N@N

Delphi Corporation: Delphi Expands Electrical/Electronic Architecture Hybrid Development Capabilities

_{//business-finance.news-articles.net/content/200 .. rchitecture-hybrid-development-capabilities.html}
^{Published in Business and Finance on Wednesday, April 15th 2009 at 8:24 GMT, Last Modified on 2009-04-15 08:26:03 by Market Wire}  

TROY, MI--(Marketwire - April 15, 2009) - With the expansion of Delphi's Electrical/Electronic Hybrid Development Center within its Technical Center in Champion, Ohio, Delphi Corp. (PINKSHEETS: [ DPHIQ ]) increases its capacity to provide original equipment manufacturers and hybrid device suppliers with advanced hybrid vehicle electrical/electronic distribution systems and components. "As our hybrid business continues to grow, it made sense to further align our engineering resources and expand our development capabilities to meet the growing demand," says Randall Sumner, director, Delphi Global Hybrid Business Development, Delphi Packard Electrical/Electronic Architecture.

Delphi's Hybrid Development Center brings together dedicated component designers and advanced engineers, hybrid product and manufacturing process development, a hybrid prototype laboratory and an accredited full-service test facility. The Hybrid Development Center is also in close proximity to Delphi molding and stamping facilities, which Sumner calls "a good fit" because it provides existing and potential customers the opportunity to see first-hand the full extent of Delphi's manufacturing capabilities along with its product capability and extensive hybrid portfolio.

"Our portfolio has the ability to connect all the parts of an E/E hybrid system for all customers," Sumner notes. Among the products included in Delphi Packard E/EA's hybrid portfolio are high-power shielded connection systems, high-voltage wiring assemblies, battery cell interconnects, battery monitoring devices, battery service disconnect devices and high-power electrical centers.

Ongoing development of Delphi's hybrid portfolio is driven by demand for energy independence and greener alternatives for transportation. Sumner says the availability of fossil fuels is a global concern and everyone understands that alternatives must be found.

Development of economical, environmentally friendly vehicles is one key to the auto industry's future, Sumner reflects. "With our experience and commitment, Delphi is poised to play a big role in a greener, more fuel-efficient future."

The company is featuring a display of its hybrid electric architecture capabilities including battery interconnect, harness assemblies and connection systems at the Society of Automotive Engineers 2009 World Congress in Detroit next week in addition to presenting several papers and participating in a number of technical sessions. For a complete list, visit [ www.sae.org/congress ].

Delphi Electrical/Electronic Architecture delivers power and signal distribution networks for today's increasingly complex vehicles. Delphi engineers act as master architects, using the Velocity™ tool suite -- a comprehensive set of design, analysis and simulation tools -- to create a virtual model of a vehicle's E/E architecture down to the last connector, electrical center, electronic module and wiring harness. In doing so, they evaluate the impact of various trade-offs to deliver a fully optimized E/E architecture system backed by Delphi technical centers and manufacturing facilities in 31 countries around the globe.

For more information about Delphi Corp., visit [ http://delphi.com/about/news/media/ ].

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, and partial temporary accelerated payments agreement with GM; 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 the Plan which was confirmed by the Court on January 25, 2008, to confirm such modified plan or any other subsequently filed 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 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, 2008, filed with the SEC, including the risk factors in Part I. Item 1A. Risk Factors, contained therein. 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. It is possible that Delphi's common stock may have no value and claims relating to prepetition liabilities may receive no value.