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TRW Receives Toyota Award for Technology & Development

PRNewswire-FirstCall
NAGOYA, Japan
Mar 13, 2002

TRW Automotive has received this year's Award for Technology & Development from Toyota Motor Corp., Toyota City, Japan, recognizing the company as a top innovator in the automotive supplier arena. This award marks the second time that Toyota has granted this prestigious award to TRW. The award was presented to John Jones, vice president, operations, Asia-Pacific, TRW Automotive, in a ceremony held on February 28, 2002, at Toyota's Global Suppliers Convention in Nagoya, Japan.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO )

TRW was honored with the Toyota Award for Technology & Development for developing a new generation Side Impact Satellite Module, a sensor that detects side impact crashes. The new sensor design significantly reduced the size, weight, and cost over previous generation devices. In addition, state- of-the-art-manufacturing techniques were used, thereby greatly simplifying assembly processes -- both during sensor manufacturing as well as during vehicle assembly. The TRW Automotive business in Farmington Hills, Mich. developed the sensor which was presented to Toyota as a cost savings initiative. The sensor initially debuted on the 2002 UK and U.S. Corolla and is custom-designed for Toyota. The U.S. Corolla was a new business win for TRW for this product. The new side impact sensor manufactured at TRW's Marshall, Ill. facility launched in December 2001.

John Plant, president and chief executive officer, TRW Automotive, said, "We are honored to receive this technology award from Toyota and continue our tradition of supplying Toyota with inventive products with superior quality. TRW is seeking to be a key supply partner with Toyota around the world, and recognition like this is extremely important to achieving that goal."

Toyota officials said TRW's Side Impact Satellite Module has enabled the company to achieve cost savings with a high quality product that is smaller, lighter, and less expensive. Toyota looks for companies that bring significant cost savings to the company without compromising quality when considering suppliers for the award, Toyota officials indicated. The Toyota Award for Technology & Development is awarded annually.

TRW Automotive is a world leader in braking systems, steering systems, suspension systems, occupant safety systems, electronics, fastening systems, engine valves and aftermarket replacement parts for the global automotive industry. TRW Inc. (NYSE: TRW) provides advanced technology products and services to the automotive, aerospace and information technology markets. The company's 2001 sales were $16.4 billion (USD). TRW news is available on the Internet at www.trw.com .

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NewsCom: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 SOURCE: TRW Automotive

Contact: Juli Ballesteros of TRW USA, +1-703-345-9053, or Lynette Jackson of TRW Europe, +44-121-506-5315

Website: http://www.trw.com/


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