Amerigon Climate Control Seat® (CCS®) System Selected as Option for 2013 Ford Flex
NORTHVILLE, Mich., March 12, 2012 /PRNewswire/ --Amerigon Incorporated (NASDAQ-GS: ARGN - News), a global developer and marketer of innovative thermal management technologies, announced today that its proprietary Climate Control Seat (CCS) system has been selected for the 2013 Ford Flex, a full-size crossover vehicle. The heated and cooled seat system is included in the luxury seating package for the front seats of the Limited model.
Amerigon President and Chief Executive Officer Daniel R. Coker said, "We are pleased to have our heated and cooled seat system included as part of the upgraded interior options in the 2013 Ford Flex, a popular crossover vehicle. Our longstanding relationship with Ford and its variety of superior vehicles has always been an important asset of Amerigon's."
Other vehicles from Ford that offer CCS include the Ford Explorer, Ford Expedition, Ford Taurus, Ford F-150 Truck and Ford F-250 Truck.
About CCS
In the CCS system, which is built around Amerigon's highly-efficient, solid-state thermoelectric device, air is forced through the heat pump and thermally conditioned in response to electronic switch input from the seat occupant. The conditioned air circulates by a specially designed fan through ducts in the seat cushion and seat back, resulting in a surface that can be heated or cooled. Each seat has individual electronic controls to adjust the level of heating or cooling. CCS substantially improves comfort compared with conventional air conditioners by focusing the cooling directly on the passenger through the seat, rather than waiting until ambient air cools the seat surface behind the passenger.
Amerigon is the largest supplier of TE systems for cars, with more than 6.5 million thermoelectric-based seat systems sold.
About Amerigon
Amerigon (NASDAQ-GS: ARGN - News) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products based on Amerigon technologies include actively heated and cooled seat systems and cup holders, heated and ventilated seat systems, heated seat and steering wheel systems, cable systems and other electronic devices. Its advanced technology team is developing more efficient materials for thermoelectrics and systems for waste heat recovery and electrical power generation for the automotive market that also have far-reaching applications for consumer products as well as industrial and technology markets. Amerigon has $500 million in annual revenues and 5,000 employees in facilities in the U.S., Germany, Mexico, China, Canada, Japan, England, Korea and the Ukraine. For more information, go to http://www.amerigon.com.
Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties, and actual results may be different. Important factors that could cause the Company's actual results to differ materially from its expectations in this release are risks that sales may not significantly increase, additional financing, if necessary, may not be available, new competitors may arise and adverse conditions in the automotive industry may negatively affect its results. The liquidity and trading price of its common stock may be negatively affected by these and other factors. Please also refer to Amerigon's Securities and Exchange Commission filings and reports, including, but not limited to, its Form 10-Q for the period ended September 30, 2011, and its Form 10-K for the year ended December 31, 2011.
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Amerigon Climate Control Seat® (CCS®) System Selected as Option for 2013 Ford Flex
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