Amerigon Total Climate Control Seats to Debut in Luxury Customized Vehicles from Mark III; To Be Shown at NADA in New Orleans Jan. 31 to Feb. 4.IRWINDALE, Calif.--(AutomotiveWire)--Jan. 15, 1998--Amerigon Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ARGNA) Thursday announced that it has started manufacturing the first production models of the company's patented Climate Control Seat (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. ) system for shipment at the end of January to Ocala-Fla.-based Mark III Mark III can refer to:
The agreement with Mark III, announced in October of last year without identifying the customer, is the first of such alliances between Amerigon and an Original Equipment Manufacturer (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 ). Mark III will debut the CCS option at the National Automobile Dealer Association convention in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , which runs from Jan. 31 to Feb. 4. The Amerigon CCS System is the world's first active temperature control system for motor vehicle seats. While other seats provide heating, this innovative system is the first to provide heating and cooling, ensuring the utmost in passenger comfort on cold, as well as hot sticky days. The air circulated through the surface of the seats by the system also keeps occupants virtually moisture-free, helping them to feel dry and comfortable even in extreme temperatures. The CCS system will be offered by Mark III as an option on its luxury customized vehicles, which will be available via dealers to consumers for the first time nationwide in February. 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 chairman and chief executive officer Lon E. Bell, Ph.D., "We believe that revenue from the Mark III agreement will start modestly and grow throughout this year and beyond. While recording our first product revenues is important, the adoption of the CCS System by Mark III represents the achievement of a significant early milestone in our strategy to establish a broad range of OEM relationships within the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. ." Amerigon expects to begin recording revenue from the Mark III agreement in the first quarter ending March 31, 1998. Based on technology originally developed for military and aerospace applications, the CCS System is compact, solid-state and quiet. Depending on temperature settings determined by the vehicle's occupants, the CCS System circulates hot or cold air through the seat to enhance passenger comfort. Mark III Chief Executive Officer Larry Lincoln commented, "The key to driver and passenger comfort is the seat temperature control system. Each seat has individual input controls, which allow the occupant to set the system to his or her own personal comfort level. "We're dedicated to providing our customers with the ultimate in driver and passenger comfort," he said. "The inclusion of the Climate Control Seats in our vehicles reflects Mark III's ongoing commitment to lead the way in new vehicle technology. Amerigon's CCS system is the next step in individual passenger comfort, and provides us with one more significant advantage over other manufacturers." "Not only does the CCS system provide heating and cooling comfort in an environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] manner with no CFCs," Dr. Bell added, "it also consumes very little power, representing minimal drain on a vehicle's power supply." Mark III Industries is the nation's leading manufacturer of luxury vehicle conversions. The company, founded in 1978, has manufacturing facilities in Elkhart, Ind. and Ocala, Fla. Mark III has produced over 350,000 conversion vehicles under the Mark III, Tiara and Triple Crown brand names. Amerigon Inc. develops and markets proprietary high-technology products for the automotive market. Its products include: Amerigon Climate Control Seat system (CCS), the world's first system to provide motor vehicle seats with active heating, cooling and virtually moisture-free passenger comfort; and Amerigon Radar Technology (ART) to extend the driver's "field of view" in such vehicle maneuvering applications as enhanced parking aids and back-up warning systems. -0- This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. (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, uncertainty 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. CONTACT: Allen & Caron Inc. Damon Wright (investors) Owen Daley (media) 714/252-8440 or Amerigon Scott Davis Scott Davis is the name of various people:
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