SOURCE: Gentex Corporation

April 29, 2008 08:32 ET

Gentex Honored by General Motors as Supplier of the Year for Eleventh Consecutive Year

ZEELAND, MI--(Marketwire - April 29, 2008) - For the eleventh consecutive year and the twelfth time overall, Gentex Corporation (NASDAQ: GNTX), the leading supplier of automatic-dimming rearview mirrors to the worldwide automotive industry, has been named a General Motors (GM) Supplier of the Year. The 16th annual award -- themed the "Best of the Best" -- was presented during ceremonies Saturday, April 26, in Jacksonville, Florida.

Gentex supplies GM with interior and exterior auto-dimming mirrors, which automatically darken to reduce glare from the headlamps of vehicles approaching from the rear. The brighter the glare, the darker the mirrors become, making nighttime driving safer. Many of the mirrors also house additional electronic features, such as compass and temperature displays, microphones, high-beam headlamp control systems and LED turn signals.

"GM is proud to honor Gentex as a GM Supplier of the Year winner," said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. "This award is our way of telling the winners that we appreciate all of their efforts in working together with GM to manufacture world-class vehicles. Gentex is among the best of the best," he continued. "They understand that our mutual success can only be achieved by sharing common goals and priorities."

In accepting the award, Gentex Chairman and CEO Fred Bauer said, "We truly value the relationship that we've developed with General Motors over the years. To be consistently recognized as one of their best suppliers is an honor for our organization and an achievement that we are very proud of."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 97 suppliers for their outstanding performance throughout 2007.

Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. Based in Zeeland, Michigan, the 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. Many of the mirrors are sold with advanced electronic features, and more than 96 percent of the Company's revenues are derived from the sale of auto-dimming mirrors to nearly every major automaker in the world.

Contact Information

  • FINANCIAL MEDIA AND INVESTOR CONTACT:
    Connie Hamblin
    616/772-1800
    GENERAL MEDIA CONTACT:
    Craig Piersma
    616/772-1800
    WEBSITE: www.gentex.com