Delphi Offers New Flexible Beam Technology
Latest in suite of connection systems technology, more compact, cost-effective
Jun 29, 2006, WARREN, Ohio -- Delphi Corp. is offering the industry’s first automotive application of its patented Flexible Beam Technology (FBT), which will create cost-effective and versatile solutions for its connection systems customers around the world.
Building on its successful lineup of GT 150 and 280 unsealed series connectors, Delphi Connection Systems has modified the series of female connectors to expand its United States Council for Automotive Research (USCAR) portfolio of products. This standardization improves cost and complexity by delivering a small, more compact system that saves space and reduces the total number of required assembly parts. At the same time, FBT also improves quality, reliability and serviceability.
“Flexible beam technology provides audible and tactile feedback so the operator can be confident a connection has been made,” said John Morello, senior development engineer, Delphi Connection Systems. “The patent-pending build fixture ensures proper terminal position.”
Flexible Beam Technology: How It Works
The mating terminal lead-in is molded into the connector, along with a rigid retention ramp on one side of the cavity wall and a flexible beam on the other.
When the terminal is inserted, the flexible beam acts like a spring, holding the terminal against the retention ramp. These new features on the terminal and in the connector cavity create a higher terminal-to-connector retention force. Removing the terminal is also simple, using a tool provided by Delphi, with no secondary pieces to remove. The entire process exceeds ISO and USCAR electrical, mechanical and environmental performance criteria.
“We are providing a technological advancement in this FBT by creating terminal position assurance without the need for additional pieces,” said Brian Kogut, product manager, Delphi Connection Systems. “This allows for fewer pieces, which drives cost savings without sacrificing performance. These new components are great examples of Delphi’s commitment to remaining a global leader in connection systems and in development of electrical/electronics architecture.”
The simple design can be molded and manufactured at Delphi locations around the world, helping ensure on-time delivery to global customers.
“We are proud to be at the forefront in introducing this new technology and we look forward to working with manufacturers to enable them to reap the many benefits of flexible beam technology in their connection systems,” said John McClearn, managing director of Delphi Connection Systems North America.
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, 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. 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.
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