Delco Remy International Unit Obtains Exclusive Agreement For Enginaire Precleaners
15 March 2000
Delco Remy International Unit Obtains Exclusive Agreement For Enginaire PrecleanersANDERSON, Ind., March 15 Delco Remy International, Inc. has announced that its OEM subsidiary, Delco Remy America (DRA) and Enginaire Precleaners, a division of American Enterprises, have reached an agreement that grants DRA an exclusive five-year license of Enginaire's patented precleaners for DRA alternators. DRA will market, on an exclusive basis, Enginaire precleaners for alternators used on construction, agricultural and other severe environment applications. Currently, Enginaire uses the precleaner on engines, extending air filter life and improving engine airflow intake. Several precleaner configurations have been developed by DRA, including two that incorporate the use of an air duct to help reduce alternator temperatures and increase performance and durability. DRA will match combinations of ducts and precleaners to meet application requirements. These combinations include: 1) Duct used with Precleaner; 2) Duct used alone; 3) Precleaner used alone. DRA testing has shown that the addition of the precleaner improves airflow and reduces internal alternator temperatures in both clean and dusty environments. The precleaner attachment typically filters larger debris and over 80% of dust from the air stream into the alternator. In addition, the ducting of cooler air can increase alternator output by 5-10%, reducing the potential for restriction of critical airflow and extending the life of the alternator. "Our customers, who operate in off-highway environments, constantly battle excessive heat, debris and dust when it comes to their equipment. By combining Enginaire precleaners with DRA alternators, we are offering our customers better overall performance and even greater durability," said Harry Schmink, vice president, DRA Heavy Duty Sales & Marketing. "This unique combination gives them creative solutions to the problems they face every day." Precleaners will initially be available in combination with a new air intake shield for several Delco Remy alternator product families. Usage on other alternators will become available in the near future. Precleaners will also be available in service packages for field upgrades of existing alternators. Delco Remy International, Inc., headquartered in Anderson, Indiana (USA), became a public company with an initial public offering of stock in December 1997. The company designs, manufactures, remanufactures and distributes electrical, powertrain/drivetrain and related components for automobiles and light trucks, medium and heavy-duty trucks and other heavy-duty off-road vehicles. Products include starter motors, alternators, engines, transmissions, torque converters, fuel systems, and traction control systems. The Company serves the aftermarket and original equipment manufacturer market, principally in North America, as well as in Europe, Latin America and Asia Pacific. DRI can be found on the Internet at http://www.delcoremy.com . Statements in this press announcement, which are not historical facts, are forward-looking statements that involve certain risks and uncertainties including, but not limited to risks associated with the uncertainty of future financial results, acquisition, additional financing requirements, development of new products and services, the effect of competitive products or pricing, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.