Valeo Research Program for Emissions Reduction to Receive Significant Funding From French Industrial Innovation Agency

Paris (ots/PRNewswire) - Valeo (OTC: VLEEY) today announced that
the French Industrial Innovation Agency (Agence de l'Innovation
Industrielle, AII) has agreed to provide 61 million euros in funding
for its research program LOwCO2MOTION(TM), which aims to improve
vehicle engine efficiency and contribute to reducing CO2 emissions.

Thierry Morin, Valeo Chairman & CEO, commented: "This funding
recognizes the value of the work that Valeo engineers have been
undertaking in this field for several years and will allow us to
offer the market new solutions that can provide up to 30% fuel
savings with a significant reduction in CO2 and pollutant emissions."

The program focuses on two major innovations. The first is the
camless system, in which the camshaft in engines is replaced by
electromagnetic actuators that operate each valve independently. By
controlling residual gases, minimizing pumping losses and
deactivating cylinders and valves, this technology reduces fuel
consumption and pollutant emissions by 20% for gasoline engines. It
also provides enhanced performance and driving comfort due to an
increase in low-end engine torque. A version for diesel engines will
also be developed.

The second major innovation, totally compatible with the camless
system, is a next-generation mild hybrid based on Valeo's StARS+X
technology. In addition to the Start-Stop function which cuts off the
engine when the vehicle is at a standstill, this system features a
regenerative braking function, where energy generated during braking
is recovered. The program includes the development of a new
high-efficiency, high-power alternator technology as well as
ultracapacitors, enabling a 10 to 15 % reduction in fuel consumption.
These innovations will be enabled by new mechatronic technologies
which are also part of the program

The LOwCO2MOTION(TM) program represents a total investment of 212
million euros over a four-year period. The AII funding is subject to
the approval of the European Commission.

Valeo is an independent industrial group dedicated to the design,
production and sale of components, integrated systems and modules for
cars and trucks. It is one of the world's leading automotive
suppliers. The Group has 129 production sites, 68 R&D centers, 9
distribution platforms, and employs 69,800 people in 29 countries
worldwide.

For all additional information, please contact:

Kate Philipps, Group Communications Director, Tel:
+33-1-40-55-20-65

Remy Dumoulin, Investor Relations Director, Tel: +33-1-40-55-29-30

ots Originaltext: Valeo Management Services
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For all additional information, please contact: Kate Philipps, Group
Communications Director, Tel: +33-1-40-55-20-65; Remy Dumoulin,
Investor Relations Director, Tel: +33-1-40-55-29-30


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