newsrelease              

CTS CORPORATION  Elkhart, Indiana 46514  •  (574) 293-7511   

 

 



 February 15, 2007

FOR RELEASE:  Immediately


CTS Awarded Production Programs for Seat Belt Tension Sensors


Elkhart, IN…CTS Corporation (NYSE: CTS) today announced that CTS Automotive Products was awarded multiple production programs for its Seat Belt Tension Sensor (BTS) by a major North American global vehicle manufacturer.  CTS’ Seat Belt Tension Sensor will be integrated into seat belt assemblies for small and mid-sized vehicles built and sold in North America.  Production will begin in the spring of 2007 to support new 2008 model year vehicles.  Total sales are estimated to reach $13 million over the life of these programs.  CTS will manufacture the BTS units at its Elkhart, Indiana facility.

Introduced in 2003, CTS’ Seat Belt Tension Sensor is currently featured on 39 platforms. The BTS provides a key input signal to a vehicle’s Occupant Classification System, which classifies front passenger-side occupants and selects the airbag deployment strategy.

“CTS is delighted to be awarded these programs,” stated Tyler Buchanan, Senior Vice President, CTS Corporation. “With these awards, CTS continues to demonstrate the value of this product to the marketplace for occupant safety.”

For more information on CTS’ Seat Belt Tension Sensors, please contact Doug Cors at (574) 389-2744.
 

About CTS Automotive Products
CTS Automotive Products is a global leader in the design, test and manufacture of automotive sensors, accelerator pedal modules, actuators and subsystems. Recognized for its customer responsiveness and expertise in high-volume automotive packaging, CTS Automotive Products is focused on delivering value-added products and services to its expanding worldwide customer base. The Company manufactures automotive and related products in Elkhart, Indiana; Toronto, Canada; Glasgow, Scotland; Ostrava, Czech Republic; Matamoros, Mexico; Kaohsiung, Taiwan; and Dongguan, China. 
 

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.” 
 

Safe Harbor Statement
This press release contains 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, any financial or other guidance, statements that reflect our current expectations concerning future results and events, and any other statements that are not based solely on historical fact.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.  These forward-looking statements are made subject to certain risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from those presented in the forward-looking statements.  For more detailed information on the risks and uncertainties associated with CTS’ business, see our reports filed with the SEC.  CTS undertakes no obligation to publicly update its forward-looking statements to reflect new information or events or circumstances that arise after the date hereof, including market or industry changes.   
 

Contact:      Vinod M. Khilnani, Senior 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