LIVONIA, Mich., March 8, 2011 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), continues to design, develop and produce affordable safety systems and is now in mass production with its zero initiator tire pressure monitoring system (TPMS) – its lowest cost auto location system ever.
Laurent Crosnier, product portfolio director for TRW Radio Frequency Electronics, said, "TRW seeks to bring cost competitive systems to market in our effort to deliver the safety that everyone deserves, and affirms its TPMS technological leadership with this innovative new product launch. The zero initiator system is an example of smart thinking that reduces part count and complexity, and still delivers the performance of a direct tire pressure monitoring system with the capability to automatically identify which tire or tires are under inflated and pose a potential safety risk."
Like TRW's current direct TPMS systems, the technology includes four wheel mounted sensors to directly monitor the individual tire pressure levels, but eliminates the need for the electronic initiators previously required to locate the sensor positions. The receiver is typically mounted under the rear of the vehicle or in the rear bumper area, and can determine front and rear sensor locations by comparing the received signal strengths. Left and right side sensor locations are determined by sensing and processing Earth's gravitational and magnetic fields. Thus, by combining the front/rear and left/right information, the system can determine which tire is underinflated without the need for any initiators.
TRW's zero initiator TPMS system started mass production in late 2010 and is being evaluated by a number of global manufacturers. Additional vehicles will launch in 2011 equipped with this state-of-the-art technology.
With 2010 sales of $14.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2009 (our "Form 10-K"), and our Reports on Form 10-Q for the quarters ended April 2, July 2, and October 1, 2010 such as: tighter financial markets adversely impacting the availability and cost of credit negatively affecting our business; a material contraction in automotive sales and production adversely affecting our results or the viability of our supply base; commodity inflationary pressures adversely affecting our profitability or supply base; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; pricing pressures from our customers adversely affecting our profitability; any shortage of supplies causing a production disruption; increasing costs negatively impacting our profitability; the loss of any of our largest customers materially adversely affecting us; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; risks associated with non-U.S. operations adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; any increase in the expense of our pension and other postretirement benefits or the funding requirements of our pension plans reducing our profitability; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers adversely affecting our operations; volatility in our annual effective tax rate resulting from a change in our valuation allowances position or other factors; any impairment of a significant amount of our goodwill or other intangible assets; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
SOURCE TRW Automotive Holdings Corp.