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RECENT NEWS FLASH 2000-03

(Updated on January 5, 2000)

MERGERS, ACQUISITIONS, INVESTMENTS & AGREEMENTS

January 6 At CES show in Las Vegas, Delphi Announces that It Has Received More Than $2.5 Billion in New Mobile Multimedia Business

Delphi Delco Electronic Systems  announced in Consumer Electronic Show in Las Vegas that it has received more than $2.5 billion in business orders from seven different customers around the world for its Communiport (R) brand Mobile Multimedia (MMM) technologies.

"The extraordinary growth of Mobile Multimedia has exceeded expectations," said Dave Wohleen, president of Delphi Delco Electronics Systems. "The interest in these technologies by vehicle producers has been very strong. These manufacturers are acutely aware of how these features and functions differentiate their vehicles from other cars and trucks. And even more important, they understand the evolving demographic transformation of lifestyles that is creating consumers who not only desire these options in their vehicles, they expect them."

Delphi's Communiport products will provide a number of navigation, mobile computing, communications, entertainment and information functions for personal and commercial drivers.

For more information, go to http://www.delphiauto.com/index.cfm?location=1512

MobileInfo Advisory and Comments : Mobile multimedia is going to get big. Let product developers watch.


Note: This news release contains forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.

All trademarks used in this summary are the property of their respective owners.  

Do you want to see more news?  Go to the News Home Page

 

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