BSRS Restraint Systems Introduces Remote Firing System.

DETROIT--(BUSINESS WIRE)--March 1, 1999--BSRS Restraint Systems, a joint venture of BREED Technologies (NYSE:BDT) and Siemens Automotive Systems, announced advancements in automotive safety technology during the company's first international press conference held in Detroit today.

BSRS introduced its remote firing system, which is a new safety restraint control system that streamlines electronic controls by moving power circuits and capacitors from the electronic control unit (ECU) to the igniter. This shift provides an increased level of flexibility in the restraint system, allowing OEMs to use a common ECU for a wide range of platforms with a different number of firing loops. The system also reduces package size of the central ECU, offers modular expandability without modifying the ECU and provides added immunity against unwanted deployment during service and manufacturing. This remote firing system is the first product launched by the BSRS joint venture company, and was recently selected for inclusion in a future model year platform by a major automobile manufacturer.

"Our remote firing system reflects the combined technical expertise of BREED and Siemens. Incorporating electronics into an igniter requires a unified approach to both pyrotechnic and electronic design. We strongly believe that this product will replace current central airbag electronics, as restraint systems become more complex," stated BSRS Chief Executive Officer Wolfgang Schaefer.

BSRS Restraint Systems was formed in 1998 by BREED Technologies and Siemens Automotive to meet the increasing market demand for integrated automotive occupant safety systems. Headquartered in Alzenau, Germany, the company has three system application facilities in North America, Europe and Asia Pacific combined with a strong network of sales offices around the world and direct access to the extensive engineering, testing and manufacturing facilities of both BREED and Siemens.