TRW Supports Growth of Camera-Based Systems |
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By: trw.com Posted: 2011-06-13 23:57:28 |
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WASHINGTON, June 13, 2011 -- TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety, continues its development of industry-leading camera system solutions for safety applications. Its latest generation product has led to a major new contract with a leading North America-based vehicle manufacturer to deliver advanced driver assist functions. TRW now has production contracts in North America, Europe and Asia Pacific for its camera systems, demonstrating the growing demand globally for active safety functionality and the Company's strong technology position in this field.
Already in production with current generation products, TRW will begin supply of its latest generation camera systems in 2013. These new systems are based on a scalable camera design where the base camera can deliver lane departure warning and/or active lane keeping functions; and are fully upgradeable to enable advanced features including forward collision warning, pedestrian detection and traffic sign recognition. When combined with a radar such as TRW's 24 GHz AC 100, vehicle longitudinal control functions including full automatic emergency braking are possible. Peter Lake, executive vice president, sales and business development for TRW, said: "These advanced safety functions help reduce the number of injuries and fatalities. Governments and industry bodies around the world are recognizing these benefits and actively encouraging vehicle manufacturers to fit such systems. As a leading developer of intelligent, or cognitive, safety systems, TRW is well positioned to support its customers integrate this added safety functionality into their vehicles. "In the US, for example, lane departure warning and forward collision warning are among the features currently being highlighted in the new NCAP ratings, and TRW's scalable camera solution will allow those functions to be delivered with the option for further technological enhancements." Forward collision warning uses a forward-looking monocular camera with object recognition capability. This is linked to a warning device which may give visual, audible or other feedback to the driver that a potential collision is imminent, such as a brake pulse to indicate to the driver the need to brake the vehicle. TRW will develop the warning according to the vehicle manufacturers' preference. Lane departure warning uses the camera to detect the lane or road edge markings and if a driver unintentionally crosses the lane (i.e. does not use the turn signal) a warning can be issued – such as a vibration in the steering wheel – to encourage the driver to correct their course. Using TRW's torque overlay technology, this feature can also be directly linked to the steering system to hold vehicles in lane unless the driver exerts a positive force to change lane. TRW will be demonstrating its automotive safety solutions, including lane assist and guidance technologies, at the 22nd annual Enhanced Safety of Vehicles Conference (ESV) in Washington D.C. The conference, held from June 13-16, is sponsored by the National Highway Traffic Safety Administration (NHTSA) and is one of the world's premier events in the field of motor vehicle safety research. About TRW 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. Forward-Looking Statements 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, 2010 (our "Form 10-K"), 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; 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. |
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