VC Visteon Corporation

Visteon's Long Life Filtration System Receives PACE Award for Product Innovation DEARBORN, Mich., March 9 /PRNewswire-FirstCall/ -- In keeping with its strong reputation for innovation and integration expertise, Visteon Corporation wins the 2004 PACE (Premier Automotive Suppliers' Contribution to Excellence) Award in the Product category. Visteon's Long Life Filtration, zero-maintenance air filter, received this prestigious industry award at the 10th annual Automotive News PACE Awards ceremoniesheld March 8, 2004 at the Detroit Opera House. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Visteon's Long Life Filtration System won the award, while the corporation's TACNET, an integrated tactical network that centralizes the command and control of multiple electronic systems for emergency response teams, received honorable mention. Visteon's Long Life Filtration System is an innovative, patented system and the only Tier I zero-maintenance long-life filter. This air induction system contains a reticulated foam filter that traps over 300 grams of dust, salt, moisture and other corrosives. It delivers a 150,000- to 200,000-mile filter life, virtually eliminating the need for replacement filters. This unique system solution reduces manufacturer warranty costs associated with air filter service and can save consumers as much as $150 or more over the life of the vehicle. In addition, because this system doesn't require regular maintenance attention, there is a great dealof flexibility in packaging the system within the vehicle. The entire air induction system could even be placed in another section of the vehicle, freeing up valuable space near the engine. "We are truly honored to be a PACE award winner. We believewe are leaders in delivering game-changing products for our customers and consumers," said Peter J. Pestillo, chairman and chief executive officer of Visteon Corporation. "To help our customers change the playing field, we apply our extensive consumer knowledge and customer-focused value propositions to deliver innovation and to integrate complex systems." The Automotive News PACE Award recognizes supplier innovation in process and product. The awards are designed to recognize companies in the automotive industry that have delivered game-changing innovation to meet the needs of OEM customers and consumers. This is the second time in the last three years that Visteon innovations have been among the finalists or award winners for this prestigiousindustry award. 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 approximately 72,000 employees and a global delivery system of more than 180 technical, manufacturing, sales, and service facilities located in 25 countries. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Robin Pannecouk of Visteon Corporation, +1-313-755-9121, Web site: http://www.visteon.com/

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