BWA BorgWarner Inc

AUBURN HILLS, Mich., July 17 /PRNewswire-FirstCall/ -- In the first North American application of BorgWarner's (NYSE:BWA) Interactive Torque Management (ITM 3e(TM)) system, BorgWarner's all-wheel drive (AWD) technology will be standard on the 2007 model year Chrysler Pacifica models with AWD, which is expected to launch later this year. "We are proud to launch another front-wheel, all-wheel drive application using BorgWarner's new ITM 3e(TM) system, and we're delighted to introduce this technology to DaimlerChrysler," said Cindy Niekamp, President and General Manager, BorgWarner TorqTransfer Systems. "As a global leader in advanced front-wheel drive-based all-wheel drive technology, we are pleased to provide the next generation of Pacifica drivers with the enhanced vehicle traction, stability and handling that the system offers." The ITM 3e(TM) system debuted last year. It is the latest, next- generation interactive technology available as part of BorgWarner's growing iTrac(TM) torque management systems portfolio, a full-line of active torque management devices focused on the needs of the expanding front-wheel drive/all-wheel drive market. In addition to providing the ITM 3e(TM) hardware, BorgWarner will also supply the Chrysler Pacifica with electronics, software controls and electronics vehicle integration support. These capabilities are core competencies of BorgWarner and provide automakers like Chrysler with outstanding vehicle performance. The ITM 3e(TM) system uses sophisticated controls and algorithms to sense slip, and converts the front-wheel drive-based platform to all-wheel drive within milliseconds. This enhances vehicle handling and traction by optimally using grip at both the front and rear wheels. At highway speeds, the system automatically reduces power transfer to the rear wheels, which enhances fuel economy versus other all-wheel drive systems. In addition, the ITM 3e(TM) system is designed to work in cooperation with other vehicle systems like anti-lock brakes and electronic stability programs to further enhance traction and stability. Auburn Hills, Michigan-based BorgWarner Inc. (NYSE:BWA) is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The company operates manufacturing and technical facilities in 62 locations in 17 countries. Customers include Ford, VW/Audi, DaimlerChrysler, General Motors, Toyota, Renault/Nissan, Hyundai/Kia, Honda, BMW, Caterpillar, Navistar International, and Peugeot. The Internet address for BorgWarner is: http://www.borgwarner.com/ . Statements contained in this news release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. Such risks and uncertainties include: fluctuations in domestic or foreign automotive production, the continued use of outside suppliers by original equipment manufacturers, fluctuations in demand for vehicles containing the Company's products, general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Risk Factors identified in the Form 10-K for the fiscal year ended December 31, 2005. The Company does not undertake any obligation to update any forward-looking statement. DATASOURCE: BorgWarner Inc. CONTACT: Beth Feikens of BorgWarner Inc., +1-248-754-0883 Web site: http://www.borgwarner.com/

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