SOURCE: Delphi Corporation

April 16, 2007 10:41 ET

Delphi Shares Engineering Expertise at SAE 2007

Delphi Brings Some of the Industry's Leading Talent and Innovations to the World's Biggest Forum for the Advancement of Technology

TROY, MI -- (MARKET WIRE) -- April 16, 2007 -- Delphi Corporation (PINKSHEETS: DPHIQ) will demonstrate its leadership in the engineering and technical industry through its participation in the upcoming 2007 Society of Automotive Engineers (SAE) World Congress, today through April 19 at Cobo Center in Detroit.

A Strategic Tier 1 Partner to Toyota Motor Company in planning this year's Congress, Delphi will participate in panel discussions and present more than 25 technical papers on topics of importance to the technical community such as engine technology advancements, safety system developments, emission control improvements and more.

Delphi will also host a display booth (OEM Supplier Park, Booth 1761) exhibiting some of its innovative technology including powertrain systems, thermal systems, electrical/electronic architecture and electronics & safety systems.

"Delphi has always been a strong supporter of SAE and the value it brings to the technical community, and we're particularly pleased to be in the Strategic Tier 1 Partner role supporting this year's host company, Toyota," said Jeff Owens, vice president of Delphi Corporation, president of Delphi Electronics & Safety. "We're also excited about our display, which will highlight the world-class technical capability Delphi has across many product lines and in many regions of the world."

Among the technologies Delphi will be showcasing is the world's first automotive ammonia sensor, which reduces pollution and helps diesel operators save money. The new technology allows direct closed-loop control of the SCR (Selective Catalytic Reduction) systems used on an increasing number of diesel vehicles to reduce NOx in an effort to meet emissions regulations.

"Delphi participates in SAE because we want to be a part of furthering the technical community," said Owens. "And we're not alone in our desire to promote the advancement of the industry's technology capabilities, so I think this should be one of the strongest SAE technical sessions we've seen in a while."

In its fiftieth year of operation in North America, Toyota is the first Asian automaker to host the SAE Congress. Toyota chose Delphi as its strategic tier one partner because of its years of experience and technical capability.

PANELS

Delphi engineers and key leadership will be participating in five SAE panels:

"Total Vehicle Integration" (Monday, April 16, AVL Technology Theater, 10:30 a.m.) Dr. Andrew Brown, Jr., Delphi's executive director and chief technologist, will moderate this panel on how Original Equipment Manufacturers (OEMs) can integrate customer needs, internal and supplier capabilities and regulation-driven systems into designs that are valuable to the consumer, timely to market and efficient to assemble.

"Electronics Open Architectures" (Monday, April 16, AVL Technology Theater, 2:30 p.m.) Jeffrey J. Owens, vice president of Delphi and president of Delphi Electronics & Safety, will moderate an open discussion panel of electronic systems suppliers, who will discuss the performance requirements an open architecture needs to function effectively in the automotive environment.

"From Design to Manufacturing: The New Realities" (Thursday, April 19, AVL Technology Theater, 10:30 a.m.) Sidney Johnson, Delphi vice president, Global Supply Management, will serve as a member of this open panel that will discuss the complex elements involved in finding low-cost design and manufacturing capability in the global economy.

"Safety Sells" (Wednesday, April 18, AVL Technology Theater, 2:30 p.m.) This open panel will feature Robert W. Schumacher, general director of Advanced Product and Business Development, Delphi Electronics & Safety.

"The Gasoline Engine Is Dead. Or Is It?" (Wednesday, April 18, FEV Powertrain Innovation Forum, 1:30 p.m.) Scott Bailey, general manager, Delphi Gas Engine Management Systems, will moderate this panel.

TECHNICAL PAPERS

Delphi will be presenting 27 technical papers at SAE. Three papers expected to draw high interest from attendees are:

2007-01-1188 Development of Next Generation Automatic Climate Control (Wednesday, April 18, 9 a.m., Rm. W1-55A) This paper discusses new Automatic Climate Control (ACC) technology developed by Delphi based on the concepts of power balance and the separation of transient and steady state control. Delphi's ACC technology improves customer comfort by considering changing weather and environmental conditions and then automatically adjusting the cabin temperature accordingly. It also reduces program development time and associated costs for manufacturers.

2006-21-0081 Driver State Assessment and Driver Support Systems (Thursday, April 19, 10 a.m., Rm. W2-64) The paper examines the role of monitoring the driver state -- including driver distraction, alcohol impairment and drowsiness -- in traffic safety. Technology, such as automatic eye tracking systems, can provide real-time feedback about the driver state to modify behavior before accidents occur. Distraction feedback, for example, can reduce a driver's eye glances away from the forward road. Driver state information can also be fused with forward collision warning systems and lane departure warning systems, further enhancing safety benefits.

