SOURCE: Delphi Corporation

January 02, 2008 10:00 ET

Delphi Brings Active Safety Simulation to CES Show

Delphi Active Safety Demonstrations Provide a Dynamic Experience

LAS VEGAS, NV--(Marketwire - January 2, 2008) - Delphi Corp. (PINKSHEETS: DPHIQ) will simulate its active safety technologies with a new safety simulator at the 2008 annual International Consumer Electronics Show. Delphi will demonstrate forward collision warning, lane departure warning, side alert and adaptive cruise control (ACC) with stop & go.

Using video, sound and haptic affects, Delphi will allow consumers to dynamically experience how active safety technologies work and help prevent accidents.

ACC with Stop & Go and Pre-crash Sensing with Autonomous Braking

Delphi's ACC system uses precision long-range radar to detect slower moving in-lane vehicles and automatically manage speed to maintain a driver-selectable time-gap from the vehicle ahead. The same long-range radar also serves as the platform for other safety systems like forward collision warning and pre-crash sensing.

One of the first suppliers to launch a radar-based ACC system in 1999, Delphi has continued to add features and functionality to its system including full-speed-range functionality and stop & go. With the stop & go feature, the system can control speed reduction all the way to a complete stop.

Using the same radar, Delphi's pre-crash sensing system autonomously reacts to imminent crash events to enhance occupant protection. The system determines the trajectory of an oncoming target, time of impact, impact velocity and point of impact and uses this information to work with other safety systems to reduce the severity of unavoidable frontal crashes. Countermeasures are tailored to the situation and include brake assist or automatic braking, and motorized resettable seatbelts that remove seat-belt slack and better position the occupant for the collision.

Side Alert

Motorists changing lanes or engaging in other maneuvers face challenges from blind spots that exist to the sides of most vehicles. While vehicle designers are working to eliminate these blind spots, Delphi's active safety technologies can help mitigate their impact. Delphi's side alert system helps alert drivers of vehicles in their side blind spots when changing lanes. When a moving vehicle is detected entering the side blind spot, a visual alert is provided via an illuminated icon in the side view mirror.

The low-cost system is offered in a small package that can be integrated into taillights, side markers or side body fascia.

Delphi - Decades of Experience in Supplying Safety Products

Building on a long history of successful passive safety technology introductions, Delphi began developing its active safety portfolio nearly twenty years ago and continues to supply OEMs with safety technologies that complement its active safety portfolio. Delphi's passive safety product line include seatbelts, a full line of airbags, including low-risk deployment, passive occupant detection, rollover detection and airbag control units to complement its active safety list of products.

For more information about Delphi (PINKSHEETS: DPHIQ), visit www.delphi.com.

FORWARD-LOOKING STATEMENTS

This press release, as well as other statements made by Delphi may contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment which may cause the actual results of the Company to be materially different from any future results, express or implied, by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the Company to continue as a going concern; the ability of the Company to operate pursuant to the terms of the debtor-in-possession financing facility and to obtain an extension of term or other amendments as necessary to maintain access to such facility; the terms of any reorganization plan ultimately confirmed; the Company's ability to obtain Court approval with respect to motions in the chapter 11 cases prosecuted by it from time to time; the ability of the Company to prosecute, confirm and consummate one or more plans of reorganization with respect to the chapter 11 cases; the Company's ability to satisfy the terms and conditions of the EPCA; risks associated with third parties seeking and obtaining Court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company's liquidity or results of operations; the ability of the Company to fund and execute its business plan (including the transformation plan described in its filings with the SEC and the Bankruptcy Court. and to do so in a timely manner; the ability of the Company to attract, motivate and/or retain key executives and associates; the ability of the Company to avoid or continue to operate during a strike, or partial work stoppage or slow down by any of its unionized employees or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2006, including the risk factors in Part I. Item 1A. Risk Factors, contained therein and the Company's quarterly periodic reports for the subsequent periods, including the risk factors in Part II. Item 1A. Risk Factors, contained therein, filed with the SEC. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various prepetition liabilities, common stock and/or other equity securities. Additionally, no assurance can be given as to what values, if any, will be ascribed in the bankruptcy cases to each of these constituencies. A plan of reorganization could result in holders of Delphi's common stock receiving no distribution on account of their interest and cancellation of their interests. In addition, under certain conditions specified in the Bankruptcy Code, a plan of reorganization may be confirmed notwithstanding its rejection by an impaired class of creditors or equity holders and notwithstanding the fact that equity holders do not receive or retain property on account of their equity interests under the plan. In light of the foregoing, the Company considers the value of the common stock to be highly speculative and cautions equity holders that the stock may ultimately be determined to have little or no value. Accordingly, the Company urges that appropriate caution be exercised with respect to existing and future investments in Delphi's common stock or other equity interests or any claims relating to prepetition liabilities.

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