Continental Automotive Systems Awarded 2006 Jeep(R) Liberty Contract with Chrysler Group

AUBURN HILLS, Mich., Nov. 3, 2005 -- Continental Automotive Systems has been awarded a contract to supply electronic stability control (known as Electronic Stability Program at the Chrysler Group or ESP) and active rollover protection (known as Electronic Roll Mitigation or ERM) for the 2006 Jeep(R) Liberty.

"We are pleased that the Chrysler Group has chosen to equip the 2006 Jeep(R) Liberty with Continental's ESP and ERM," said Bill Kozyra, president and CEO, Continental Teves North America. "This business speaks to our ability to provide components that manage vehicle dynamics and enhance stability, and is a testimony to our technology leadership and engineering excellence."

The Jeep Liberty is among four other Chrysler Group vehicles to feature Continental's ESP system currently. Using signals from sensors throughout the vehicle, the ESP detects vehicle instability and determines the appropriate brake and throttle adjustments to help keep the vehicle on the road.

The Jeep Liberty also comes equipped with ERM, the next step in vehicle stability control, helping to prevent rollover crashes from occurring. ERM monitors when a driver is about to enter a potential rollover situation, detects the danger, and works to keep the vehicle on all four wheels. The system rapidly applies the brakes with a high burst of pressure to the appropriate wheel(s) to interrupt the rollover before it occurs, potentially reducing the chance of a crash.

ESP and ERM are features of Continental's MK25e electronic brake system. The MK25e is the latest in electronic brake system sophistication, providing a more refined system response. The MK25e, first featured on the 2005 Jeep Grand Cherokee, Chrysler 300C, Chrysler 300 and Dodge Magnum prevents the vehicle's wheels from locking during braking and provides increased vehicle stability. This next-generation electronic brake system is smaller, lighter and more cost-effective to produce than its predecessor. First launched by Continental in 1984, electronic brake systems have achieved 80 percent weight reduction and nearly 90 percent cost reduction over the past two decades.

In addition to the electronic brake system, Continental will supply the Jeep Liberty with serpentine belts and heated seat modules.

With 2004 sales of approximately $15.6 billion (US), Continental AG is a major supplier of brake systems, chassis components, vehicle electronics, tires and technical rubber products. Continental Automotive Systems' North American operation is headquartered in Auburn Hills, Mich. and is a leading global supplier of quality automotive systems that contribute to driver safety, comfort and peace-of-mind. For additional information, visit our media website http://www.contitevesna.com/index2.htm .