PARIS, France, April 17 --Valeo Raytheon Systems, a joint venture between Valeo and
Raytheon Company, has received the prestigious automotive industry 2007 PACE Award in the product innovation category for its Blind Spot Detection System.
The award, co-sponsored by Automotive News, Microsoft, SAP and the Transportation Research Center (TRC), was presented to Valeo at a ceremony held in conjunction with the Society of Automotive Engineers World Congress in Detroit.
"We are honored to receive this prestigious award recognizing that Valeo's Blind Spot Detection system has made a significant impact in improving vehicle safety," said Thierry Morin, Valeo Chairman and Chief Executive Officer. "The Blind Spot Detection system is one of our Driving Assistance technologies to provide 360-degree surveillance of the vehicle's immediate environment."
"We are excited about the PACE committee's recognition of our efforts as well as the positive response of the joint venture's customers around the world," said Mark E. Russell, Vice President, Raytheon Company.
The system continuously monitors the rear blind spots on both sides of the vehicle. When a vehicle is present in either blind spot, the driver is alerted to this potential hazard by a visible icon displayed in the side view mirror. By using multiple narrow beams of radar to recognize objects in the blind spot, the system allows for unprecedented accuracy in determining the position and distance of the object as well as its relative speed and direction of travel. Blind spot detection sensor technology works in all weather conditions and is invisible. Sensors are located on each side of the vehicle, behind the rear plastic bumper. The system is expected to contribute to reducing collisions with unseen vehicles during lane change maneuvers.
Vehicles equipped with this system will be available in North America and Europe during 2007.
The 2007 PACE Award is Valeo's third consecutive PACE Award.
Valeo also received PACE Awards in 2006 for the StARS micro-hybrid system and in 2005 for the LaneVue(TM) system.
Valeo is an independent industrial group dedicated to the design, production and sale of components, integrated systems and modules for cars and trucks. It is one of the world's leading automotive suppliers. The Group has 129 production sites, 68 R&D centers, 9 distribution platforms, and employs 69,800 people in 29 countries worldwide.
Source: Valeo Management Services
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