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SOURCE TRW Automotive Holdings Corp.
HOCKENHEIMRING, Germany, June 4, 2014 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW) is demonstrating its Emergency Steering Assist (ESA) system on a prototype vehicle at an event at the Hockenheimring today. ESA helps support the driver in an emergency situation when an evasive steering maneuver is initiated. The system applies an additional steering torque during the maneuver and assists the driver in lateral vehicle guidance.
Dr. Carsten Hass, engineering manager, Integrated Active & Passive Safety Systems, TRW, commented: "Emergency Steering Assist is our next step in collision avoidance. For example, if you swerve to avoid an obstacle, the system will calculate the optimal trajectory around it and additional steering torque will be applied to help to follow the trajectory and stabilize the car. The driver remains in control of the vehicle and can override the system at all times. ESA is designed to enhance the driver response by helping the driver to react faster and more accurately."
ESA integrates data from TRW's video camera and radar sensors to provide an accurate and real-time image of the road ahead, with an interface to the electrically powered steering (EPS) system.
TRW has developed the system together with the TU Dortmund (Technische Universität Dortmund) and anticipates that the technology will be ready for production in 2017 for 2018 model year applications.
With 2013 sales of $17.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 24 countries and employs approximately 65,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (our "Form 10-K") and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2014, such as: economic conditions adversely affecting our business, results or the viability of our supply base; risks associated with non-U.S. operations, including economic and political uncertainty in some regions, adversely affecting our business, results or financial condition; the unsuccessful implementation of our current expansion efforts adversely impacting our business or results; any developments related to antitrust investigations adversely affecting our financial condition, results, cash flows or reputation; pricing pressures from our customers adversely affecting our profitability; global competition adversely affecting our sales, profitability or financial condition; any disruption in our information technology systems adversely impacting our business and operations; any shortage of supplies causing a production disruption for any customers or us; the loss of any of our largest customers or a significant amount of their business, or a significant decline in their production levels, adversely affecting us; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; our contingent liabilities and tax matters causing us to incur material losses or costs; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; commodity inflationary pressures adversely affecting our profitability or supply base; costs or adverse effects on our business, reputation or results from governmental regulations; work stoppages or other labor issues at our facilities or those of our customers or others in our supply chain adversely affecting our business, results or financial condition; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
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