Amerigon Ships Initial Climate Control Seat Order to Mark III for Customized Luxury Vehicle Installations; Mark III Nation's Largest Converter of Vans, Minivans, Trucks.IRWINDALE, Calif.--(AutomotiveWire)--July 14, 1998--Amerigon Inc. (Nasdaq:ARGNA) Tuesday reported that it recently shipped an initial production order of its patented Climate Control Seat(TM) system (CCS (1) (Common Channel Signaling) A communications system in which one channel is used for signaling and different channels are used for voice/data transmission. Signaling System 7 (SS7) is a CCS system, also known as CCS7. See SS7. (TM)) to Ocala, Fla.-based Mark III Mark III can refer to:
The CCS is being offered to Mark III customers as an option in its luxury models through its dealer network, which includes Chrysler, Ford and General Motors dealers. The companies had signed an agreement last fall, marking the first such OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and contract for Amerigon's proprietary CCS System. CCS is the world's first active temperature control system for motor vehicle seats, offering both warming and cooling at the touch of a finger without relying on the vehicle's engine or air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. system. In a statement issued earlier this year, Mark III Chief Executive Officer Larry Lincoln commented, "We're dedicated to providing our customers the ultimate in driver andpassenger comfort. The CCS reflects Mark III's ongoing commitment to lead the way in new vehicle technology." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Amerigon President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Richard A. Weisbart, the Mark III production order "is a major marketing milestone and supports our position as an emerging key player in the automotive accessory market place." Weisbart said that the company is also working with major-name auto manufacturers in North America, Europe and the Pacific Rim on programs to present the CCS system as a luxury option in near-future model years. At the same time, Amerigon has provided approximately 30 prototype seat models for review by the world's largest automakers and vehicle seat manufacturers. Amerigon develops and markets proprietary high-technology products for the automotive market. Besides CCS, its products include Amerigon Radar Technology (ART) to extend the driver's field of view in such vehicle applications as enhanced parking aids and back-up warning systems. This release contains forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and uncertainties. Such statements may be identified by the use of "believe," "estimate," "anticipate," "continue" or similar terms, variations of such terms or the negative of such terms. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements, including, without limitation, demand for the company's products, uncertainties in the development of high technology products, risks and delays in obtaining customer orders, technological change, competition and other risks and uncertainties that are detailed in the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other reports filed by it with the Securities and Exchange Commission.
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