Delphi Corporation: Delphi, Ford Launch Advanced Affordable Radar in 2010 Taurus

Published in House and Home on Wednesday, July 15th 2009 at 5:39 GMT, Last Modified on 2009-07-15 05:39:21 by Market Wire
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TROY, MI--(Marketwire - July 15, 2009) - Delphi Corporation (PINKSHEETS: [ DPHIQ ]) and Ford Motor Company are launching the industry's first multimode electronically scanning radar (ESR) in the 2010 Ford Taurus, the family sedan segment's first vehicle to offer an advanced forward collision warning system enabled by the technologically advanced ESR.

Delphi's multimode electronically scanning radar is helping Ford to offer an affordable adaptive cruise control system that features collision warning with brake support.

The Adaptive Cruise Control (ACC) system launches in summer 2009 on the 2010 Ford Taurus, Lincoln MKS luxury sedan and Lincoln MKT full-size luxury crossover. The radar uses proven solid state technology with no moving parts and class-leading performance, packaging and durability to help Ford offer consumers an adaptive cruise control system that not only enhances safety and convenience but is affordable to more buyers.

"Ford is pioneering the next frontier of safety, 'active' safety technology that helps avoid crashes, as is evident in the new Taurus, MKS and MKT," said Beth Schwarting, general director Delphi Safety Systems Product Business Unit. "This innovative Delphi technology helps Ford address real-world challenges with one of our most innovative products, our electronically scanning radar." The system warns drivers of a potential collision with an audible alert and pre-charges the brakes so that they react more quickly when the driver engages them.

One of the primary challenges in the design of Delphi's ESR was to combine a wide field of view at mid range with long-range coverage. The ESR provides two measurement modes simultaneously: mid-range that projects 60 meters and provides a 90-degree field of view and long-range that extends 174 meters and provides a 20-degree field of view ahead of the vehicle. Wide, mid-range coverage not only allows vehicles cutting in from adjacent lanes to be detected but also identifies vehicles and pedestrians across the width of the equipped vehicle, while long-range coverage provides accurate range and speed data with effective object discrimination required to identify up to 64 targets in the vehicle's path.

Earlier ACC solutions used multiple-beam radars with mechanical scanning or several fixed, overlapping beams to attain the required view. Electronically scanning radar provides improved performance because there are no moving parts as there are with mechanically scanning radars. In addition, the complete radar module, including electronics and mounting features, is just 173.7 x 90.2 x 49.2 millimeters. This compact package makes it easier to position the sensor on the vehicle without compromising the vehicle's styling.

"Delphi works with customers early in the development of their vehicles to seamlessly integrate our safety systems," said Michael Thoeny, director of North American engineering for Delphi's Safety Systems Product Business Unit. "Our electronically scanning radar combines exceptional performance with durability. This, coupled with our cutting-edge ESR technology, gives Ford a competitive advantage and allows them to provide their customers with a much desired technology." According to the results of a recent MSN Cars survey, adaptive cruise control is one of two technologies that drivers would most like to have on their next vehicle. "We recognize the importance of consumer safety and with our electronically scanning radar, we are able to align customer desires with safety technologies at an attractive price," added Thoeny.

Delphi is a leading global supplier of mobile electronics and transportation systems, including safety, powertrain, steering, thermal, controls & security systems, electrical/electronic architecture, and in-car entertainment technologies.

For more information about Delphi safety products, visit [ www.delphi.com/4safe ]

FORWARD-LOOKING STATEMENTS

This press release as well as other statements made by Delphi may contain forward-looking statements 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. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. 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 partial temporary accelerated payments agreement and Advance Agreement with GM, its debtor-in-possession financing facility, and to obtain an extension of term or other amendments as necessary to maintain access to such Advance Agreement and facility; the Company's ability to obtain Court approval with respect to motions in the Chapter 11 cases prosecuted by it from time to time, including the ability of the Company to obtain Court approval of the interim Liquidity Support Agreement with GM and approval to modify the Plan which was confirmed by the Court on January 25, 2008, to confirm such modified plan or any other subsequently filed plan of reorganization and to consummate such plan or other consensual resolution of Delphi's 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 as described in the proposed modifications to its Plan as filed with the Court and to do so in a timely manner; 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 or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2008 filed with the United States Securities and Exchange Commission, including the risk factors in Part I. Item 1A. Risk Factors, contained therein and in Part II. Item 1A. Risk Factors in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2009. 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 prepetition liabilities, common stock and/or other equity securities. It is possible that Delphi's common stock may have no value and claims relating to prepetition liabilities may receive no value.

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