Published: September 17, 2009
Harman International to Provide Next-Generation Infotainment System for BMW
STAMFORD, Conn. & KARLSBAD, Germany - (BUSINESS WIRE) - Harman International Industries, Incorporated (NYSE: HAR) announced
today that it has been selected by BMW AG to provide the next generation
high-end "Professional" infotainment system for all new vehicle
platforms.
The new Harman system is multimedia driven and will offer a
sophisticated set of features including 3-D navigation, brilliant
graphics, Internet access, and wired or wireless connectivity for all
passengers. A hard disc drive will provide rich navigation data and will
accommodate the user's personal entertainment files for increased
flexibility and comfort. The new system will utilize Harman's
energy-saving GreenEdge technology to deliver exceptional performance
without compromise while reducing weight and power consumption.
"We are honored by BMW's continued confidence in Harman automotive
infotainment systems and we look forward to delighting new BMW drivers
with next-generation solutions," said Dinesh C. Paliwal, Harman's
Chairman, President and CEO. "This new award underscores the success of
previous project launches, and follows a similar win from Daimler for
its Mercedes models which we announced last week. New projects awarded
during the last two months exceed $2 billion, the majority of which came
from Daimler and BMW. With these new wins, Harman's total awarded
business exceeds $10 billion, approximately five times our automotive
revenue during FY2009."
"Our energy-efficient GreenEdge systems were developed in response to
customer expectations for high performance combined with efficiency and
we are pleased that BMW will be among the first to offer these systems
to its customers," added Dr. Klaus Blickle, CEO and President of the
Harman International Automotive Division.
Harman International Industries, Incorporated (www.harman.com),
designs, manufactures and markets a wide range of audio and infotainment
products for the automotive, consumer and professional markets. Harman
International maintains a strong presence in the Americas, Europe and
Asia, and employs around 9,500 people worldwide. The Harman
International family of brands includes AKG, Becker®,
BSS, Crown®, dbx®, DigiTech®,
Harman Kardon, Infinity®, JBL®, Lexicon®,
Mark Levinson, Revel®, QNX®, Soundcraft®
and Studer. Harman International's stock is traded on the
New York Stock Exchange under the symbol NYSE:HAR.
Harman International
Brad A. Hoffman, +1-203-328-3500
brad.hoffman@harman.com
or
Harman
International Automotive Division
Stephanie Sauter, +49 7248 71 1419
stephanie.sauter@harman.com
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