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07/18/12

Schrader Reaches TPMS Milestone with 200 Million Sensors Produced Schrader Reaches TPMS Milestone with 200 Million Sensors Produced

DENVER, Colo. (July 18, 2012) – Schrader, the leading global manufacturer of sensing and valve solutions, today announced the production of its 200 millionth direct Tire Pressure Monitoring System (TPMS) sensor. The sensor, which came off Schrader’s Antrim, Northern Ireland facility production line, marks an important date in Schrader history and is a direct result of the company’s focus on providing innovative, high-quality sensing and valve technologies.

“We take pride in this significant accomplishment, but know there is much more ahead of us as we continue to serve our global OEM and Aftermarket customers with the advanced technology, service and support that they’ve come to expect from Schrader,” said Hugh Charvat, President and CEO of Schrader. “We directly thank our global customers for their partnership with us, and see this milestone as a launching point as TPMS continues to be adopted in global markets for its safety, fuel-efficiency and environmental benefits to drivers worldwide.”

Approximately 306 million sensors are installed in North America alone, with well over half being produced by Schrader. Schrader delivered its 100 millionth sensor in July 2009, and the company presses onward toward the production of its 300 millionth sensor with new TPMS legislative markets including Europe, South Korea, and other Asian-Pacific countries.

“Today’s achievement isn’t just significant from a quantitative standpoint; it’s significant because of what producing our 200 millionth TPMS sensor means. It means that the high quality of our product, and innovative standards we’ve come to be known by, have ensured that our customers trust Schrader as a critical safety supplier across their diverse vehicle platforms,” said Stephen McClelland, managing director, Schrader.

Schrader has been the global leader in the design and manufacture of valve, mechanical and electronic system components for over 165 years. Most recently, Schrader won the Frost & Sullivan Product Leadership Award for the company’s patented and programmable EZ-sensor™ technology.

For more information on Schrader technologies, please visit: www.schraderinternational.com.


ABOUT SCHRADER

Schrader is the leading global manufacturer of sensing and valve solutions for automotive and industrial leaders, delivering solutions that protect and perform. Schrader is a pioneer in tire pressure monitoring systems (TPMS), a vehicle safety feature that is now standard on all cars and light trucks sold in North America and growing in use globally, and is the leading supplier of TPMS sensors, valves, tools and training worldwide. Schrader is also widely known as the inventor of the industry-standard pneumatic tire valve − the very same valve used on every motor vehicle in the world today.

MEDIA CONTACT

Jacki Lutz
Marketing and Communications Manager, NA Aftermarket
Office 248 218 8049
Mobile 248 821 5175
jlutz@schraderintl.com