Haldex commissioned to develop software architecture for next generation AWD vehicles

Haldex commissioned to develop software architecture for next generation AWD vehicles Haldex Traction Systems, a division in the Haldex group, has been commissioned by a European car manufacturer to jointly develop the software architecture in next generation's AWD vehicles. The objective for the joint development project is to integrate and expand the communication and cooperation between the vehicle's different electronically controlled systems, with the aim to further enhance performance and safety in future vehicles. The vehicle industry is in the midst of an electronics revolution with no signs of stagnation. In order to better exploit potential synergies between various electronically controlled systems and to optimize the software structure in the vehicle, Haldex has been chosen as a partner to a European car manufacturer to jointly develop the software strategy for next generation's AWD vehicles. The project is expected to result in improvements in the area of vehicle dynamics and motion control. In connection with the development of the Haldex AWD system, a significant body of know-how has been built up regarding vehicle dynamics and software. The present assignment also confirms that the electronically controlled AWD system has a key role in the complex task of coordinating software and subsystems within the area of vehicle dynamics. Concept cars will be built during the year to test and calibrate various functions. The Haldex group (www.haldex.com), with headquarters in Stockholm, Sweden, is an innovator in vehicle technology with emphasis on vehicle dynamics and supplies proprietary systems and products for trucks, cars and industrial vehicles on a global basis. Haldex is listed on the Stockholm Stock Exchange and has annual sales of approximately $650 million with 4,150 employees. For further information contact Claes Warnander, CEO, or Lennart Hammargren, CFO Haldex AB (phone +46 8 678 72 70). February 26, 2002 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/02/26/20020226BIT00610/wkr0001.doc http://www.waymaker.net/bitonline/2002/02/26/20020226BIT00610/wkr0002.pdf