BorgWarner Congratulates BERU For Winning Automechanika Innovation Award
25 Septembre 2006 - 3:55PM
PR Newswire (US)
AUBURN HILLS, Mich., Sept. 25 /PRNewswire-FirstCall/ -- BERU AG, in
which BorgWarner (NYSE:BWA) holds a majority stake, has been
honored with a 2006 Automechanika Innovation Award for its
pressure-sensor glow plug. The award jury, comprised of leading
representatives of science, industry and the media, considered
criteria such as originality, functionality, quality and
environmental compatibility in assessing more than 100 nominations
from 80- some companies in 15 countries. The BERU glow plug was
honored in the "Parts" category, and was one of only 13 innovations
selected in 8 product categories. "As the world's leading supplier
of diesel cold-start technology, BERU's technology contributes much
to fuel economy and emissions reduction," said Tim Manganello,
BorgWarner Chairman and CEO. "The integrated combustion-chamber
sensor that earned BERU its most recent award helps automakers
comply with increasingly stringent exhaust regulations for diesel
engines. I'm proud to congratulate BERU for its leadership in this
area of vital importance to the industry and the environment." The
BERU pressure-sensor glow plug provides accurate and stable
pressure signals from the engine combustion chamber, permitting the
use of closed-loop controls in series production. The system
consists of a robust heating rod from the BERU diesel Instant
Starting System, combined with a sensor that records the quickly
changing pressure levels in the combustion chamber and relays the
information to the electronic engine controls. The product will be
launched in late 2007 for use in diesel vehicles manufactured by
two of the world's largest OEMs. The Automechanika Innovation
awards were presented September 12 in Frankfurt, Germany, during
the opening celebration of the Automechanika trade fair, a leading
international automotive industry event. Auburn Hills,
Michigan-based BorgWarner Inc. (NYSE:BWA) is a product leader in
highly engineered components and systems for vehicle powertrain
applications worldwide. The FORTUNE 500 company operates
manufacturing and technical facilities in 62 locations in 17
countries. Customers include Ford, VW/Audi, DaimlerChrysler,
General Motors, Toyota, Renault/Nissan, Hyundai/Kia, Honda, BMW,
Caterpillar, Navistar International, and Peugeot. The Internet
address for BorgWarner is: http://www.borgwarner.com/ . Statements
contained in this news release may contain forward-looking
statements as contemplated by the 1995 Private Securities
Litigation Reform Act that are based on management's current
expectations, estimates and projections. Words such as "expects,"
"anticipates," "intends," "plans," "believes," "estimates,"
variations of such words and similar expressions are intended to
identify such forward-looking statements. Forward-looking
statements are subject to risks and uncertainties, many of which
are difficult to predict and generally beyond the control of the
Company, that could cause actual results to differ materially from
those expressed, projected or implied in or by the forward-looking
statements. Such risks and uncertainties include: fluctuations in
domestic or foreign automotive production, the continued use of
outside suppliers by original equipment manufacturers, fluctuations
in demand for vehicles containing the Company's products, general
economic conditions, as well as other risks detailed in the
Company's filings with the Securities and Exchange Commission,
including the Risk Factors identified in the Form 10-K for the
fiscal year ended December 31, 2005. The Company does not undertake
any obligation to update any forward-looking statement. DATASOURCE:
BorgWarner Inc. CONTACT: Beth Feikens of BorgWarner Inc.,
+1-248-754-0883 Web site: http://www.borgwarner.com/
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