NORTHVILLE, Mich., Sept. 13, 2017 /PRNewswire/ -- Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced today its participation in IAA Cars 2017, at the 67th International Motor Show in Frankfurt, Germany September 14-24. Gentherm's innovative technology will be displayed in Hall 6, Booth B26.
"A revolution in transportation is on the horizon. Autonomous, electrified vehicles will soon begin to fill the world's roads and change the way we think about transportation, offering a totally new experience to passengers of the future-and we are ready for the revolution," said Daniel R. Coker, Gentherm President and CEO.
Visitors to the booth will experience how Gentherm is providing solutions to meet these industry trends in electrification and autonomous driving, as well as advancements in our existing products. Featured technologies will include several Advanced Climate Controlled Seats, Energy Systems solutions, and our product portfolio in thermal interior comfort.
- The advanced climate controlled seats include adaptations which are designed to complement a wide array of vehicle models. One such seat features our proprietary high capacity cooling technology that demonstrates the increasing importance of the seat in bridging the gap between traditional and alternative powertrain vehicle climate systems.
- Energy Systems highlighted will include an array of heating and cooling solutions, including advanced thermoelectric solutions for 48V micro-hybrids, next generation cell connecting boards, as well as battery management systems.
- Thermal interior comfort products on display will include not only our traditional array of seat, interior and steering wheel heaters, but also our next generation thermally controlled TrueTherm® cup-holder and storage bins and a concept for the world's first heated and cooled automotive steering wheel.
"We continue to demonstrate to visitors at the show that Gentherm remains committed to continuing to build on our advanced solutions to meet automotive industry trends," said Coker.
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About the Frankfurt IAA
The International Motor Cars Show (IAA—Internationale Automobil-Ausstellung) is the world's most comprehensive show of the automotive industry, created for everyone who develops, manufactures or uses passenger cars. A special feature is the large presence of suppliers throughout the entire automotive value added chain. More than 300 exhibitors from the supply industry will be presenting their products.
Gentherm (NASDAQ-GS: THRM) 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 include variable temperature Climate Control Seats, TrueTherm® cupholder and storage bins, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery thermal management systems, cable systems and other electronic devices. Non-automotive products include remote power generation systems, heated and cooled furniture, patient temperature management systems, industrial environmental test chambers and related product testing services and other consumer and industrial temperature control applications. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has over twelve thousand employees in facilities in the United States, Germany, Canada, China, Hungary, Japan, Korea, Macedonia, Malta, Mexico, United Kingdom, Ukraine, and Vietnam. For more information, go to www.gentherm.com.
Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Gentherm Incorporated's goals, beliefs, plans and expectations about its prospects for the future and other future events. The forward-looking statements included in this press release are made as of the date hereof or as of the date specified and are based on management's current expectations and beliefs. Such statements are subject to a number of important assumptions, risks, uncertainties and other factors that may cause the Company's actual performance to differ materially from that described in or indicated by the forward looking statements. Those risks include, but are not limited to, risks that new products may not be feasible, sales may not increase, additional financing requirements may not be available, new competitors may arise, currency exchange rates may change, and adverse conditions in the industry in which the Company operates may negatively affect its results. The foregoing risks should be read in conjunction with other cautionary statements included herein, as well as in the Company's annual report on Form 10-K for the year ended December 31, 2016 and subsequent reports filed with the Securities and Exchange Commission. Except as required by law, the Company expressly disclaims any obligation or undertaking to update any forward-looking statements to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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