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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: JakeStraw who wrote (513)1/13/2000 10:30:00 AM
From: Esway  Read Replies (1) of 5499
 
TROY, Mich., Jan 13, 2000 /PRNewswire via COMTEX/ -- Delphi Automotive
Systems (NYSE: DPH) has added 30 engineers at its Brighton (Mich.)
Technical Center in the past six months, further expanding its chassis
engineering capabilities at the site.

Delphi now has 400 engineers at Brighton, up from 250 when the facility
opened in January 1998.

"This continued growth is a product of Delphi's success in the
marketplace," said Keith Deyer, chief engineer, Delphi North American
systems engineering at the Brighton Tech Center. "We're extremely busy
with a number of projects, not only for North American original
equipment manufacturers, but for European and Asian OEMs, as well."
Major high-tech products being developed at Brighton include:

@ Anti-lock braking systems (ABS), which helps prevent wheels from
locking by pulsing the brakes several times a second.

@ Vehicle stability control, which combines features of ABS and
traction control systems with smart sensors and engine management
controls to selectively reduce engine speed and apply brakes to one or
more corners of the vehicle. Delphi markets the technology under the
Traxxar(TM) brand name.

@ Adaptive cruise control, combining forward-looking radar with cruise
control to judge distance to the vehicle ahead, providing a warning to
the driver and reducing the vehicle's speed.

@ Next-generation Unified Chassis Control, which combines many of the
Delphi-developed technologies into an interactive "smart vehicle."

The Delphi Brighton Technical Center includes offices and testing
facilities in a two-story, 178,000-square-foot building. The current
facility covers 20 acres, with an additional 73 acres available at the
site for future expansion.

"As we continue to grow our business, our site in Brighton will give us
the ability to expand to support our customers worldwide," Deyer said.

Delphi Automotive Systems, with headquarters in Troy, Mich., USA, is a
world leader in automotive component and systems technology. Delphi's
three business sectors -- Dynamics & Propulsion; Safety, Thermal &
Electrical Architecture; and Electronics & Mobile Communications --
provide comprehensive product solutions to complex customer needs.
Delphi has approximately 210,000 employees and operates 180 wholly
owned manufacturing sites, 38 joint ventures, 60 customer centers and
sales offices, and 30 technical centers in 38 countries. Regional
headquarters are located in Paris, Tokyo and Sao Paulo, Brazil. Delphi
can be found on the Internet at delphiauto.com

SOURCE Delphi Automotive Systems
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Kathryn Oldham of Delphi Automotive Systems, 248-267-5667
/Company News On-Call:
prnewswire.com or fax,
800-758-5804, ext. 076666

WEB PAGE: delphiauto.com

GEOGRAPHY: Michigan

INDUSTRY CODE: AUT
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