Visteon and Advanced Global Technology Announce Retail Distribution Alliance

Business Wire, Jan 10, 2007

LAS VEGAS -- Visteon Corporation (NYSE: VC), and Advanced Global Technology (AGT) today announced an exclusive retail distribution agreement to market, sell, and distribute electronics products. AGT will be distributing three new HD Radio[TM] receivers: Visteon HD Radio receivers, the Visteon HD Jump[TM]; the HD EZ Connect, and the HD Table Top Radio along with a full line of accessory products designed to enhance the installation and reception of HD Radio[TM].

HD Jump[TM] is the first true HD Radio[TM] plug and play receiver of its kind. The unit delivers premium new HD2 multicast channels and crystal-clear sound quality and can be used in a car, truck, RV or home. Visteon's HD Jump[TM] docks into a cradle in the vehicle and an optional home kit allows the receiver to also be used with a home stereo. HD Jump offers the full spectrum of HD Radio[TM] features, including program associated data, such as real-time song title, artist and album information, as well as multicasting, where available. The clarity of HD Radio technology allows FM stations to be enjoyed with CD quality sound and boosts AM quality up to that of FM sound. More than 1,000 radio stations now broadcast HD Radio[TM] signals in the U.S., with more than 400 offering new formats on HD2 channels. The cradle's built-in auxiliary input jack also enables users to plug in an MP3 player and hear its contents through the vehicle's sound system.

HD EZ Connect is a new HD Radio[TM] receiver that is designed to easily connect to either an aftermarket or factory-installed car audio systems to receive digital HD Radio[TM] programming.

HD Table Top Radio is a new HD Radio[TM] receiver delivering high performance audio with a sleek design and intuitive controls. The unit features a large backlit six-line display, alarm clock feature and is available in a variety of colors to match any decor.

"This agreement allows Visteon to expand its automotive product expertise and advanced technology," said Greg Gyllstrom, vice president, Visteon North American aftermarket.

"The relationship between Visteon and Advanced Global Technology (AGT) is an ideal match," said Ben Lowinger, Advanced Global Technology (AGT) President. "When you pair Visteon's advanced technology leadership in the automotive electronics space with Advanced Global Technology's (AGT) proven capabilities in the retailer sector, we expect these new products to deliver explosive growth for HD Radio[TM] in both awareness and sales." The Visteon HD Jump[TM], HD EZ Connect, and HD Table Top Radio will be available at retailers this spring.

The products can be seen at the following CES 2007 locations; Visteon - Central Plaza (CP7), North Hall Booth 6427, Advanced Global Technology - Central Hall Booth 9817, and HD Radio(TM) - North Hall Booth 4616.

About Visteon

Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has more than 170 facilities in 26 countries and employs approximately 46,000 people. For more formation, please visit http://www.visteon.com.

About Advanced Global Technology (AGT)

Advanced Global Technology, LLC (AGT) is a proven leader for cutting-edge product designs. Furthermore, AGT and its global manufacturing, distributes and markets high quality and high performance XM Satellite Radio plug-and-play receivers combined with all-encompassing technologically advanced satellite radio accessories. In addition to its XM Satellite Radio products, AGT provides an extended and original line of consumer electronics that easily blends technology with the lifestyles of today's consumers. AGT produces inventive and imaginative products that effortlessly integrate with automobiles, home-stereos, home-theaters, boats, motorcycles and recreational vehicles and personal-wearable portables. For more formation, please visit http://www.advancedgt.com.

About HD Radio - More than 1,100 AM and FM radio stations, available to approximately 80% of the U.S. population, are using HD Radio technology to transmit digital audio and data to their listeners. Beyond delivering dramatically improved sound quality over analog, digital HD Radio technology allows stations to expand their programming via HD2 multicast channels. Over 500 stations today are using HD2 channels to broadcast fresh new music and news formats, showcase young artists and local bands, air non-English language programming, and more. Other HD Radio applications include scrolling text and graphics content on receiver display screens and delivery of real-time traffic updates. For more information, please visit http://www.ibiquity.com and the consumer website, http://www.hdradio.com.

Visteon news releases, photographs and product specification details are available at www.visteon.com