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McLaren Traction and Delco Remy International Unit Join Forces

4 November 1999

McLaren Traction Technologies and Delco Remy International Unit Join Forces to Bring Gerodisc to Automotive Aftermarket

    LIVONIA, Mich., Nov. 3 -- McLaren Traction Technologies, a
leader in the design and development of advanced automotive traction control
systems, and Tractech, a subsidiary of Delco Remy International, Inc.,
, have announced a joint project to introduce McLaren's patented
Gerodisc technology into aftermarket and niche market applications.
    Gerodisc is a patented, state-of-the-art traction control device featuring
a unique tunable system that continuously monitors driving conditions and
changes the power distribution to each driving wheel accordingly.  This
technology is currently licensed to tier-one and OEM companies and is in
production as a key component of Daimler Chrysler Jeep's Grand Cherokee, Jeep
Quadra-Trac II transfer case and the Jeep Quadra-Drive full time four wheel
drive system.  It was designed and developed by McLaren Traction Technologies
Division, formerly ASHA Corporation.
    Tractech, who will manufacture Gerodisc, is widely known for marketing
aftermarket traction devices, including the popular Detroit Locker and the
Detroit Gearless, to car enthusiasts and racers throughout the world.  Ralph
McGee, president and CEO of Tractech said, "This partnership opens important
new opportunities for Tractech.  McLaren's reputation for quality enhances the
value of this product and offers great potential for us in the aftermarket."
Both companies are SEMA (Specialty Equipment Market Association) members and
are ISO 9001 and QS 9000 certified.
    McLaren Traction Technologies is a 1999 Automotive PACE (Premier
Automotive Suppliers Contribution to Excellence) award winner for its patented
Gerodisc traction control system.  President and CEO of McLaren Automotive
Group, Wiley McCoy, stated, "McLaren continues to seek new applications for
this revolutionary technology.  This follows our strategy of licensing capable
companies to manufacture and market Gerodisc systems."  Additional niche
vehicle applications for the Gerodisc will be developed when this product is
brought to the aftermarket.
    McLaren Engines and McLaren Traction Technologies are divisions of McLaren
Automotive Group.  The stock is traded on the Nasdaq Small Cap Market
.
    Delco Remy International, Inc., headquartered in Anderson, Indiana (USA),
became a public company with an initial public offering of stock in December
1997.  The company designs, manufactures, remanufactures and distributes
electrical, powertrain/drivetrain and related components for automobiles and
light trucks, medium- and heavy-duty trucks and other heavy-duty, off-road
vehicles.  Products include starter motors, alternators, engines,
transmissions, torque converters, fuel systems, and traction control systems.
The Company serves the aftermarket and original equipment manufacturer market
principally in North America, as well as in Europe, Latin America and Asia
Pacific.
    Statements in this press announcement, which are not historical facts, are
forward-looking statements that involve certain risks and uncertainties
including, but not limited to risks associated with the uncertainty of future
financial results, acquisition, additional financing requirements, development
of new products and services, the effect of competitive products or pricing,
the effect of economic conditions and other uncertainties detailed in the
Company's filings with the Securities and Exchange Commission.