Delphi Grundig Launches New Digital Tachograph
Innovative technology meets new EU standard
Delphi work with TachoControl
HANOVER, Germany, Sept. 21 -- Delphi Corp. will present its new Delphi Grundig digital tachograph for the first time at the International Auto Show (IAA) Commercial Vehicles 2004 in Hanover.
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The digital tachograph is a central control unit which stores journey times, driving and resting times, as well as the speed and the end of a shift. Every driver needs a personalized ID card to operate the tachograph. If needed, the police can then examine the data by making a printout using a master card.
"We see digital tachography not only as a market for the future, but also as an opportunity to establish Delphi Grundig and its Transport & Traffic unit in the long term as a powerful and reliable partner for commercial vehicle manufacturers in Europe," said Udo Krauss, director mobile multimedia Europe at Delphi Grundig.
The digital tachograph will be available in Europe starting in 2005 to coincide with the official introduction date for the new European Union standard (EEC 3821/ 85 Annex 1B) that states all new heavy-goods vehicles above 3.5 tons in weight must have a digital tachograph. The change in the law is to prevent tampering with tachographs and to make monitoring of driving times and resting times more easy.
Delphi Grundig is working with Semmler GmbH TachoControl for sales and aftermarket activities involving the digital tachograph. TachoControl, an experienced manufacturer of measuring equipment, will authorize and train inspection centers and their staff, and equip workshops with the necessary measuring equipment for digital tachography.
"I am convinced that Delphi Grundig and TachoControl can have a strong impact on this market together. The expertise and focus of the two companies complement each other ideally," said Ralf Semmler, Managing Director of Semmler GmbH TachoControl.
TachoControl is a member of both the standardization committee for digital tachographs in Brussels and the German Transport Ministry's working party on implementing EU directive 1360/2002 Annex 1 B in the German Highway Code STVZO, Paragraph 57 b, and also participates in the ISO standardization committee.
In the future, Delphi Grundig will take on the growing requirements for logistical processes and telematic technologies. As a supplier of on-board units (or on-board operating systems) for the world's first satellite-based toll collection system, Delphi Grundig currently provides the professional hardware which sets the standards for its type. The development and integration of information and data processing systems for the entire vehicle, as well as the wireless connection of mobile terminal equipment and data media, will be a major focus for Delphi Grundig and its Transport & Traffic unit.
The Transport & Traffic section of Delphi Grundig will be present as part at the main Delphi stand in Hanover in Hall 17, Stand A06.
For more information, visit Delphi at http://www.delphi.com/media or Delphi Grundig at http://www.delphigrundig.com/ .
All statements contained or incorporated in this press release which address operating performance, events or developments that we expect or anticipate may occur in the future (including statements relating to future sales, cash flow or earnings expectations, savings expected as a result of our global restructurings or other initiatives, portfolio restructuring plans, volume growth, awarded sales contracts and customer diversification expectations or statements expressing general optimism about future operating results) are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's current views and assumptions with respect to future events. Important factors, risks and uncertainties which may cause actual results to differ from those expressed in our forward-looking statements are discussed in detail in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2003. In particular, the achievement of projected levels of revenue, earnings, cash flow and debt levels will depend on our ability to execute our portfolio and other global restructuring plans in a manner which satisfactorily addresses any resultant antitrust or labor issues and customer concerns, any contingent liabilities related to divestitures or integration costs associated with acquisitions, and other matters; our continued ability to diversify our customer base and still maintain existing GM business; the continued protection and exploitation of our intellectual property to develop new products and enter new markets; and our ability to capture expected benefits of our cost reduction initiatives so as to maintain flexibility to respond to adverse and cyclical changes in general economic conditions and in the automotive industry in each market we operate, including customer cost reduction initiatives, potential increases in warranty costs, pension contributions, healthcare costs, disruptions in the labor, commodities or transportation markets caused by terrorism or war and other changes in the political and regulatory environments where we do business. Delphi does not intend or assume any obligation to update any of these forward-looking statements.
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