SOURCE: Delphi Corporation

March 27, 2008 09:00 ET

Delphi Data Connectivity Systems Bring New Technologies Into Truck Cabs, Sleeper Boxes

Ports for Consumer Devices Enhance Convenience and Comfort of Drivers

LOUISVILLE, KY--(Marketwire - March 27, 2008) - Technologies that enable vehicles to do more than ever before -- notify drivers of mechanical or electronic problems, reroute themselves around stopped traffic or congested highways, send email messages to notify owners of an equipment malfunction or collision, and entertain drivers and passengers with music, movies and video games -- are coming into the marketplace at an accelerating pace. Delphi's (PINKSHEETS: DPHIQ) Data Connectivity Systems enable OEMs to bring these technologies inside truck cabs and sleeper compartments.

Delphi's Data Connectivity Systems, which include consumer ports, cables, hubs and header connections, are on display at the 37th annual Mid-America Trucking Show March 27-29.

Truck cabs and sleeper boxes equipped with consumer interfaces that allow drivers to download MP3 music files from iPods and pen drives and listen to them through the vehicle's audio system as well as view images stored on photo cards, play video games, charge cell phones, connect laptops and more, greatly enhance the "livability" of these vehicles and may help transportation companies attract and retain drivers, observes Tim Smigiel, growth manager, Delphi Electrical/Electronic Architecture Commercial Truck Group. In a market where there is a shortage of long-distance drivers, this can be a significant advantage, he says.

Delphi's Data Connectivity Systems can accommodate multiple consumer interfaces and link various systems within the vehicle, transforming cabs and sleeper units into multi-functional on-the-road communications/entertainment centers.

Interfaces between the electrical system and external consumer equipment can be located throughout the vehicle and may accommodate audio/video, telematics and global positioning exchange including standard USB ports for iPods and MP3 players, RCA jacks for video games, analog ports for headphones and SD slots for photo cards. Delphi's Data Connectivity Systems can also be used to connect systems that track fleet vehicles and trailers, identify the location of stolen vehicles, provide remote diagnostics and satellite navigation, send and receive real-time computer data, and notify the driver that the temperature inside the trailer he's towing is rising and that the refrigeration unit is running low on fuel.

Delphi Electrical/Electronic Architecture engineers ensure the reliability and viability of the consumer interfaces with innovative solutions for sending high-speed data throughout the vehicle while minimizing EMI (Electro-Magnetic Interference).

The number, locations and variety of consumer interfaces are virtually unlimited and are USCAR-30 compliant.

Delphi's connectivity design approach is focused on offering low-cost solutions for the commercial vehicle environment and is engineered for easy assembly plant installation that requires no special tools. Delphi Data Connectivity Systems are reliable and quickly adaptable to customer-specific requirements such as styling or placement within the vehicle.

Delphi Electrical/Electronic Architecture delivers power and signal distribution networks for today's increasingly complex vehicles. Delphi engineers act as master architects by using proprietary design tools and software to create a virtual model of a vehicle's E/E architecture -- down to the last connector, electrical center, electronic module and wiring harness. In doing so, they evaluate the impact of various trade-offs to deliver a fully optimized E/E architecture system backed by Delphi technical centers and manufacturing facilities in 31 countries around the globe.

For more information about Delphi Corp. (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; 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 develop, 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 revised Equity Purchase and Commitment Agreement; 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 Item 1. Business "Potential Divestitures, Consolidations and Wind-Downs" of the Annual Report on Form 10-K for the year ended December 31, 2006 filed with the SEC) 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 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 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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