Delphi and Inteva Employees Raise $3,900 in Relay For Life Fund Raiser to Help Battle Cancer
Release Date: June 19, 2008
VANDALIA, Ohio — Delphi Corp. and Inteva Products, LLC employees recently raised $3,900 for the American Cancer Society to help find a cure for cancer. For the fourth consecutive year, the group earned silver status.
After soliciting donations, Delphi and Inteva team members walked together through the night and participated in the 5K event on the next morning.
Relay for Life is a community-based event designed to celebrate survivorship and raise money for the American Cancer Society. On the day of the event, teams gather and take turns walking, jogging or running laps. Each team is asked to keep at least one representative of their team on the track at all times.
The Relay for Life is also a fund-raising event. Each team member is asked to raise a minimum of $100 from donors before the event. To raise money, team members solicited donations with several coffee and doughnut sales, raffles, and other fun-filled activities.
Inteva Products, LLC has more than 90 years of experience and expertise, empowering some of the best automotive minds in the industry with global resources supported by more than 3,800 team members in 17 facilities on three continents. Inteva designs, engineers, manufactures, and assembles Instrument Panels, Consoles, Door Trim, Cockpits, Door Module and Window Lift Systems, Closure Systems and Advanced Development Solutions for leading OEMs around the globe. Inteva's integration capabilities provide everything from small component parts to fully integrated vehicle subsystems. Inteva is committed to execute to the highest level possible for all customers to create solutions that meet quality and technical specifications while remaining on time and on budget. For more information, visit www.intevaproducts.com.
Delphi is a leading global supplier of mobile electronics and transportation systems, including powertrain, safety, steering, thermal, and controls & security systems, electrical/electronic architecture, and in-car entertainment technologies. For more information about Delphi (PINKSHEETS: DPHIQ), visit www.delphi.com.
FORWARD LOOKING STATEMENTS
This press release, including the exhibits being furnished as part of this report, as well as other statements made by Delphi may contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment which may cause the actual results of the Company to be materially different from any future results, express or implied, by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the Company to continue as a going concern; the ability of the Company to operate pursuant to the terms of the debtor-in-possession financing facility, to obtain an extension of term or other amendments as necessary to maintain access to such facility and to secure the anticipated advances from GM in order to obtain any such extension or amendment; the Company's ability to obtain Court approval with respect to motions in the chapter 11 cases prosecuted by it from time to time; the ability of the Company to consummate its amended plan of reorganization which was confirmed by the Court on January 25, 2008 or any other subsequently confirmed plan of reorganization; risks associated with third parties seeking and obtaining Court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company's liquidity or results of operations; the ability of the Company to fund and execute its business plan (including the transformation plan described in Item 1. Business "Plan of Reorganization and Transformation Plan" of the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the SEC) and to do so in a timely manner; the ability of the Company to attract, motivate and/or retain key executives and associates; the ability of the Company to avoid or continue to operate during a strike, or partial work stoppage or slow down by any of its unionized employees or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the SEC, including the risk factors in Part I. Item 1A. Risk Factors, contained therein. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various prepetition liabilities, common stock and/or other equity securities.
Milton Beach
milton.beach@delphi.com
[1] 765.451.0655
