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Schaffner Holding AG

Schaffner to supply components for US tire-pressure measurement systems

Luterbach (ots)

Global anchoring in the automotive industry - influence on sales from
third quarter of 2004/2005 onwards
The Schaffner Group is to supply components for
systems used to monitor the tire pressure of various models produced
by a US car manufacturer. The order will influence the Schaffner
Group's sales figures from the third quarter of the 2004/2005
financial year onwards, with rapidly increasing unit volumes.
In qualifying as a supplier to the US branch of a globally active
systems supplier, the Schaffner Group has established itself both in
the US automotive industry and in the tire-pressure monitoring
systems (TPMS) growth segment. The supplier to which Schaffner will
now deliver is one of two suppliers to the car manufacturer, which
will initially use the TPMS systems on ten models. Once all new cars
in the US are required by law to be fitted with TPMS systems (from
2006 onwards), independent observers anticipate that TPMS will also
become obligatory for new cars in most other countries in the medium
term. With TPMS systems being fitted as standard in new cars, they
represent immense growth potential for all qualified producers such
as the Schaffner Group.
Following the successful market launch of components for keyless
access systems (Europe/Asia) and electronic immobilizer systems
(Asia), TPMS components (USA/Europe) provide the Schaffner Group with
a third area of activity within the global automotive industry.

Contact:

Fritz Gantert
President & Chief Executive Officer
Tel. +41/32/681'66'02
E-Mail: fgantert@schaffner.com

Martin Zwyssig
Executive Vice President & Chief Financial Officer
Tel. +41/32/681'66'08
E-Mail: mzwyssig@schaffner.com

Schaffner Holding AG
CH-4542 Luterbach
Tel. +41/32/681'66'26
Fax +41/32/681'66'30
Internet: www.schaffner.com