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Amerigon Announces Completion of $12.5 Million Private Placement of Common Shares

16 June 2000

Amerigon Announces Completion of $12.5 Million Private Placement of Common Shares

    IRWINDALE, Calif. - Amerigon Incorporated today announced that it has closed
the sale of an aggregate of 2.5 million restricted shares of its Common Stock in 
a private placement to selected institutional and other accredited investors, 
resulting in gross proceeds to the Company of approximate $12.5 million.  Roth 
Capital Partners, Inc., of Newport Beach, CA represented the Company as placement 
agent in the private transaction.  A registration statement relating to these 
securities is expected to be filed with the Securities and Exchange Commission 
as soon as reasonably practical, but in any event in no more than 90 days.

    Included in the private placement are purchases of shares in an aggregate
amount of $1.5 million by the Company's controlling shareholders, Big Beaver
Investments LLC of Troy, MI and Westar Capital II LLC of Costa Mesa, CA, both
private investment companies.

    Amerigon President & CEO Richard A. Weisbart commented, "The net proceeds
of this placement will help fund the development of future products, expand
our marketing efforts and repay certain indebtedness.  These funds should
allow us to pursue our long-term strategic objectives of long-term growth in
sales, profits and shareholder value."

    Amerigon, an emerging player in the global automotive industry, develops
and markets proprietary products for automotive OEMs.  Its proprietary Climate
Control Seat(TM) (CCS(TM)) technology provides active heating and cooling for
seat occupants and has debuted in the 2000 Lincoln Navigator.  The Company's
other products include its AmeriGuard(TM) radar sensor systems designed to
extend the driver's field of view in such vehicle applications as enhanced
parking aids, back-up warning systems and side object detection.


    This release contains forward-looking statements within the meaning of the
"safe harbor" provisions of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties.  Such statements are based on
management's current expectations and are subject to a number of factors and
uncertainties which could cause actual results to differ materially from those
described in the forward looking statements, including, without limitation,
demand for the Company's products, uncertainties in the development of high
technology products, risks and delays in obtaining customer orders,
technological change, competition and other risks and uncertainties that are
detailed in the Company's Annual Report on Form 10-K and other reports filed
by it with the Securities and Exchange Commission.