Kionix Partners With Kefico to Supply MEMS Accelerometers
ITHACA, N.Y., Feb. 10 -- Kionix, Inc. announced today that it will supply MEMS accelerometers to Kefico Corporation of Seoul, Korea for state-of-the-art electronic control systems for the automotive industry. Kefico's new vehicle control technology, augmented by Kionix's high-performance accelerometers, has recently won a multi-year contract with one of the world's leading suppliers of automotive systems. (Logo: http://www.newscom.com/cgi-bin/prnh/20011112/NYM019LOGO ) Kefico's choice of Kionix is consistent with the Kefico vision of "creating a superior automobile culture" through cooperation with companies such as Kionix that offer the most advanced, high-performance technology. Jael-il Bae, Managing Director of Kefico's Engineering and Technology Institute, is delighted that a long-term agreement with Kionix has been reached. "Kionix accelerometers provide the high performance required for our advanced systems, and this strategic partnership will assure our competitiveness and leadership in vehicle control technology." "Kionix is pleased to cooperate with Kefico, a global supplier of automotive systems," said Greg Galvin, Kionix's President and CEO. "We targeted the automotive industry with our high-performance accelerometers, and constructed a world-class MEMS production facility to support high-volume automotive requirements. The customer response to Kionix's technology has been excellent, and we are excited about expanding our automotive market presence with Kefico." About Kefico The Kefico Corporation was established in 1987 as a joint venture among Hyundai Motor Company of Korea, Robert Bosch GmbH of Germany, and Mitsubishi Electric Corporation of Japan for the development, manufacture, and sales of electronic components for automotive systems, Engine Management Systems (EMS), and Transmission Management Systems (TMS). About Kionix Kionix, Inc. of Ithaca, New York was founded in 1993. The Company enjoys a strong reputation for innovative MEMS product design, process engineering, and quality manufacturing. Recent products developed by Kionix include inertial sensors, microfluidic systems, microrelays, micromirror arrays, and ultra-high density data storage devices. Kionix's MEMS products are being delivered to diverse industries such as automotive, consumer electronics, and biotechnology. Contact: Kionix, Inc. 36 Thornwood Drive Ithaca, New York 14850 (607) 257-1080 http://www.kionix.com Jeanette P. Shady Director, External Communications jshady@kionix.com