Delphi Acquires Federal-Mogul's Advanced Brake Technology

    FLINT, Mich., March 6 Delphi Automotive Systems
announced today it has acquired a new brake technology from
Federal-Mogul Corporation .  Advanced Disc System (ADS) is an
innovative new concept in foundation brakes -- featuring decreased mass, lower
cost and better fuel economy.  Terms of the transaction were not disclosed.
    
    ADS brake technology features a simplified design that provides steadfast
performance through an assembly that uses fewer components and opens the
possibility of downsizing, or completely eliminating, booster components.
This unique technology has proven it can reduce the mass of a brake corner
assembly by 25 percent and reduce system operating pressure by 50 percent.

    "ADS's cost, weight and performance attributes will offer global original
equipment manufacturers a state-of-the-art solution for their brake system
requirements," said Guy C. Hachey, vice president, Delphi Automotive Systems
and president, Delphi Energy & Chassis Systems.  "We strongly believe ADS
technology has near-term applications that could redefine the future of high-
torque wheel braking."

    With the acquisition of ADS technology, Delphi will assume responsibility
for multiple development arrangements with leading European vehicle
manufacturers.

    "Our investment in this technology clearly fits within Delphi's long-range
strategy for Delphi's global brake systems business line," said Kay Bustard,
business line executive, Delphi braking systems.  "Its characteristics will
also help to increase the speed at which our other new technologies, such as
brake-by-wire, can be brought to market."

    Delphi's acquisition of ADS technology includes all assets, intellectual
property and specialized testing and development machinery related to ADS.
Federal-Mogul's highly focused ADS technology management and engineering team
will transfer to Delphi and assist in bringing this technology to market
quickly.