ZEELAND, Mich., March 10 /PRNewswire-FirstCall/ -- Gentex Corporation
(Nasdaq: GNTX), the leading supplier of automatic-dimming mirrors to the
worldwide automotive industry, has begun shipping interior automatic-dimming
mirrors for the 2004 Peugeot 407. It's Gentex's first mirror program with
Peugeot or any French automotive manufacturer.
Gentex mirrors automatically darken to reduce glare from the headlamps of
vehicles approaching from the rear. The brighter the glare, the darker the
mirrors become, making nighttime driving safer.
For most of the European market, a Gentex interior mirror will be standard
on the top trim level and will also be part of a telematics package,
independent of the trim level. In some other markets, a Gentex interior
mirror will also be standard on the medium trim level. The vehicles will be
sold in Western and Eastern Europe, South America and Asia.
"Peugeot is the first French automaker to use a Gentex mirror, so this
program opens the door to a whole new market," said Garth Deur, Gentex
Executive Vice President. "We opened an office in France a couple of years
ago in order to begin working with the French manufacturers, and now this
investment is beginning to pay off. We look forward to expanding our share in
that market by providing innovative and proprietary technology and solutions
to the automakers in France."
Gentex Corporation (Nasdaq: GNTX) is an international company that
provides high-quality products to the worldwide automotive industry and North
American fire protection market.
The Company develops, manufactures and markets interior and exterior
automatic-dimming automotive rearview mirrors that utilize proprietary
electrochromic technology to dim in proportion to the amount of headlight
glare from trailing vehicle headlamps. More than 95 percent of the Company's
revenue is derived from the sale of those products to the world automotive
industry.
Gentex was the first company in the world to successfully develop and
produce a commercial automatic-dimming rearview mirror. After more than 15
years of supplying these products in the highly competitive global automotive
industry, the Company remains the leading supplier of these mirrors. Gentex
OEM customers include Acura, Audi, Bentley, BMW, DaimlerChrysler, Fiat, Ford,
General Motors, Honda, Hyundai, Infiniti, Isuzu, Kia Motors, Land Rover,
Lexus, Mazda, Mitsubishi, Nissan, Opel, Renault Samsung, MG Rover, Rolls
Royce, SsangYong Motors, Toyota, Volkswagen and Volvo Car Corporation.
Founded in 1974, Gentex has its manufacturing facilities in Zeeland,
Michigan, and automotive sales and engineering offices in Detroit, Michigan;
Germany, Japan, the United Kingdom, France and Korea. The Company is
recognized for its quality products; for its proprietary manufacturing skills
and equipment and application of world class manufacturing principles; for its
commitment to developing and maintaining a highly skilled workforce, and for
encouraging employee ownership of the Company's stock.
SOURCE Gentex Corporation
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Related links:
http://www.gentex.com
CONTACT:
Financial media and investor contact: Connie
Hamblin, or general media contact: Craig Piersma, of Gentex
Corporation, +1-616-772-1800
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