Visteon Corporation

Visteon Corporation Wins Mach(R) Satellite Digital Radio Contract With Ford Motor Company

    Dearborn, Mich. (ots-PRNewswire) - Visteon's MACH(R) Satellite Digital Radio To Receive Sirius Satellite Radio Broadcasts

Visteon Corporation (NYSE: VC) today announced that it has secured a contract to develop and supply its  MACH(R) Satellite Digital Audio Radio System for an undisclosed future Ford Motor Company (NYSE: F) vehicle.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO )

    "This business underscores our long-standing and strong relationship with  the automaker, as well as our expertise with automotive audio applications,"  said John Slosar, director of Visteon's North American and Asian Strategic  Business Unit within the corporation's Telematics/Multimedia business system.

    To bring this technology to the vehicle, Visteon has established a strategic partnership with Sirius Satellite Radio (Nasdaq: SIRI) to provide motorists with the ability to receive satellite radio broadcasts, including up  to 100 channels of digital-quality radio coast-to-coast throughout the  continental United States. Sirius will broadcast from its three orbiting  satellites to Visteon's MACH(R) Satellite Digital Audio Radio System 50  channels of commercial-free music in virtually every genre, and up to 50  channels of news, sports, talk, comedy and children's programming.

    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 business segments: Dynamics and Energy Conversion; Comfort, Communication and Safety; and Glass.

    This press release contains forward-looking statements made pursuant to  the Private Securities Litigation Reform Act of 1995. Words such as  "estimated" and "potentially" signify forward-looking statements. Forward- looking statements are not guarantees of future results and conditions but  rather are subject to various risks and uncertainties, some of which are and  will be identified as "Risk Factors" in Visteon's SEC filings. See "Risk  Factors" section of Visteon's prospectus dated June 13, 2000 as filed with the  SEC on June 14, 2000. Should any risks and uncertainties develop into actual events, these developments could have material adverse effects on Visteon's  business, financial condition and results of operations.

ots Original Text Service: Visteon Corporation Internet: http://recherche.newsaktuell.de

Contact: Media Inquiries: Liane Smyth, +1-313-755-2916, lsmyth1@visteon.com, or Investor Relations: Kent Niederhofer, +1-313-755-3699, kniedeh@visteon.com, both of Visteon Corporation

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO PRN Photo Desk, 888-776-6555 or 201-369-3467

Web site: http://www.visteon.com

Original-Content von: Visteon Corporation, übermittelt durch news aktuell

Weitere Meldungen: Visteon Corporation

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