Delphi’s Custom-Engineering Capabilities Featured at OFC/NFOEC

Delphi Connection Systems to Highlight Leading-Edge Fiber Optic Systems That Respond to Specific Customer-Driven Engineering Challenges.

March 2, 2006, WARREN, Ohio -- Delphi Corporation’s comprehensive ability to meet the wide-ranging and divergent interconnect performance requirements of the fiber optics market will be on full display next week in Anaheim, Calif. at a venue billed as the world’s largest optical communications event.

Delphi Connection Systems will be showcasing numerous defense, aerospace and commercial fiber-optic interconnect technologies beginning on March 7 at the Anaheim Convention Center, site of the Optical Fiber Communication Conference and Exposition/National Fiber Optic Engineers Conference (OFC/NFOEC) in Anaheim, Calif.

In addition to a number of off-the-shelf fiber optic connection systems families, Delphi Connection Systems (Booth No. 3321) will also feature at the OFC/NFOEC gathering’s three exposition days examples of its unique competency for developing robust, thoroughly tested custom-engineered technologies that are delivered in a package bringing greater customer value through leading-edge, program-specific performance characteristics. They also demonstrate Delphi Connection Systems’ ever-expanding product portfolio.

“We have forged a long-running leadership position in the fiber optic communications market that is owed to our strengths in meeting unique customer interconnect design challenges with high performing, custom-engineered products,” said Ric Franzi, business line manager of Delphi Connection Systems’ Military/Aerospace and Commercial segment. "We understand our customers’ needs because we understand their businesses and experiences. This comes through product engineering teams bearing years of experience and contemporary skills, strong relationships with our customers throughout their enterprise, and an optimally balanced manufacturing footprint that our customers find attractive.

“It is this ability to solve our customers’ challenges that continues to refine Delphi Connection Systems’ role as the go-to source for advanced engineered interconnect systems.”

One of those “custom” case studies includes the development of a hybrid connector meeting MIL-C-28876 specifications. The customer, noted Franzi, needed an application that controlled electrical and fiber optic signals in the same contained package.

Delphi Connection Systems developed a hybrid version of its M28876 FO connector, an innovation that improved RFI (radio frequency interference) grounding, utilized a dielectric insert to isolate electrical contacts, and incorporated sealed contacts and termini found in Delphi’s expansive component portfolio. The result was a cost-effective hybrid connector that saved the customer space, in an application targeting communications systems, oil field exploration and RF systems, among others.

Another hybrid approach met a customer’s request for a reliable, modified low-cost connector for remote broadcast systems. Delphi Connection Systems developed a flange-mount connector with a high-strength plastic insert. The lightweight aluminum flange design, which incorporated the supplier’s existing M29504 14/15 termini, allowed for efficient box interface, and featured a removable end-face option.

“Our flange-mount receptacle design allowed the customer to realize improved optical performance at a lower system level cost,” said Franzi of the hermaphroditic hybrid connector, developed for tactical communications and industrial sensor systems as well.

Featured connection systems at OFC/NFOEC also include the Snap Lock and Edgecard families, the company’s hermaphroditic, harsh environment DFOCA offerings, and the multi-configurable MIL-C-28876 product lineup, among others.

Delphi Connection Systems has more than 40 years of experience in the design and supply of defense electronics and harsh-environment fiber optic interconnects for various military/aerospace, commercial and broadcast applications, working directly with government defense programs and leading contractors in the industry. It currently has interconnect technology in more than 40 military programs.

Delphi Connection Systems designs and manufactures advanced interconnect components that are used in computer & peripheral, telecom, broadcast, semiconductor, commercial aviation, medical, automotive and military markets. To learn more about Delphi Connection Systems, visit www.delphi.com/connect.

For more information about Delphi Corporation (OTC: DPHIQ), visit 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”) 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 fund and execute its business plan; the ability of the Company to attract, motivate and/or retain key executives and associates; 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. As described in the Company’s public statements in response to the request submitted to the United States Trustee for the appointment of a statutory equity committee, holders of Delphi’s common stock and other equity interests (such as options) should assume that they will not receive value as part of a plan of reorganization. In addition, 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 prepetition liabilities.

Contact Information

Doug Hoy

Delphi Corporation

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