Eaton Will Supply Electronic Differentials for Future Chrysler Group Platform

    SOUTHFIELD, Mich.--Jan. 15, 2003--Diversified industrial manufacturer Eaton Corporation announced today that its EGerodisc(TM) electronic differential will be used on the front and rear axles of a future Chrysler Group vehicle platform. Financial details of the agreement were not disclosed.
    "Chrysler Group's decision to use the EGerodisc(TM) differential technology will set an industry standard for those seeking safety, superior traction and ultimate mobility," said Stephen Buente, senior vice president and group executive -- automotive. "This hydraulically-controlled, active differential will provide exceptional performance under the most demanding conditions."
    Eaton electronically controlled differentials provide an enhanced level of traction on variable terrain and surfaces. EGerodisc(TM) differentials are fully controllable "active differentials." EGerodisc(TM) differentials may be integrated with ABS and stability control systems.
    Eaton, the world's largest producer of automotive differentials and engine valves, is a leading provider of automotive engine air management and fuel economy systems. Eaton's automotive business also supplies market-leading superchargers, transmission control modules and patented ULV(TM) Ultralite engine valves for improved performance and fuel economy. For more information about Eaton's automotive products and businesses, visit www.automotive.eaton.com.
    Eaton Corporation is a global $7.3 billion diversified industrial manufacturer that is a leader in fluid power systems; electrical power quality, distribution and control; automotive engine air management and fuel economy; and intelligent truck systems for fuel economy and safety. Eaton has 48,000 employees and sells products in more than 50 countries. For more information, visit www.eaton.com.