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Visteon and Samsung - Providing World-Class 'Connectivity' to Drivers

2 May 2000

Visteon and Samsung - Providing World-Class 'Connectivity' to Drivers

    BOSTON, May 2 Visteon continues to create innovative
technology that links automobile drivers to the world around them -- and is
affiliating with an industry leader in telecommunications to provide powerful
telematics products for 2002 model year automotive applications.
    Visteon is working with Samsung Electronics Co., Ltd. to develop fully
integrated, low cost, high quality telematics products that give vehicle
manufacturers and their consumers the best of what both companies have to
offer -- world-class connectivity while on the road.  Samsung is a leading
provider of CDMA (Code Division Multiple Access) technology.
    "We selected Samsung because of its leadership in the convergence of
multimedia and CDMA communications technology," said John Slosar, director,
Advanced Electronics and Telematics at Visteon.
    The association between the companies will allow Visteon to incorporate
Samsung's CDMA Voice and Data Module into a variety of Visteon telematics
products to meet timing for the 2002 automotive model year and beyond.  This
technology -- crucial because it is the wireless link that allows connectivity
-- will enable Visteon to continue to provide its customers with exciting
solutions for consumers who wish to stay connected while in their vehicle.
Using this multimode technology, consumers will have the ability to gain
access to information, entertainment, communication and security through a
variety of devices and the leading nation-wide CDMA network providers.
    "We are very pleased to be working with Visteon to provide the most
competitive solutions to our customers around the world," said S.J. Park, vice
president of Wireless Terminals, Samsung Electronics Co., Ltd.
    Visteon Corporation is a leading full-service supplier that delivers
consumer-driven technology solutions to automotive manufacturers worldwide and
through multiple channels within the global automotive aftermarket.  Visteon
has a global delivery system of more than 130 technical, manufacturing, sales,
and service facilities located in 23 countries.  It has 81,000 employees
working in three core business segments: Dynamics and Energy Conversion;
Comfort, Communication and Safety; and Glass.
    Samsung Electronics Co., Ltd. with 1999 sales revenue of US$22.8 billion
is a world leader in the electronics industry.  The Korea-based concern has
operations in about 50 countries with 54,000 employees worldwide.  The company
consists of three main business units:  Digital Media; Semiconductors; and
Information & Communications Businesses.  For more information, please visit
Samsung's Web site at http://samsungmobile.com