VC Visteon Corporation

Visteon Recognizes Outstanding Suppliers For Contributions to Value-Based Supply Chain Freescale Semiconductor named Global Visteon Important Partner of the Year VAN BUREN TOWNSHIP, Mich., June 2 /PRNewswire/ -- Visteon Corporation (NYSE:VC) recognized 18 "Best In Class" suppliers at its annual Visteon Important Partner (VIP) awards program today at Visteon Village in Van Buren Township, Mich. Visteon named Freescale Semiconductor as Global Visteon Important Partner of the Year. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) "We view our supplier partners as an extension of our business and continuously work to foster stronger and more collaborative relationships so we can deliver innovative and high-quality products to our customers," said Paul Radkoski, Visteon vice president, North American materials management. "It's a value-based marketplace and Visteon is focused on creating a value- based supply chain for our customers and recognizing our outstanding suppliers." The annual awards program recognized suppliers exemplifying "Best in Class" performance and going "above and beyond" to meet Visteon's needs and expectations. Selection criteria focused on supplier performance in terms of quality, delivery, value, technical capability and customer service. Supplier awards were granted for the following areas: metals, non-metals, electronics, non-production goods and services, transportation and exemplary minority supplier in North America. VIP award nominees undergo a thorough review of their performance and business contributions by a global cross-functional Visteon team, with inputs from manufacturing, product development, supplier quality, customer business groups and purchasing. Award recipients must achieve 100 percent concurrence across all customer functions and operating regions to confirm that they have demonstrated the high level of performance that Visteon promotes within its supply base. From among the VIP award winners, Freescale Semiconductor was selected as the Global Visteon Important Partner of the Year. Freescale Semiconductor earned the award based on an assessment of all the category winners and their levels of achievement in delivering business results, efficiency throughout the supply chain, application of lean principles from information flow to product flow and efforts to help maximize the leveraging of resources and expertise throughout the supply chain. "Freescale Semiconductor and all its employees truly performed beyond expectations; they worked collaboratively and are being recognized as the best of the best, a true partner in adding value for our customers," said Radkoski. "Freescale has supported Visteon in many ways, including the development of alternate resins to support design and manufacturing-related issues." The following is a complete list of VIP award winners, shown by the commodity group for which they supply components or materials to Visteon: In North America Metals Commodity Group: * Automatic Spring * Bing Metal Group Non-Metals Commodity Group: * Goodyear, Inc. * Polywheels * PPG Electronics Commodity Group: * Freescale Semiconductor ADP * DeAmertek Non-Production Commodity Group: * Equity Industrial * Redoe Mold Transportation Commodity Group: * Ryder Minority Supplier: * Enerflex In Europe Metals Commodity Group: * Hydro Aluminum Non-Metals Commodity Group: * Solvay Electronics Commodity Group: * Stanley * Freescale Semiconductor Non-Production Commodity Group: * Sigma * Veolia Environment Transportation Commodity Group: * Astral Auto Logistics GMBH Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has about 70,000 employees and a global delivery system of more than 200 technical, manufacturing, sales and service facilities located in 24 countries. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Robin Pannecouk, +1-734-710-5575, , or Jim Fisher, +1-734-710-5557, , both of Visteon Corporation Web site: http://www.visteon.com/

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