Visteon Automotive Systems Building In-Car Multimedia Computer
14 July 1999
Visteon Automotive Systems Building In-Car Multimedia Computer Using e-SIM'S RapidPLUS
PASADENA, Calif.--July 14, 1999--e-SIM Ltd. (AMEX: EIM), formerly Emultek Ltd., a leading provider of advanced simulation technology for the consumer and industrial electronics industry, today announced that Visteon Automotive Systems has completed work on the user interface of its in-car multimedia computer called ICES using RapidPLUS. The computer will provide features such as Internet messaging, GPS navigation, CD and radio operation, and voice recognition. Cellular phones can be hooked up to the device for hands free operation. The deal valued at over $100,000 represents the first stage of an ongoing development agreement with Visteon."RapidPLUS represents an advance in accelerating the development of new user-interfaces for emerging in-vehicle technologies," said Adrian Tan, human factors engineer for Visteon. "The tool enables us to better visualize and evaluate alternative user interfaces and simultaneously engineer an optimal interface, in the shortest possible time," Tan added.
"The automotive and transportation market represents the next significant area of growth in our marketplace," said Mark Winter, senior vice president of corporate development and marketing for e-SIM. "The automotive industry is committed to creating better interfaces in vehicles for improved safety and convenience. e-SIM is proud to support Visteon in achieving these objectives," Winter added.
About Visteon
With a global delivery system of more than 125 technical, manufacturing, sales and service facilities located in 21 countries, Visteon Automotive Systems is leveraging the talents of its 77,000 employees to deliver innovative, consumer-driven systems solutions to its customers. Visteon news releases and photographs are available on the Visteon media web site at (http://media.visteon.com).
About e-SIM
e-SIM is a leading provider of advanced simulation technology for use in the development, promotion and support of consumer and industrial electronic products. e-SIM's RapidPLUS line of software products enables product designers and engineers to easily create simulated computer prototypes of electronic products that are fully functional, interactive and behaviorally identical to the manufactured products and systems. RapidPLUS offers automatic software code generation capabilities that significantly reduce the time to market for development of new products. e-SIM's proprietary simulation technology also enables the distribution of electronic "virtual products" that look and behave like real products, over the Internet or Intranet for web-based electronic commerce, interactive customer support and marketing. Using its proprietary technology, e-SIM will be launching its new Web service and portal site, www.livemanuals.com, featuring product simulations, animated walk-throughs of product features, and online user manuals. For more information on e-SIM, please visit our Web site located at www.e-sim.com
Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, significant fluctuations and unpredictability of operating results, risks in product and technology development and rapid technological change, dependence on a single product line, extent of demand for the Company's product, impact of competitive products and pricing, market acceptance, lengthy sales cycle, changing economic conditions, risks of joint development projects, dependence on key personnel, difficulties in managing growth, risks relating to sales and distribution, risks associated with international sales, risks of product defects, dependence on company proprietary technology. For a more detailed discussion of these and other risk factors, see the Company's Form F-1 as filed with the United States Securities and Exchange Commission.