Better Late than Never...Auto Supplier Says it's "Y2k Ready"

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Meritor Automotive is Y2K Ready

TROY, Mich., Jan. 10 /PRNewswire/ -- After three years of planning, preparation and testing, Meritor Automotive, Inc. (NYSE: MRA) successfully completed its final Year 2000 readiness test cycle and its operations are running smoothly without any reported Y2K issues to hinder customer deliveries.

Meritor's Senior Vice President and Chief Information Officer, Susan P. Kampe, credits the thorough and unrelenting work of the company's Information Technology and Manufacturing organizations. "Our team's expertise and focus allowed Meritor to systematically assess and address the business and engineering computer systems, IT infrastructure, factory floor and facility systems, as well as systems that impact our supply chain without ever taking its eyes off our customers and their needs worldwide," said Kampe.

Meritor Automotive is a member of the Automotive Industry Action Group, and has posted its assessment status on the Group's website, www.aiagy2k.org .

Meritor, with 1999 sales of $4.5 billion, is a global supplier of a broad range of systems and components for commercial, specialty and light vehicle OEMs and the aftermarket. Meritor consists of two businesses: Heavy Vehicle Systems, a leading supplier of complete drivetrain systems and components for medium- and heavy-duty trucks, trailers and off- highway equipment and specialty vehicles, including military, bus and coach, and fire and rescue; and Light Vehicle Systems, a major supplier of roof, door, access control and suspension systems and wheel products for passenger cars, light trucks and sport utility vehicles.

-- Edward R. (somewhere@the.morrow), January 11, 2000


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