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Lear Announces New Electronics Center and Premium Sound Laboratory in Germany

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2007-10-03 11:08:00     
Lear Corporation

Lear Corporation [NYSE: LEA], a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced it has opened a new Electronics Customer Service Center in Munich, Germany, and broken ground for a new Premium Sound Laboratory in Kronach, Germany, scheduled to open in 2008.

The Munich Center is Lear's tenth such Electrical and Electronics Service Center globally, and is dedicated to serving BMW. The new Premium Sound Laboratory in Kronach will be a state-of-the-art product creation and validation facility and an integral part of Lear's Global Center of Excellence for Infotainment Systems.

"These new Electronics facilities support our competitive advantage in automotive premium sound systems, and clearly demonstrate Lear's commitment to growing our infotainment line of products globally," commented Bob Rossiter, Lear Chairman, CEO and President. "We have been recognized for our industry- leading audio systems with BMW, Audi, Ford and VW, among others. Our goal is to increase our penetration in audio-visual systems with all the leading automotive brands."

The new Electrical and Electronics Customer Service Center in Munich will employ 35 people in the areas of sales, engineering, quality and other technical functions. This center joins nine other similar service centers, located in the United States, France, Germany, Sweden, the United Kingdom and China. These centers provide electrical and electronics technical and sales support to more than 25 automotive customers globally.

The new Premium Sound Laboratory in Kronach will further product development initiatives with the addition of two major acoustic chambers, listening studios, a control room, numerous development labs, a benchmarking facility and engineering offices, as well as presentation areas, meeting rooms and a customer-interface center. This state-of-the-art research & design facility represents an expansion of Lear's Global Center of Excellence for Infotainment Systems, and is targeted to open in the first half of next year.

Lear Corporation is one of the world's largest suppliers of automotive interior systems and components. Lear provides complete automotive seating systems, electrical distribution systems and electronics products. The Company's world-class products are designed, engineered and manufactured by a diverse team of more than 90,000 employees at 236 facilities in 33 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available on the Internet at http:www.lear.com.

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