TRW, Simula Secure New Side-Impact Business
7 December 1998
TRW, Simula Secure New Side-Impact Business from European AutomakerWASHINGTON, Mich., and PHOENIX, Dec. 7 -- TRW, Inc. and Simula, Inc. announced that they have received business from a major European automaker utilizing the Inflatable Tubular Structure (ITS(R)) for side-impact protection. Slated for introduction in calendar year 2000, first-year production volume is expected to be approximately 200,000 units for frontal driver and passenger protection. More specific information regarding the customer and vehicle platform is not currently available, due to customer confidentiality agreements. The new business results from an agreement TRW and Simula announced on June 9, 1998 to integrate Simula's ITS into TRW's side impact protection offerings to worldwide vehicle makers. Simula already supplies BMW with the ITS for a number of vehicles. Separately, TRW and Simula on November 10, 1998 announced the signing of an exclusive agreement for TRW to develop and market Simula's patented inflatable seat belt technology known as the Inflatable Tubular Torso Restraint (ITTR(R)). TRW is the world's largest provider of occupant restraint systems, including air bags, seat belts and steering wheel systems. Based in Cleveland, TRW provides advanced technology products and services for the automotive and space and defense markets. Sales for 1997 were about $12 billion, including the company's acquisition of BDM International. TRW's automotive sales were more than $7 billion. Simula , based in Phoenix, is an acknowledged world leader in transportation safety and energy absorption technology. Its principal product lines are high technology energy absorbing aircraft seating systems; lightweight and efficient advanced composite structures; protective systems including inflatable restraints, air bags and ballistic armor; and rail and mass transit seating systems. Additional company information is on the Internet at http://www.simula.com.