TROY, Mich., Oct. 4 /PRNewswire/ -- Delphi Corporation will showcase
some of its advanced technologies that will add new features and functions
for future vehicles during the 2006 SAE Convergence conference in Detroit,
Oct. 16-18.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO )
Delphi will demonstrate some of its electronic capabilities in
entertainment and communication, safety, controls & security, hybrid
powertrain, electrical/electronic distribution, connectors and smart
electrical centers at booth #100 in Cobo Center, Wayne Hall.
In addition, Jeff Owens, president of Delphi Electronics & Safety
division, will participate in the 2006 Convergence Blue Ribbon Panel
titled: "Challenges and Opportunities in Supplier and OEM Cooperation in
the Field of Embedded Electronic Software Controls." The Blue Ribbon Panel
will convene on Monday, Oct. 16 in the Riverview Ballroom from 10 a.m. to
noon.
Delphi Electronics & Safety's Bob Schumacher, advanced product &
business development general director, will chair the technical session
titled: "Reinvent Infotainment: Content Services." (Wednesday, Oct. 18, 9
a.m.-12 p.m. in Rm. M3-131/132.)
Ken Erickson, Delphi Electronics & Safety vice president, entertainment
and communications product business unit, Asia & South America Lead, will
present a paper during the session that Schumacher will chair titled:
"Vehicle Infotainment Electronics Trends & Opportunities."
"We are excited to be a part of the 2006 SAE Convergence show," said
Owens. "Having strong capabilities in both mechanical and electronics
systems has allowed Delphi to play a major role in the convergence of the
two systems and consequent reinvention of the automobile. It has been
challenging as well as fun to experience the past three decades of this
major upgrade in vehicle transportation."
Entertainment and Communications
Entertainment and communication in the form of the radio were the
primary electronics on the vehicle when the convergence of electronics
began, and they are still a huge part of electronics on a vehicle as
vehicle makers add rear seat entertainment systems, satellite radios,
navigation systems and telematics. Delphi will demonstrate OEM radios with
iPod connectivity, HD (High Definition) radio and DVB-T (Digital Video
Broadcast - Terrestrial). All of these technologies are designed to raise
the entertainment satisfaction levels of customers with their vehicles.
Delphi will also show low-cost telematics used for tracking cargo and other
assets.
Safety Systems
Safety systems have come a long way in the past 30 years, and Delphi
has invested much of its R&D into this area.
Combining the innovative minds of both mechanical and electronic
engineering from industry and government has helped to take safety to
higher levels. The trend is now moving past passive systems to include
active safety systems. Delphi will demonstrate passive safety systems
designed to mitigate injuries as well as active safety systems developed to
help prevent accidents. The systems include: low-risk deployment airbags,
multifunctional steering wheels, low-cost side alert, resettable seat belt,
drowsy/distracted driver and a single integrated camera that provides
multiple functions including lane departure warning, rain sensing,
headlight control, pedestrian recognition and active night vision.
Controls and Security
Electronics have also made vehicle operation more convenient and added
safeguards to prevent theft or tampering through the years. Delphi will
showcase its new keyless security system for motorcycles. In addition,
Delphi will showcase its new Integrated Instrument panel center stack and a
touch less protection system on a minivan.
In addition, Delphi will showcase its new keyless security system for
motorcycles.
Powertrain
While electronics have done much to improve powertrain in the last 30
years, many experts believe that the next major breakthrough in
transportation will come in this area. As world events and energy continue
to be issues impacting transportation, Delphi is investing in technologies
to help enable vehicles to handle the future like flexible fuel, hybrid
electric vehicles and fuel cells. Delphi will showcase its hybrid
electrical propulsion systems and will announce new customers for those
systems at Convergence.
Electronic/Electrical Architecture
Made up of the electrical distribution and electronic components,
Delphi's E/E architecture methodology ensures the optimal selection of
vehicle data networks, diagnostics, fault tolerance, physical/functional
partitioning, and power and signal distribution. Delphi has competencies
spanning across multiple product business units dedicated to this vital
expertise, and a manufacturing and engineering footprint to support it in
27 countries across the globe.
Connection Systems
Delphi offers over 200,000 different types of connection systems --
everything from lightweight and miniaturized connectors to solutions for
advanced hybrid vehicle systems. On display will be the latest connection
systems product offerings including press-fit compliant pin technology, USB
consumer ports and RF Fakra connections.
Electrical Centers
Also on display will be Delphi's electrical distribution units that
route signals and ensure proper circuit protection throughout the vehicle.
One such technology, the Delphi Battery Disconnect Safety Device, could
prevent fires by pyrotechnically disconnecting vehicle batteries from
unfused cables in case a short-circuit results from a collision.
For more information on Delphi (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") financing 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 execute its business plans, including the
transformation plan described in the Company's March 31, 2006 press
release, and to do so in a timely fashion; 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
interest 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
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Related links:
http://www.delphi.com/media
Photo Notes:
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CONTACT:
Milton Beach, +1-765-451-0655,
Milton.beach@delphi.com , or Barb Barkley, +1-330-373-5685,
Barbara.a.barkley@delphi.com , both of Delphi Corporation
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