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Delphi Corporation: Delphi Partners With JR Aero Services(R) to Sell Data Connectivity Systems to Airlines

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^{Published in Business and Finance on Thursday, December 18th 2008 at 12:10 GMT by Market Wire}  

IRVINE, CA--(Marketwire - December 18, 2008) - Delphi Connection Systems (DCS), a wholly owned subsidiary of Delphi Automotive Systems, LLC (Delphi), has entered into an agreement with JR Aero Services® to promote Data Connectivity Systems to the commercial airline and corporate/charter air transportation industries.

DCS provides innovative aircraft connectors and aircraft wiring systems for both aerospace and military markets. DCS engineers and assembles wiring systems, from whole-aircraft solutions to build-to-print harness-and-box assemblies.

DCS provides the means for travelers to stay connected to a broad range of consumer devices -- laptops, iPods®, cell phones, video games, flash drives and memory cards -- while in flight whether traveling on an airliner or on corporate aircraft. DCS's Data Connectivity Systems' USB connectors, ports, hubs, cabling and accessories can be retrofitted into existing aircraft, customized for completion of corporate aircraft or provided for aircraft in serial production.

JR Aero, an aviation services integrator for commercial air carriers, plus corporate and charter operators, will represent DCS by bringing Connection Systems and Data Connectivity Systems capabilities to the general aviation and aircraft conversion and refit markets, including VIP interiors for corporate and head-of-state conversions.

"Aviation is seeing rapid growth in a number of significant new markets beyond our traditional military and commercial aviation segments, and it is in these channels that JR Aero brings unique expertise and market access," says Steven Willing, DCS/Military and Aerospace General Manager. "From aging aircraft rewiring to engineering and assembly for entirely new aircraft platforms, Delphi Connection Systems is aggressively pursuing these major new business opportunities."

"Airlines are in the same position today that the auto industry was in five years ago, with consumers demanding a means to stay connected," adds Tim Ross, Global Director, Sales & Marketing, Delphi Packard Electrical/Electronic Architecture.

"With DCS's Connectivity Systems," Ross says, "passengers can stay connected, plugging in to listen to music, play video games, watch movies, view images stored on photo cards or work while they're traveling. They can also take advantage of time spent traveling to charge many of these devices."

This is DCS's first time targeting the commercial, corporate and general aviation industry.

For more information on Delphi Data Connectivity Systems, visit [ www.Delphi.com/dataconn ].

For more information about Delphi Corp. (PINKSHEETS: [ DPHIQ ]), visit [ www.delphi.com ]

Forward-Looking Statements

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, its advance agreement with GM, to obtain an extension of term or other amendments as necessary to maintain access to such facility and advance agreement, including the contemplated accommodation agreement, extension of the advance agreement with GM, and partial temporary accelerated payment agreement; 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 achieve all of the conditions to the effectiveness of those portions of the Amended and Restated Global Settlement Agreement and Amended and Restated Master Restructuring Agreement with GM which are contingent on Delphi's emergence from chapter 11; the ability of the Company to obtain Court approval to modify its amended plan of reorganization which was confirmed by the Court on January 25, 2008 as set forth in its filing on October 3, 2008 and to confirm such modified plan or any subsequent modifications to the confirmed plan or any other subsequently confirmed plan of reorganization and to consummate such plan; 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 as described in the proposed modifications to its plan of reorganization as filed with the Court 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 or those of its principal customers 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, 2007 filed with the SEC, including the risk factors in Part I. Item 1A. Risk Factors, contained therein, and the Company's quarterly periodic reports for the subsequent periods, including the risk factors in Part II. Item 1A. Risk Factors, contained therein, filed with the SEC. 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 prepetition liabilities, common stock and/or other equity securities.