BMW 3 Series Convertibles to Debut Gentex HomeLink(R) Mirror
23 March 2000
BMW 3 Series Convertibles to Debut Gentex HomeLink(R) MirrorZEELAND, Mich., March 23 Gentex Corporation , the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, announced today that it has begun shipping automatic-dimming rearview mirrors equipped with HomeLink(R) for the new BMW 3 Series convertibles made for the U.S. market. This is the first time Gentex has sold one of its advanced-feature mirrors directly to an automotive manufacturer located outside of North America. HomeLink(R) is a universal transceiver that can learn the codes for up to three remote-controlled devices, including garage doors, estate gates, home lighting, entry door locks and security systems. These devices can then be activated with the push of a button. Johnson Controls, Inc., the world's leading supplier of automotive seating and interior systems, developed HomeLink(R), and recently signed an agreement giving Gentex the exclusive license to integrate the product into its rearview mirrors. "HomeLink(R) is opening all sorts of doors, pun intended," said Ken La Grand, Gentex's executive vice president. "Not only is BMW the first to take advantage of our new partnership and supply agreement with Johnson Controls, but it represents the growing number of European automotive manufacturers showing heightened interest in our advanced-feature mirrors. "Our product is first and foremost a safety feature, but when you add consumer 'delight' items like HomeLink(R), compass and temperature displays, and global positioning systems, you have a product that delivers added value to manufacturers and consumers alike." For BMW, the HomeLink(R) transceiver is activated by pushing one of three small buttons located on the underside of the rearview mirror. Gentex is currently developing a new mirror that positions the HomeLink(R) buttons on the mirror's chin and will be marketed to other automotive manufacturers worldwide. Gentex Corporation (The Nasdaq Stock Market: GNTX) is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. The Company develops, manufactures and markets proprietary electro-optic products, including interior and exterior electrochromic, automatic-dimming Night Vision Safety(TM) (NVS(R)) automotive rearview mirrors that dim in proportion to the amount of headlight glare from trailing vehicle headlamps, and an extensive line of fire protection products for commercial applications. Revenues from the sale of automatic-dimming mirrors represent about 92 percent of total Company revenues. Gentex was the first company in the world to successfully develop and produce a commercial electrochromic mirror for the motor vehicle industry. The Company is the leading supplier of these mirrors to the worldwide automotive industry. Gentex customers include Audi, Bentley, BMW, Daewoo, DaimlerChrysler, Fiat, Ford, General Motors, Gulf States Toyota, Hyundai, Infiniti, Kia Motors, Land Rover, Lexus, Mitsubishi Nissan, Opel, Porsche, Rolls Royce, Samsung, Southeast Toyota Distributors and Toyota. Founded in 1974, Gentex operates out of three facilities in Zeeland, Michigan; an automotive sales office in Livonia, Michigan; automotive sales and engineering subsidiaries in Germany, Japan and the United Kingdom; and four regional U.S. sales offices for the Fire Protection Products Group. The Company is recognized for its quality products, its application of world class manufacturing principles, for its commitment to developing and maintaining a highly skilled workforce, and for encouraging employee ownership of the Company's stock.