TRW TO HIGHLIGHT SAFETY LEADERSHIP ON THE ROAD TO SEMI-AUTOMATED VEHICLE FUNCTIONS AT IAA MOTOR SHOW 2013
Company press release.
LIVONIA, Mich.,- TRW Automotive Holdings Corp. (NYSE: TRW) is highlighting how its most advanced active, passive and integrated safety technologies are laying the foundation to enable semi-automated driving at this year's Internationale Automobil-Ausstellung (IAA), International Motorshow in Frankfurt, Germany.
Among the full suite of technologies to be displayed are driver assist systems including TRW's next generation S-CAM 3 video camera and AC1000 radar; intelligent controllers such as TRW's safety domain ECU which can integrate multiple chassis and driver assist functions; actuators including integrated brake control and electrically powered steering; and adaptive occupant safety technologies and improved rear seat safety solutions.
Peter Lake, executive vice president sales and business development for TRW Automotive, explained: 'The automotive industry is entering a period of immense change as the market aims to significantly reduce the number of road related fatalities this decade and beyond. While advanced safety technologies have been offered on luxury vehicles for several years, their fitment is now being spurred across multiple vehicle segments by a combination of regulatory mandates, New Car Assessment Program ratings, insurance incentives and consumer demand.
'Technologies in production today are becoming increasingly sophisticated – in addition to warning drivers they are now actively intervening in critical situations and helping to prevent or mitigate accidents. We have a technology roadmap to support the move towards semi-automated driving: from warning, through assist and up to auto-pilot style driving, with the driver in the loop and the systems able to take control of the vehicle in certain conditions.'
TRW will highlight a number of new safety technologies:
◾Next generation S-CAM 3 video camera with six times the processing power of the current S-CAM camera to provide higher performance and a number of advanced new functions.
◾TRW's AC1000 next generation radar family will be suitable for front, rear and side sensing applications and will also be able to detect pedestrians.
◾Next generation Safety Domain ECU to gather, process and act on the increasing levels of data created for high level safety functions◾Rear seat passive safety technologies
Lake concluded: 'TRW has been developing the relevant technologies for many years in anticipation of this changing landscape and is well poised for the mass market adoption of advanced safety systems over the next several years. Work continues to ensure that our systems are affordable for all vehicle segments and in all markets – so that everyone may benefit.'
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The Company's exhibit at the Frankfurt IAA show in September will bring TRW's capabilities to life through high tech presentations, demonstrations and simulations. The stand can be found at booth F20 in Hall 8. About TRW With 2012 sales of $16.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 25 countries and employs approximately 65,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to 'TRW Automotive', 'TRW' or the 'Company' in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com. Forward-Looking Statements This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (our 'Form 10-K') and our Report on Form 10-Q for the fiscal quarter ended March 29, 2013, such as: any developments related to antitrust investigations adversely affecting our financial condition, results, cash flows or reputation; economic conditions adversely affecting our business, results or the viability of our supply base; the unsuccessful implementation of our current expansion efforts adversely impacting our business or results; any shortage of supplies causing a production disruption for any customers or us; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; risks associated with non-U.S. operations, including economic and political uncertainty in some regions, adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; the loss of any of our largest customers materially adversely affecting us; commodity inflationary pressures adversely affecting our profitability or supply base; pricing pressures from our customers adversely affecting our profitability; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or adverse effects on our business, reputation or results from governmental regulations; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; work stoppages or other labor issues at our facilities or at the facilities of our customers or those in our supply chain adversely affecting our business, results or financial condition; any disruption in our information technology systems adversely impacting our business and operations; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
