ITT Automotive Wins Electronic Stability Program Contract From Toyota

20 April 1998
ITT Automotive Wins Electronic Stability Program Contract From Toyota

    AUBURN HILLS, Mich., April 20 -- ITT Automotive, a unit of
ITT Industries, Inc. , announced today that Toyota Motor
Manufacturing N. A. has awarded it a contract to supply the Electronic
Stability Program (ESP) for a future generation Toyota vehicle beginning in
the 2001 model year.
    The award is among recent North American contracts with an annual value of
more than $500 million that ITT Automotive has received for brake and chassis
systems in model year 1998 and later vehicles.  ITT Automotive also supplies
global automakers with a proven line of advanced electrical systems and other
components.
    ITT Automotive's Electronic Stability Program senses the onset of a skid
and selectively applies any of the vehicle's individual brakes and adjusts
engine torque controls to help the driver retain control and stability.
    ITT Automotive is a unit of ITT Industries, Inc. , a leading
global diversified manufacturing company with 1997 sales of $8.8 billion in
its three primary business segments: Automotive, Defense & Electronics, and
Fluid Technology.  ITT Automotive is one of the world's largest independent
suppliers of systems and components to automotive manufacturers.  ITT Defense
& Electronics is a leader in the design, manufacture and support of high
technology electronic systems and components or defense and commercial
markets.  ITT Fluid Technology is one of the world's leading manufacturers of
products, systems and services for the movement, measurement and control of
fluids.
    In addition to the New York Stock Exchange, ITT Industries' stock is
traded under the symbol (IIN) on the Midwest, Pacific, London, Frankfurt and
Paris exchanges.
    ITT Industries and its subsidiaries news releases are available at no
charge via fax and the Internet.  For ITT Industries news and information on
the Internet, visit http://www.ittind.com, and for ITT Automotive, visit
http://www.ittautomotive.com.  To receive releases by fax, call 800-758-5804,
extension 110006 for ITT Industries, or extension 437525 for ITT Automotive.

SOURCE  ITT Automotive