Contact Information: FINANCIAL MEDIA AND INVESTOR CONTACT: Connie Hamblin 616/772-1800 GENERAL MEDIA CONTACT: Craig Piersma 616/772-1800 WEBSITE: www.gentex.com
Gentex Mirrors Featured on New Hyundai Luxury Vehicle
| Source: Gentex
ZEELAND, MI--(Marketwire - April 30, 2008) - Gentex Corporation (NASDAQ : GNTX ), the leading
supplier of automatic-dimming rearview mirrors to the worldwide automotive
industry, has announced that it is supplying auto-dimming interior and
exterior rearview mirrors for the 2008 Hyundai Genesis. The Genesis is
Hyundai's newest entry into the luxury vehicle segment. It was launched in
Hyundai's home market of South Korea and in China in January, and is
expected to be introduced in North America and the Middle East this spring.
The new Genesis offers a three-mirror auto-dimming system. Interior and
exterior auto-dimming mirrors will be standard equipment on most of the
vehicles for the domestic Korean market. The Korean version also offers an
auto-dimming interior mirror with "Mozen," Hyundai's telecommunications
interface, as an available option. The packaging for the exported markets
has not yet been released but features will include an interior
auto-dimming mirror with a universal garage door opener and a compass
display. The compass feature uses Gentex's proprietary Z-Nav® compass
transducer, a highly-accurate compass sensor that determines the vehicle's
directional heading. Gentex mirrors darken automatically in response to the
headlamp glare of rearward-approaching vehicles.
"This is an exciting vehicle for Hyundai Motors as the Genesis is expected
to attract drivers of vehicles such as Lexus, Volvo, Cadillac, Acura and
other luxury models," said Gentex Senior Vice President Enoch Jen. "We are
pleased that Hyundai recognizes our value-added products and is making them
available on this new luxury vehicle."
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.