Delphi Systems Provide Safety, Entertainment and Convenience for New ’Best Ever’ Ford Explorer
May 15, 2006
Delphi content includes Forewarn Dual-Beam Back-Up Aid, rear-seat entertainment and satellite radio
TROY, Mich. - Delphi Corp. is providing significant exterior and interior technologies for what is being referred to as the "best ever" all-new Ford Explorer SUV. The new Explorer will include Delphis Forewarn® Back-Up Aid, DVD rear seat entertainment system and satellite radio receiver.
"Ford is a proven leader in safety innovation" said Beth Schwarting, Delphi Electronics & Safety general director of Sales & Marketing. We are very pleased that Ford chose Delphi for their back-up aid protection"
Delphis Forewarn dual-beam radar back-up aid helps drivers avoid back-up accidents by audibly alerting the driver of objects in the rear vehicle path. These alerts - beeps - vary in intensity and rate to indicate how close the driver is to an object. The Ford Explorer radar-based back-up aid system has the longest rear-sensing detection range available for passenger cars, up to 16.4 feet (5 meters). The larger detection area effectively extends Back-up Aid’s useful speed range-from parking speeds (generally less than 2 mph) to normal backing speeds (up to 7 mph). Also, with the larger detection area, Delphi’s Back-up Aid helps to give drivers more time to avoid impacts.
Delphi is also providing its increasingly popular OEM satellite radio receiver for the "best ever" Explorer. Satellite radio has become one of the fastest growing entertainment mediums in history. Delphis integrated system allows Explorer buyers to enjoy radio like they never have before with crystal clear digital reception. Satellite radio allows listeners in the new Explorer to receive more than 100 channels of coast-to-coast, commercial free programming including news, sports, music, entertainment and more.
Delphis DVD rear seat entertainment system in the Ford Explorer offers rear seat passengers "the best seat in the house" for watching movies and playing video games. Delphis factory-installed rear-seat entertainment systems include features like DVD playback, CD playback, dual infrared wireless headphones and audio/video inputs for any standard video game, camcorder, VCR or other auxiliary devices.
Delphis integrated units match car interiors and feature an 8-inch wide-VGA, LCD color monitor, which offers a crisp and clearer picture. The screen is flush-mounted with the headliner and flips down for use. Rear-seat passengers use an infrared remote to operate the controls for the system.
"We believe that Ford has chosen an awesome entertainment package that will help excite vehicle customers and passengers about the new Ford Explorer" said Ken Erickson, Delphi Integrated Media Systems business line executive. "We believe it significantly increases the ride satisfaction of rear-seat passengers and we are naturally very proud that it is made by Delphi"
Delphi has been producing radios since 1936 and currently produces more than 7 million OEM receivers per year and more than 270 million since its inception. Delphi has also been first in a number of radio new technologies including the first to install a radio in the instrument panel of a vehicle, first push button mechanical radio, first successful signal seeking radio, introduction of the favorite station version of signal seeking radio, introduction of first completely transistorized radio, DVD rear seat entertainment, electronic tuning, MP3 playbacks and first factory-installed mobile satellite radio. For more information on Delphi (OTC:DPHIQ), go to www.delphi.com.
Note: Satellite reception depends on the ability of the antenna to receive a signal. The signal may not be available in buildings or if obstructed (e.g. by mountains, trees, bridges, etc.)
Caution: Forewarn® products are designed to supplement other safety practices by enhancing the drivers awareness of the environment in the path of the vehicle. Responsibility for the safe operation of the vehicle remains with the driver.
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 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 SEC reports, including, but not limited to the annual report on Form 10-K for the year ended December 31, 2005 and its most recent quarterly report on Form 10-Q 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 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. No assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies. Accordingly, the Company urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities and/or securities.
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