2007-01-1736 Flexible Low Cost Lane Departure Warning System (Thursday, April 19, 2:30 p.m., Rm. W2-67) The paper discusses a new, more affordable approach to Lane Departure Warning Systems (LDWS), which have been developed to alert drivers of a lane departure to help prevent accidents caused by distracted or drowsy drivers. Delphi engineers partnered with the University of Michigan in the development of new technology that uses Field Programmable Gate Arrays (FPGA) to create a LDWS at a much lower cost than is possible today.

Other Delphi papers being issued are:

2007-01-0502 A Hardware-in-the-loop Test Bench for Production Transmission Controls Software Quality Validation (Monday, April 16, 1:30 p.m., Rm. M2-29)

2007-01-1497 A Statistical Approach for Real-Time Prognosis of Safety-Critical Vehicle Systems (Wednesday, April 18, 1:30 p.m., Rm. W2-70)

2007-01-0782 Why Have a Systems Engineering (SE) Capability for Automotive Product Development? - Questions and Answers (Monday, April 16, 1:30 p.m., Rm. O2-44)

2007-01-0773 Cylinder Pressure-Based Control of Pre-Mixed Diesel Combustion (Tuesday, April 17, 9 a.m., Rm. D2-08)

2007-01-1285 Design and Development of a 2-Step Rocker Arm (Thursday, April 19, 1:30 p.m., Rm. D3-22/23)

2007-01-0812 Exploring the Trade-Off of Handling Stability and Responsiveness with Advanced Control Systems (Wednesday, April 18, 9 a.m., Rm. W2-63)

2007-01-1613 A Process Membership Service for Active Safety Systems (Thursday, April 19, 9 a.m., Rm. O2-38)

2007-01-0960 Non-Intrusive Engine Speed Sensor (Tuesday, April 17, 9 a.m., Rm. O2-33)

2007-01-1731 Automotive FM Diversity Systems, Part I: Multipath Review (Thursday, April 19, 3 p.m., Rm. M3-31)

2007-01-1732 Automotive FM Diversity Systems, Part 2: Analog Systems (Thursday, April 19, 3:45 p.m., Rm. M3-31)

2007-01-1734 Automotive FM Diversity Systems, Part 3: Digital Systems (Thursday, April 19, 4:15 p.m., Rm. M3-31)

2007-01-1275 SMART Tool Based Analysis of E/E Subsystems (Wednesday, April 18, 1:30 p.m., Rm. D3-20/21)

2007-01-1487 ESCAPE CAN Limitations (Thursday, April 19, 9:30 a.m., Rm. W2-70)

2007-01-0783 Model-based Development for Event-driven Applications Using MATLAB: Audio Playback Case Study (Monday, April 16, 2 p.m., Rm. O2-44)

2007-01-0708 Stiff Versus Yielding Seats: Analysis of Matched Rear Impact Tests (Tuesday, April 17, 11 a.m., Rm. O2-38)

2007-01-1193 Cooling with Augmented Heated and Cooled Seats (Wednesday, April 18, 5:45 p.m., Rm. W1-55A)

2007-01-0245 Evaluation of Predictive Capability of Diesel Nozzle Cavitation Models (Monday, April 16, 9:30 a.m., Rm. D3-22/23)

2007-01-0774 Design of an Automotive Grade Controller for In-Cylinder Pressure Based Engine Control Development (Tuesday, April 17, 9 a.m., Rm. D2-08)

2007-01-1265 Effects of Substrate Diameter and Cell Density on FTP Performance (Wednesday, April 18, 4:15 p.m., Rm. D2-13/14)

2007-01-1509 Knock Signal Conditioning using the Discrete Fourier Transform and Variable Detection Window Length (Thursday, April 19, 9:30 a.m., Rm. W2-69)

2007-01-1263 Palladium/Rhodium Dual-Catalyst LEV 2 and Bin 4 Close-Coupled Emission Solutions (Wednesday, April 18, 3 p.m., Rm. D2-13/14)

2007-01-1079 Genetic Algorithm for Dynamic Calibration of Engine's Actuators (Thursday, April 19, 3 p.m., Rm. D3-24/25)

2007-01-1283 Co-Simulation Analysis of Transient Response and Control for Engines with Variable Valvetrains (Wednesday, April 18, 2 p.m., Rm. D3-22/23)

2007-01-1522 Flow Induced Noise Emanating from Evaporator Tube Plates (Thursday, April 19, 9:30 a.m., Rm. W2-68)

For more information about Delphi and its subsidiaries, visit Delphi's media room at www.delphi.com/media.

FORWARD-LOOKING STATEMENT

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 Equity Purchase and Commitment Agreement (including the Company's ability to achieve consensual agreements with GM and its U.S. labor unions on a timely basis that are acceptable to the Plan Investors in their sole discretion); the Company's ability to satisfy the terms and conditions of the Plan Framework Support 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 Note 2, Transformation Plan and Chapter 11 Bankruptcy, of our Annual Report on Form 10-K for the year ended December 31, 2006) 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 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. 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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