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Delphi's Custom-Engineering Capabilities Featured at OFC/NFOEC

   Delphi Corporation logo. (PRNewsFoto)

TROY, MI USA
   Delphi Connection Systems to Highlight Leading-Edge Fiber Optic Systems
       That Respond to Specific Customer-Driven Engineering Challenges

    WARREN, Ohio, March 2 /PRNewswire/ -- Delphi Corporation's comprehensive
ability to meet the wide-ranging and divergent interconnect performance
requirements of the fiber optics market will be on full display next week in
Anaheim, Calif. at a venue billed as the world's largest optical
communications event.
     (Logo:  http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO )
    Delphi Connection Systems will be showcasing numerous defense, aerospace
and commercial fiber-optic interconnect technologies beginning on March 7 at
the Anaheim Convention Center, site of the Optical Fiber Communication
Conference and Exposition/National Fiber Optic Engineers Conference
(OFC/NFOEC) in Anaheim, Calif.
    In addition to a number of off-the-shelf fiber optic connection systems
families, Delphi Connection Systems (Booth No. 3321) will also feature at the
OFC/NFOEC gathering's three exposition days examples of its unique competency
for developing robust, thoroughly tested custom-engineered technologies that
are delivered in a package bringing greater customer value through leading-
edge, program-specific performance characteristics.  They also demonstrate
Delphi Connection Systems' ever-expanding product portfolio.
    "We have forged a long-running leadership position in the fiber optic
communications market that is owed to our strengths in meeting unique customer
interconnect design challenges with high performing, custom-engineered
products," said Ric Franzi, business line manager of Delphi Connection
Systems' Military/Aerospace and Commercial segment.  "We understand our
customers' needs because we understand their businesses and experiences.  This
comes through product engineering teams bearing years of experience and
contemporary skills, strong relationships with our customers throughout their
enterprise, and an optimally balanced manufacturing footprint that our
customers find attractive.
    "It is this ability to solve our customers' challenges that continues to
refine Delphi Connection Systems' role as the go-to source for advanced
engineered interconnect systems."
    One of those "custom" case studies includes the development of a hybrid
connector meeting MIL-C-28876 specifications.  The customer, noted Franzi,
needed an application that controlled electrical and fiber optic signals in
the same contained package.
    Delphi Connection Systems developed a hybrid version of its M28876 FO
connector, an innovation that improved RFI (radio frequency interference)
grounding, utilized a dielectric insert to isolate electrical contacts, and
incorporated sealed contacts and termini found in Delphi's expansive component
portfolio.  The result was a cost-effective hybrid connector that saved the
customer space, in an application targeting communications systems, oil field
exploration and RF systems, among others.
    Another hybrid approach met a customer's request for a reliable, modified
low-cost connector for remote broadcast systems.  Delphi Connection Systems
developed a flange-mount connector with a high-strength plastic insert.  The
lightweight aluminum flange design, which incorporated the supplier's existing
M29504 14/15 termini, allowed for efficient box interface, and featured a
removable end-face option.
    "Our flange-mount receptacle design allowed the customer to realize
improved optical performance at a lower system level cost," said Franzi of the
hermaphroditic hybrid connector, developed for tactical communications and
industrial sensor systems as well.
    Featured connection systems at OFC/NFOEC also include the Snap Lock and
Edgecard families, the company's hermaphroditic, harsh environment DFOCA
offerings, and the multi-configurable MIL-C-28876 product lineup, among
others.
    Delphi Connection Systems has more than 40 years of experience in the
design and supply of defense electronics and harsh-environment fiber optic
interconnects for various military/aerospace, commercial and broadcast
applications, working directly with government defense programs and leading
contractors in the industry.  It currently has interconnect technology in more
than 40 military programs.
    Delphi Connection Systems designs and manufactures advanced interconnect
components that are used in computer & peripheral, telecom, broadcast,
semiconductor, commercial aviation, medical, automotive and military markets.
To learn more about Delphi Connection Systems, visit
http://www.delphi.com/connect .
    For more information about Delphi Corporation (Pink Sheets: DPHIQ), visit
http://www.delphi.com .

    FORWARD LOOKING STATEMENT
    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
  • http://www.delphi.com/connect
    Photo Notes:
    NewsCom: 
    http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO PRN Photo
    Desk photodesk@prnewswire.com
    Company News On-Call:
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    CONTACT:
    Doug Hoy of Delphi Corporation,
    +1-330-373-7647, douglas.d.hoy@delphi.com