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National Press Release

WABCO Marks Another Milestone as Global Technology Leader; Supplies its Highly Advanced Modular Transmission Automation System to CNHTC, China's Largest Manufacturer of Heavy Duty Trucks

Published 2009-01-20 07:00
By WABCO Holdings Inc.

BRUSSELS, Belgium, January 20 /PRNewswire-FirstCall/ -- WABCO Holdings Inc. [http://www.wabco-auto.com] (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, has begun supplying its new modular automated manual transmission (AMT) system to China National Heavy Truck Corporation (CNHTC). CNHTC is the largest producer of heavy duty trucks in China and the world's first original equipment manufacturer to adopt WABCO's highly advanced modular AMT system in volume production.

One of the most creatively engineered products in the company's portfolio, WABCO's new modular AMT system will be featured by CNHTC on their new HOWO Heavy Truck series.

"Equipped with technology as advanced and sophisticated as WABCO's, our new HOWO series is a breakthrough in benefits for our customers. It maximizes value, marking a new generation of trucks that combines more efficient performance, further vehicle safety and increased driver comfort," said Cai Dong, CNHTC President. "By optimizing the gear shifting process, WABCO's new modular AMT system not only improves vehicle control and enhances comfort but it also contributes to making trucks more environmentally friendly."

"Our partnership with CNHTC demonstrates the power of our globally connected teams, particularly our engineers, comprised from Asia and Europe. We are also showcasing the production of our new modular AMT system right from the start at our world class facility in Shangdong province, China, leveraging our strong and growing network of local suppliers," said Jacques Esculier, WABCO Chief Executive Officer. "Supplying CNHTC with this system shows how markets globally benefit from WABCO's entire portfolio of technologies, including our most advanced systems. We expect this breakthrough achievement in China to initiate WABCO's rapid future growth in global AMT market penetration."

CNHTC will market its gearbox featuring WABCO's new AMT system as "SmartShift(TM) with WABCO."

"Our partnership with CNHTC is another major step in consolidating WABCO as a brand of reference in China, further emphasizing how well we are connected to the local market," said Leon Liu, WABCO President, Asia Pacific. "By accomplishing this highly complex achievement, we have confirmed WABCO's superb ability to perform as a truly global company. We are proud to have one of the most sophisticated systems designed by WABCO to be featured on CNHTC's flagship truck series."

    WABCO's 20 Years of Technology Leadership in Transmission Automation

    - 1986: first electronic transmission automation system

    - 1995: first AMT system with integrated valves and actuators

    - 2000: first fully integrated, mechatronics enabled transmission
      automation system

    - 2004: first hydraulic transmission automation for medium duty trucks

    - 2007: production of one millionth transmission automation system

    - 2008: introduction of modular automated manual transmission for trucks
       and buses

About WABCO

WABCO Vehicle Control Systems is one of the world's leading providers of electronic braking, stability, suspension and transmission automation systems for heavy duty commercial vehicles. Customers include the world's leading commercial truck, trailer and bus manufacturers. Founded in the U.S. in 1869 as Westinghouse Air Brake Company, WABCO was acquired by American Standard in 1968 and spun off in 2007. Headquartered in Brussels, Belgium, WABCO employs more than 7,700 people in 31 countries worldwide. In 2007, WABCO's total sales were $2.4 billion. WABCO is a publicly traded company and is listed on the New York Stock Exchange with the stock symbol WBC.

    Website: http://www.wabco-auto.com
    Media, investors and financial analysts contact:
    Mike Thompson, +32-2-663-9854, mike.thompson@wabco-auto.com
    Jason Campbell, +1-732-369-7477, jason.campbell@wabco-auto.com

SOURCE WABCO Holdings Inc.



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