SOURCE: Gentex Corporation

Gentex Corporation

July 15, 2011 16:05 ET

Gentex Corporation Receives Supplier Award From Chrysler Group LLC

ZEELAND, MI--(Marketwire - Jul 15, 2011) - Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, was recently recognized by Chrysler Group LLC as one of only 11 suppliers to win an award for outstanding performance. Gentex received the award at Chrysler's annual supplier meeting and awards ceremony in Detroit. The event was the first such ceremony since Chrysler Group and Fiat formed a strategic global alliance in 2009.

According to Dan Knott, Chrysler Group Senior Vice President of Purchasing and Supplier Quality, the 11 companies recognized exemplify top-level supplier performance. "Chrysler introduced 16 new or significantly refreshed vehicles this year, and Gentex is proud to have been a part of that success," stated Enoch Jen, Gentex Senior Vice President. "Superior quality is one of our primary goals and to have our employee efforts in this area be recognized is important to us. We share this award with our 3,400 Gentex associates."

The award was based on an evaluation of the Company's performance in areas including quality, delivery, cost, warranty and partnership. In addition to interior and exterior auto-dimming mirrors, select Chrysler vehicles offer advanced features including Gentex's SmartBeam® High Beam Assist and Rear Camera Display Mirrors.

Founded in 1974, Gentex Corporation is the leading supplier of automatic-dimming rearview mirrors and camera-based driver-assist systems to the global automotive industry. The Company also provides commercial smoke alarms and signaling devices to the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. Based in Zeeland, Michigan, the international Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. More than half of the Company's interior mirrors are sold with advanced electronic features, and more than 98 percent of the Company's net sales are derived from the sale of auto-dimming mirrors to every major automaker in the world.

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