Delphi Shows Future of Vehicle Electronics at 2006 SAE Convergence Show

October 04, 2006 - TROY, Mich. — 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.

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.

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.

Electrical/Electronic 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 (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”) 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.

Contact Information

Milton Beach

Delphi Corporation

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