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CTS
CORPORATION Elkhart, Indiana 46514 (574) 293-7511
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September 20, 2005
FOR RELEASE: Immediately
CTS Automotive Receives “Excellent Launch Award” From Toyota
Elkhart, IN…CTS Corporation (NYSE:CTS) a global leader in the design and
manufacture of automotive sensors, actuators and subsystems, was honored last
week by Toyota Motor Manufacturing North America (TMMNA) with an “Excellent
Launch Award” for design, quality, and launch coordination of its Electronic
Throttle Control (ETC) Pedal Assemblies for the Toyota Avalon. The award was
handed out at the 2005 Fall Supplier Event in Lake Tahoe, Nevada.
"Our focus on customer satisfaction and continuous improvement led to this
recognition by Toyota," said Jeff McCurley, CTS Automotive Products vice
president and general manager. "We are proud of the excellent work by our
employees to support the Avalon launch and that this work has been acknowledged
by such a valued customer. Toyota is known for setting high expectations for
their suppliers. It is an honor to be among those who have exceeded those
standards," continued McCurley.
Toyota recognized CTS’ achievement in the following areas:
Osamu Nagata, vice president of purchasing for TMMNA commented, “The
Excellent Launch Award represents a high level of supplier performance that
TMMNA recognizes in the area of supplier production preparation.” Nagata
continued, “We appreciate CTS’ strong and dedicated performance as a supplier
who made a significant contribution to the successful launch of the Toyota
Avalon.”
About CTS Automotive Products
CTS Automotive Products designs and manufactures sensors, actuators, and
subsystems used in powertrain, safety, suspension, fuel and emissions control
systems for automotive manufacturers worldwide. The Company manufactures
automotive and related products in Elkhart and Berne, Indiana; Streetsville,
Ontario, Canada; Glasgow, Scotland; Matamoros, Mexico; Kaohsiung, Taiwan; and
Dongguan, China.
For more information on ETC pedal modules and related products, please contact
Ken Kochanowski at 574-389-2749.
About CTS
CTS is a leading designer and manufacturer of electronic components and sensors
and a provider of electronics manufacturing services (EMS) to OEMs in the
automotive, computer, communications, medical and industrial markets. CTS
manufactures products in North America, Europe and Asia. CTS' stock is traded on
the NYSE under the ticker symbol "CTS." To find out more, visit the CTS Web site
at www.ctscorp.com.
Safe Harbor Statement
This press release contains certain statements that are, or may be deemed to be,
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include, but are
not limited to, statements regarding the business and strategic benefits of the
SMTEK acquisition, any financial or other guidance, and all statements that are
not based on historical fact, but rather reflect our current expectations
concerning future results and events. We make certain assumptions when making
forward-looking statements, any of which could prove inaccurate, including, but
not limited to, statements about our future operating results and business
plans. The ultimate correctness of these forward-looking statements is dependent
upon a number of known and unknown risks and events, and is subject to various
uncertainties and other factors that may cause our actual results, performance,
or achievements to be different from any future results, performance, or
achievements expressed or implied by these statements.
For more detailed information on the risks and uncertainties associated with
CTS' business activities, see our reports filed with the SEC. CTS undertakes no
obligation to publicly update its forward-looking statements, whether as a
result of market or industry changes, new information or future events.
| Contact: | Vinod M. Khilnani, Sr. Vice President and Chief Financial
Officer, or Mitchell J. Walorski, Director of Investor Relations |
| CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514 | |
| Telephone: (574) 293-7511, Fax: (574) 293-6146 | |
| www.ctscorp.com |