BEI Technologies Marks Shipment Of One Millionth Gyro Chip Yaw Rate Sensor
18 February 2000
Systron Donner Inertial Division of BEI Technologies, Inc. Marks Shipment Of One Millionth Gyro Chip Yaw Rate SensorCONCORD, Calif., Feb. 18 -- BEI Technologies, Inc. has recorded the shipment of the one-millionth GyroChip(R) yaw rate sensor from its Systron Donner Inertial Division here. According to Gerald D. Brasuell, vice president and general manager of the BEI division, "The enthusiastic acceptance of these remarkable devices by the auto industry has helped us achieve this production milestone in a relatively short time. We welcome this opportunity to demonstrate this technical and commercial breakthrough with an extremely high tech product that was originally conceived for military and aerospace uses." Brasuell continued, "Production of this patented micromachined (MEMS) sensor for automotive stability control systems was launched by the Systron Donner Inertial Division in the second half of 1996 when it was first delivered for Cadillac's StabiliTrak(TM) system. Other automotive customers were added in 1997, and the Company has quickly become the world's leading supplier of yaw rate sensors for automotive stability control systems." "In addition to Cadillac, the Company today delivers yaw sensors for Audi, BMW, Buick, Corvette, Jaguar, Lincoln, Mercedes Benz, Oldsmobile, Pontiac, Volkswagen and Volvo." Additional brands and models will be added this year. The BEI GyroChips are used in the latest generation of automotive stability control systems. In these systems, sophisticated sensors provide vital motion information to the car's on-board microprocessor to instantly assure the vehicle's response to the driver's steering intentions on ice, snow or other hazardous roads. Through selective and automatic braking on individual wheels, these systems can compensate for oversteer or understeer conditions. Brasuell concluded: "Our goal is to achieve continuous process improvements to reduce sensor size and cost without sacrificing performance. We take great pride in our zero-defect quality record, and we will seek to preserve that record as we reach for the two million unit mark this year." BEI Technologies, Inc. is an established manufacturer of electronic sensors, motors, actuators and motion control products used for factory and office automation; medical and scientific equipment; military, aviation and space systems; and transportation equipment including automobiles, trucks and off-road equipment. In addition to the GyroChip(R) yaw sensors, BEI also manufactures steering wheel position sensors, seat-memory modules, throttle position and pressure sensors and other electronic devices used in automotive systems. GyroChip(R) is a registered trademark of BEI Sensors & Systems Company, Inc., a wholly owned subsidiary of BEI Technologies, Inc. StabiliTrak(TM) is a trademark of General Motors Corporation. Except for historical information, this news release may be deemed to contain forward-looking statements that involve risks and uncertainties, including statements with respect to timely development, acceptance and pricing of new products; impact of competitive products and price; the ability to manufacture products in sufficient volume on an efficient and timely basis; general economic conditions as they affect the Company's customers, as well as other risks detailed from time to time in the Company's reports to the Securities and Exchange Commission, including the Company's Form 10-K Annual Report for fiscal 1999.