ZEELAND, Mich., May 5 /PRNewswire-FirstCall/ -- Gentex Corporation
(Nasdaq: GNTX), the leading supplier of automatic-dimming mirrors to the
worldwide automotive industry, has begun shipping interior and exterior
automatic-dimming mirrors for the new Chairman, SsangYong Motors' luxury
sedan. The Chairman is sold primarily in Korea, with exports to the Middle
East and parts of Europe.
Gentex auto-dimming 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.
The Chairman models include the CM600S and CM600L, which offer, as
standard equipment, the Korean market's first three-mirror, automatic-dimming
system. The CM400 and CM500 come standard with an interior auto-dimming
mirror.
"This is the first three-mirror system sold to a Korean automaker," stated
Gentex Executive Vice President Garth Deur. "We commend SsangYong for taking
such a progressive stance when it comes to offering automatic-dimming mirrors,
and we anticipate that other OEMs will enhance their auto-dimming mirror
packaging in order to remain competitive in the Korean marketplace."
Gentex Corporation (The Nasdaq Stock Market: 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, PSA, 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, +1-616-772-1800, or GENERAL MEDIA CONTACT: Craig
Piersma, +1-616-772-1800, both of Gentex Corporation
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