SOURCE: Delphi Corporation

November 02, 2007 13:00 ET

Delphi to Introduce Multec Electronic Fuel Injection for One- and Two-Cylinder Engines at Milan Motorcycle Show

TROY, MI--(Marketwire - November 2, 2007) - At the 2007 International Bicycle and Motorcycle Industry Trade show in Milan Nov. 6 - 11, Delphi's (PINKSHEETS: DPHIQ) Powertrain Systems division will introduce motorcycle industry insiders to Delphi Multec Electronic Fuel Injection (EFI). By controlling the air, fuel and spark delivery in engines, Multec EFI improves one- and two-cylinder engines' performance and fuel economy while significantly reducing emissions. In addition, Multec EFI marks the first use of Delphi's new smaller, lighter Mini-Switching Oxygen Sensor.

Delphi Multec EFI provides manufacturers an easy and convenient way to implement an electronic fuel injection system for gasoline and flexible-fuel powered engines. Designed to help manufacturers meet exhaust and evaporative emissions requirements for one- and two-cylinder engines, the system also achieves targets for engine performance and fuel consumption. Delphi Multec EFI can reduce fuel consumption in motorcycles from 10 to 15 percent.

"With Delphi Multec EFI, motorcycle manufacturers around the world can look to Delphi for the most efficient electronic fuel injection system for virtually any demand," said Ran Wu, Delphi's Multec EFI product manager. "Stringent emission legislation is being enacted in all corners of the globe; Multec EFI is one way to achieve these emissions goals."

Delphi developed the system for motorcycle, all-terrain vehicle (ATV) and scooter manufacturers around the world. Additional applications can include:

--  Lawn and garden equipment
--  Generators
--  Snowmobiles
    

With a "green" emphasis, Delphi's Multec EFI can include:

--  Sensors -- Offering pressure, engine temperature, air temperature, and
    crank position sensors
--  Fuel injectors -- Possess anti-plugging features and flex-fuel
    compatibility from E0 gasoline to E100 ethanol and any blend
--  Oxygen sensors -- Enable flex fuel operation and allow closed-loop
    control for better emissions-control
--  Engine control module (ECM) -- 16 bit configurations, with small
    package size and flexible mounting options
--  Mechanical throttle body -- Low-cost option with an idle speed control
    and sealed shaft
--  Electronic throttle control (ETC) -- Enhanced responsiveness to load
    change with fewer components
--  Fuel pump -- Compact, in-tank or in-line pump designed with low
    current consumption for small engine applications
--  Ignition coil -- Features more reliable combustion versus magnetos,
    and enables electronic spark timing
--  Evaporative emissions canisters -- Meeting evaporative emissions
    regulations
    

At the Milan show, Delphi will also debut its Mini-Switching Oxygen Sensors which are up to 50 percent smaller and a third lighter than conventional oxygen sensors -- suitable for a wide range of applications where space is limited. Smaller and lighter, the sensors still maintain a high-temperature capability allowing flexibility when locating the sensor. Additionally, a low wattage heater reduces current draw while improving cold start emissions.

"With the small package size and heater, Delphi's Mini-Switching Oxygen Sensors will allow motorcycles to meet new exhaust emissions with improved performance," said Wu.

ABOUT DELPHI POWERTRAIN

Delphi's powertrain technologies provide robust solutions to complex challenges, helping its customers develop vehicles that offer outstanding performance, refinement and emissions. They include multi point injection and direct injection gasoline systems, common rail and rotary pump diesel systems in a range of capacities and, for heavy duty diesel applications, Electronic Unit Injectors and Electronic Unit Pumps. All are compatible with widely used bio-fuels and are complemented by innovative fuel handling, evaporative emissions, transmission control, valve train, and aftertreatment solutions. More information is available at 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.

Contact Information

  • Contact:
    John Wray
    Delphi Communications
    248-813-2720
    Email Contact