,
Forewarn Forward Collision Warning, Forewarn Smart Cruise Control with Headway
Alert, Forewarn Lane Departure Warning, Forewarn Active Night Vision, Forewarn
Radar Side Alert, Forewarn Turn Assist, Forewarn Back-up Aid, Forewarn Drowsy
Driver Alert and Driver Distraction Alert and Resettable Seat Belt Retractor.
For more information about Delphi Corporation (Pink Sheets: DPHIQ), visit
http://www.delphi.com .
This press release, as well as other statements made by Delphi may contain
forward-looking statements within the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, 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 ("DIP") facility; the Company's ability to
obtain court approval with respect to motions in the chapter 11 proceeding
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; 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; the ability of
the Company to attract, motivate and/or retain key executives and associates;
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, 2004 and its most recent
quarterly report on Form 10-Q for the quarter ended September 30, 2005 and
current reports on Form 8-K. 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 interest and
cancellation of their interests. As described in the Company's public
statements in response to the request submitted to the United States Trustee
for the appointment of a statutory equity committee, holders of Delphi's
common stock and other equity interests (such as options) should assume that
they will not receive value as part of a plan of reorganization. In addition,
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
prepetition liabilities.
SOURCE Delphi Corporation
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Related links:
http://www.delphi.com/media
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO PRN Photo
Desk photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/076666.html
CONTACT:
Andrea Knapp of Delphi Corp.,
+1-248-813-2985, Andrea.knapp@delphi.com
NOTE TO EDITORS: To set up an interview or to schedule an exhibit
tour, contact Andrea Knapp +1-248-813-2985 or
andrea.knapp@delphi.com .
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