Daimler-Benz, Siemens Sign With Orbital
23 June 1998
Daimler-Benz, Siemens Sign With OrbitalPERTH, Australia, June 23 -- Due to the numerous inquiries following Friday's joint announcement with Daimler-Benz and Siemens, Orbital would like to provide the following information. This agreement was signed by Orbital Engine Corporation, Daimler-Benz and Siemens and is directed toward the application of Orbital's direct fuel injection system on Mercedes engines. The following personnel can be contacted at Daimler-Benz, Siemens and Orbital: Daimler-Benz Siemens Automotive Orbital Engine Corporation Stuttgart, Germany Germany Australia Dr. Stefan Kienzle Mr. Gustav Mayert Mr. Shaun Duffy +49-711-173-2057 +49-913-1746-489 +61-8-9441-2311 Auburn Hills, USA United States Mr. David Ladd Ms. Roberta Saling 248-253-2642 517-423-1551 In response to queries regarding Orbital's technology, Orbital would like to state the following: 1. The evolution towards direct injection technology has recently escalated in the European and North American automotive markets. This technology is the logical response to growing demand for improved fuel efficiency and tough new emissions regulations. 2. There is potential for the technology to achieve rapid widespread penetration of global automotive markets.