Amerigon Climate Control Seat® (CCS®) System Selected as Option for All-New 2011 Ford Explorer
Date : 11/02/2010 @ 6:00AM
Source : PR Newswire
Stock : Amerigon Incorporated (MM) (ARGN)
Quote : 10.7 0.0 (0.00%) @ 9:28AM
Amerigon Climate Control Seat® (CCS®) System Selected as Option for All-New 2011 Ford Explorer
Amerigon Incorporated (MM) (NASDAQ:ARGN)
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Today : Tuesday 2 November 2010
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Amerigon Incorporated (Nasdaq: ARGN), a leader in developing and marketing products based on advanced thermoelectric (TE) technologies, announced today that its proprietary Climate Control Seat® (CCS®) system has been selected for the all-new 2011 Ford Explorer, a mid-size Sport Utility Vehicle (SUV). The heated and cooled seat system is included in the luxury seating package for the front seats of the Limited model.
Amerigon President and Chief Executive Officer Daniel R. Coker said, "Offering luxury technologies like our heated and cooled seat system to make life on the road more comfortable year round is an important value creator and product differentiator with proven appeal to consumers. We believe our seat system will continue to be a popular and highly requested feature as it has in other broadly recognized Ford vehicles. We have a long-standing partnership with Ford and are pleased to have our technology offered in this successful vehicle line."
Other vehicles from Ford that offer CCS include the Ford Expedition, Ford Taurus, Ford F-150 Truck and Ford F-250 Truck.
About CCS
In the CCS system, which is built around Amerigon's highly-efficient, solid-state thermoelectric device, air is forced through the heat pump and thermally conditioned in response to electronic switch input from the seat occupant. The conditioned air circulates by a specially designed fan through ducts in the seat cushion and seat back, resulting in a surface that can be heated or cooled. Each seat has individual electronic controls to adjust the level of heating or cooling. CCS substantially improves comfort compared with conventional air conditioners by focusing the cooling directly on the passenger through the seat, rather than waiting until ambient air cools the seat surface behind the passenger.
Amerigon is the largest supplier of TE systems for cars, with more than 6.5 million thermoelectric-based seat systems sold.
About Amerigon
Amerigon (NASDAQ-GS: ARGN) develops products based on its advanced, proprietary, efficient thermoelectric (TE) technologies for a wide range of global markets and heating and cooling applications. The Company's current principal product is its proprietary Climate Control Seat® (CCS®) system, a solid-state, TE-based system that permits drivers and passengers of vehicles to individually and actively control the heating and cooling of their respective seats to ensure maximum year-round comfort. CCS, which is the only system of its type on the market today, uses no CFCs or other environmentally sensitive coolants. Amerigon maintains sales and technical support centers in Southern California, Southeast Michigan, Japan, Germany, England and Korea. For more information, visit the Company's website at www.amerigon.com.
Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties, and actual results may be different. Important factors that could cause the Company's actual results to differ materially from its expectations in this release are risks that sales may not significantly increase, additional financing, if necessary, may not be available, new competitors may arise and adverse conditions in the automotive industry may negatively affect its results. The liquidity and trading price of its common stock may be negatively affected by these and other factors. Please also refer to Amerigon's Securities and Exchange Commission filings and reports, including, but not limited to, its Form 10-Q for the period ended September 30, 2010, and its Form 10-K for the year ended December 31, 2009.
Contact:
Allen & Caron Inc
Jill Bertotti (investors)
jill@allencaron.com
Len Hall (media)
len@allencaron.com
(949) 474-4300
SOURCE Amerigon Incorporated
