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Visteon and Advanced Global Technology Announce Exclusive Retail Distribution AllianceJanuary 15, 2007Advanced Global Technology selected as Visteon’s Exclusive Retail Distribution Partner Las Vegas, Jan. 8, 2007– Visteon Corporation (NYSE: VC), and Advanced Global Technology (AGT) today announced an exclusive retail distribution partnership to market, sell, and distribute Visteon aftermarket consumer electronics products. AGT will be distributing three new Visteon HD Radio™ receivers, the Visteon HD Jump™, the Visteon HD Zoom™ and the Visteon HD Pulse™ Table Top Radio along with a full line of accessory products designed to enhance the installation and reception of HD Radio™. HD Jump™ is the first true HD Radio™ Plug and Play receiver of its kind. The unit delivers premium new HD2 multicast channels and crystal-clear sound and can be used in a car, truck, RV or home. HD Zoom™ is a new HD Radio™ receiver that is designed to easily connect to either an aftermarket or factory-installed car audio systems to receive digital HD Radio programming. HD Pulse™ Table Top Radio is a new HD Radio™ receiver delivering high performance audio with a sleek design and intuitive controls. The unit features a large backlit six-line display, alarm clock feature and is available in a variety of colors to match any décor. "We selected Advanced Global Technology (AGT) as our exclusive retail distribution partner because of their strong reputation, outstanding customer service, and broad reach to the big box and mass retailer marketplace," said Greg Gyllstrom, Vice President Visteon North American aftermarket. "This partnership allows Visteon to expand its automotive product expertise and advanced technology to the aftermarket consumer retailer marketplace." "The partnership between Visteon and Advanced Global Technology (AGT) is an ideal match," said Ben Lowinger, Advanced Global Technology (AGT) President. "given the leadership in the automotive space and advanced technology development at Visteon, paired with the HD2 multicast channels and crystal-clear HD Radio™ sound, and Advanced Global Technology (AGT) proven capabilities in the retailer sector, we expect these new Visteon products to deliver explosive growth for HD Radio™ in both awareness and sales." The Visteon HD Jump™, HD Zoom™, and HD Pulse™ Table Top Radio will be available at retailers across the country this spring. About Visteon Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has more than 170 facilities in 26 countries and employs approximately 46,000 people. About Advanced Global Technology (AGT) Advanced Global Technology, LLC (AGT) is a proven leader for cutting-edge product designs. Furthermore, AGT and its global manufacturing, distributes and markets high quality and high performance XM Satellite Radio plug-and-play receivers combined with all-encompassing technologically advanced satellite radio accessories. In addition to its XM Satellite Radio products, AGT provides an extended and original line of consumer electronics that easily blends technology with the lifestyles of today's consumers. AGT produces inventive and imaginative products that effortlessly integrate with automobiles, home-stereos, home-theaters, boats, motorcycles and recreational vehicles and personal-wearable portables. For a list of HD Radio stations in your area, please visit www.hdradio.com. For more information, please visit http://www.visteon.com/ and http://www.Advancedgt.com/ |
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