SOURCE: Delphi Corporation

September 04, 2007 10:54 ET

Delphi's Data Connectivity Systems Offer Consumers Choices

Delphi Makes Multiple Consumer Ports Possible, Meets Demand for Growing Array of Vehicle Entertainment, Communications Options

FRANKFURT, GERMANY--(Marketwire - September 4, 2007) - Delphi Corp.'s (PINKSHEETS: DPHIQ) Data Connectivity Systems, which include consumer ports, cables, hubs and header connections, on display at the Internationale Automobil Ausstellung Sept. 11-23, enables passengers 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.

Delphi's hub can accommodate multiple consumer interfaces or connectivity among vehicle systems, enabling automakers to transform vehicle interiors into multi-functional on-the-road offices and entertainment centers capable of meeting the unique needs and desires of multiple passengers.

Interfaces between the vehicle's electrical system and external consumer equipment can be located throughout the passenger compartment so they are easily accessible to both front- and rear-seat passengers and they may accommodate a variety of consumer devices: standard USB ports for iPods and MP3 players, RCA jacks for video games, analog ports for headphones, SD slots for photo cards -- whatever will best meet consumers' needs and desires. Delphi's Electrical/Electronic Architecture engineers ensure the reliability and viability of these 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, observes Majdi Abulaban, product business unit director, Delphi Connection Systems. This enables automakers to meet consumers' insatiable demand for an ever-increasing array of entertainment and communication options in their vehicles while distinguishing themselves from the competition, he says.

"Sophisticated features that Delphi's multiple consumer interfaces provide create a competitive advantage for our customers, who are continually challenged by their customers -- consumers who want more convenience and personalization in their vehicles," Abulaban notes. "Delphi is focused on bringing new technologies, such as multiple consumer interfaces and all of the variety and convenience they provide, to market to help our customers distinguish themselves."

Multiple consumer interfaces can accommodate audio/video, telematics and global positioning exchange. They are USCAR-30 compliant.

Delphi's connectivity design approach is focused on offering a low-cost solution designed specifically for the automotive environment and engineered for easy assembly plant installation with no special tools.

Delphi data connectivity products are reliable and quickly adaptable to customer-specific requirements such as styling or placement within the vehicle.

Delphi offers an easily replaceable port in the event of consumer damage, which has a positive impact on warranty costs.

Designed of stainless steel, Delphi's USB-A consumer ports are highly durable and built to withstand multiple mating/unmating cycles. Front covers can be stylized per customer specifications and can be illuminated using LEDs.

Delphi's USB consumer ports are already standard equipment on several makes and models of automobiles. Multiple consumer interfaces are available for model year 2009; several hub designs are in development targeted for model year 2010.

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 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 pre-petition 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 pre-petition liabilities.

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