TRW Launches Camera Technology In The United States; Makes Further Investments

TRW Launches Camera Technology In The United States; Makes Further Investments

PR Newswire

LIVONIA, Mich., April 11, 2013



LIVONIA, Mich., April 11, 2013 /PRNewswire/ --TRW Automotive Holdings Corp.
(NYSE: TRW) today announced that it has launched production of camera systems
in the US and is investing in its electronics facility in Marshall, Illinois,
to support its growing video camera business worldwide.

(Photo: http://photos.prnewswire.com/prnh/20130411/DE93115)

TRW's Scalable video camera (S-Cam) family can provide a range of safety
functions including lane departure warning, forward collision warning,
headlight control, traffic sign recognition and pedestrian detection. When
integrated with vehicle chassis systems, the S-Cam can provide advanced active
driver assist (DAS) functions including lane keeping and lane centering
(together with electric steering) and automatic emergency braking (together
with radar and electronic stability control). TRW's S-Cam range of cameras
incorporate technology from Mobileye, the world leaders in automotive vision
algorithms, and TRW's next generation camera, the S-Cam3, will provide another
significant advance in processing power and safety and comfort functionality.

Peter Lake, executive vice president, sales and business development,
commented: "In North America, in the coming five years, we expect to see a
strong demand for camera systems – particularly in light of the high frequency
of accidents caused by lane drift. According to 2011 National Highway Traffic
Safety Administration (NHTSA) data, 53% of road fatalities result from a
roadway departure, and Insurance Institute for Highway Safety (IIHS) data
estimates that lane departure warning and lane keeping assist systems could
save more than 7,500 lives in the USA each year.

"We are investing in our production sites – both in North America and in
Europe, in support of a number of global business awards. We are installing
new assembly cells at our Marshall plant as well as at our other camera
facility in Peterlee in the UK. We also continue to invest in research and
development in this area, to maintain our position as a leader in this
technology."

Approximately 25 additional staff members have been employed at the plant
across management, manufacturing and assembly, with approximately 60 new
positions being created at TRW's global electronics headquarters in Farmington
Hills, Michigan, to support the further development and application of camera
technologies.

"The expansion of TRW's camera production in the US marks a significant
milestone in the development of these exciting technologies," said Tolga Oal,
vice president and general manager, TRW Global Electronics. "Automotive
cameras have the potential to assist drivers in many ways from a safety,
comfort and convenience standpoint. The demand will not be limited to the
luxury car segments, with TRW launching its affordable camera technology on
popular mid-sized sedans and sport utilities over the next several years."

TRW started production of its first generation camera in 2008 on the European
Lancia Delta and launched its second generation camera (S-Cam) in 2011. By
late 2013 the S-Cam will be available on vehicles from five major OEM's in
North America, Europe and Asia. The third generation will be launched on a
number of 2016 model year applications.

About TRW

With 2012 sales of $16.4 billion, TRW Automotive ranks among the world's
leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the
Company, through its subsidiaries, operates in 25 countries and employs
approximately 65,000 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. 

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, 2012 (our "Form 10-K"), such as: any developments related to antitrust
investigations adversely affecting our financial condition, results, cash
flows or reputation; economic conditions adversely affecting our business,
results or the viability of our supply base; the unsuccessful implementation
of our current expansion efforts adversely impacting our business or results;
any shortage of supplies causing a production disruption for any customers or
us; strengthening of the U.S. dollar and other foreign currency exchange rate
fluctuations impacting our results; risks associated with non-U.S. operations,
including economic and political uncertainty in some regions, adversely
affecting our business, results or financial condition; any inability to
protect our intellectual property rights adversely affecting our business or
our competitive position; the loss of any of our largest customers materially
adversely affecting us; commodity inflationary pressures adversely affecting
our profitability or supply base; pricing pressures from our customers
adversely affecting our profitability; 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 adverse
effects on our business, reputation and results from governmental regulations;
costs or liabilities relating to environmental, health and safety regulations
adversely affecting our results; work stoppages or other labor issues at our
facilities or at the facilities of our customers or those in our supply chain
adversely affecting our business results or financial condition; any
disruption in our information technology systems adversely impacting our
business and operations; 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.

Website: http://www.trw.com
Contact: Lynette Jackson/TRW Automotive, +44 121 506 5315/
lynette.jackson@trw.com, Louise Colledge / TRW Automotive, +44 121 506 5317/
louise.colledge@trw.com, John Wilkerson/TRW Automotive, 734.855.3864 /
john.wilkerson@trw.com
 
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