WABCO Announces Agreement to Supply its Breakthrough Emergency Braking Technology to Hyundai, South Korea's Largest Manufacturer of Commercial Vehicles

(PresseBox) ( Brussels, Belgium, )
WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, today announced that the company has entered into a long term agreement with Hyundai Motor Company, South Korea's largest manufacturer of commercial vehicles, to develop and supply WABCO's OnGuardPLUS(TM) system, a breakthrough in emergency braking technology.

OnGuardPLUS, an advanced emergency braking system (AEBS), reduces risk of colliding with moving vehicles ahead as well as decelerating vehicles ahead that come to a standstill. It fully applies brakes in imminent collision situations. It provides the driver with acoustic and visual warning. It autonomously initiates emergency braking, enables maximum possible deceleration and can bring the vehicle to a complete stop. It also reacts to stationary vehicles ahead, for example, when approaching traffic congestion.

OnGuardPLUS is the commercial vehicle industry's first system in compliance with the European Union's expected regulation to make AEBS mandatory on new heavy duty commercial vehicles in all 27 EU member countries from November 2013. AEBS is also expected to become mandatory in South Korea and up to 29 other countries worldwide where AEBS for commercial vehicles will be adopted in accordance with the United Nations Economic Commission for Europe's Regulation 13 for braking.

WABCO is already developing OnGuardPLUS applications for Hyundai Motor's new range of heavy duty trucks and the company expects to start deliveries of OnGuardPLUS systems for series production in 2013. WABCO will also supply the same Hyundai Motor commercial vehicles with Adaptive Cruise Control (ACC). ACC automatically adjusts the truck's speed to maintain a preset distance to the moving vehicle ahead. It reacts with acoustic and visual warning, engine control and, if necessary, by partially applying the brakes.

"As a leading global commercial vehicle manufacturer, Hyundai Motor continues to focus on maximizing customer satisfaction through world class product quality and service, and particularly through advanced vehicle safety," said Sang Bock Park, Principal Research Engineer, Hyundai Motor Company. "We are pleased to demonstrate our own technology innovation through early adoption of WABCO's OnGuardPLUS system, an industry breakthrough in emergency braking which, indeed, creates added value for our customers."

"WABCO shares Hyundai Motor's passion for excellence and we are proud to contribute our new OnGuardPLUS system as it offers their customers significantly advanced vehicle safety and increased driver effectiveness," said Leon Liu, WABCO President, Asia. "This new business with Hyundai Motor also further strengthens WABCO's leading position in Asia as we continue to create value for customers through access to our global engineering network."

"Hyundai Motor marks another major innovation achievement in commercial vehicle safety through early adoption of OnGuardPLUS," said Jean-Christophe Figueroa, WABCO Vice President, Vehicle Dynamics and Control. "Bringing OnGuardPLUS to market with Hyundai Motor highlights our mutual technology leadership as we progressively increase levels of vehicle safety together with other participants in our industry to substantially reduce the number of commercial vehicle accidents by 2020."

WABCO's breakthrough OnGuardPLUS system builds on the company's innovative OnGuard safety technology. As of 2010, customers have driven collectively more than 1 billion highway miles (over 1.6 billion kilometers) protected by OnGuard safety systems.
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