NORTHVILLE, Mich., June 11 /PRNewswire-FirstCall/ -- Amerigon Incorporated , a leader in developing and marketing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, today announced that Zeeland, MI-based Herman Miller has introduced the C2(TM) Climate Control device, a personal heating and cooling system that is the first commercially available non-automotive product to use Amerigon's patented advanced thermoelectric (TE) technology developed by its BSST subsidiary. Herman Miller, a leading global provider of interior furnishings, systems, and related technologies and accessories, will offer the desktop C2 device as part of The Be Collection(TM) through its contract dealers and retailers. The formal unveiling of C2 will take place at the NeoCon World's Fair exhibition from June 11-13, in the Herman Miller National Design Center at the Merchandise Mart in Chicago.
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Herman Miller and Amerigon's BSST subsidiary partnered to develop C2, and Herman Miller exclusively licensed the TE technology for this product from BSST. Amerigon is the leader in the application of thermoelectric technology in automotive seating having shipped nearly three million of its Climate Control Seat(TM) (CCS(TM)) systems, which are the only systems that provide active heating and cooling to ensure year-round driver and passenger comfort.
The C2, which was designed for the individual and is approximately 10 inches tall, allows users to regulate the temperature of their personal work space, depending on their preference. C2 is designed to be used in close proximity to the user and consumes less than 80 watts of electricity in either heating or cooling modes. C2 has a list price of $300.
Robyn Hofmeyer, General Manager of The Be Collection, said, "A common problem in today's work environment is finding a temperature that works for everyone. C2 can solve that issue, for each individual, in an energy- efficient and safe way."
Lon E. Bell, PhD., President and Chief Executive Officer of the BSST subsidiary of Amerigon, commented, "C2 is a great example of what can be developed with our proprietary thermoelectric technology. Much like Amerigon's CCS system, Herman Miller's C2 delivers heating and cooling in a compact package and is designed to be very friendly to the environment. As BSST continues to make thermoelectrics more efficient, the range of new, innovative product opportunities like C2 opens up dramatically."
Amerigon's BSST subsidiary is focused on expanding the use of the Company's proprietary thermoelectric technologies and has made significant improvements in the efficiency of thermoelectrics. In addition to Herman Miller, BSST is working with the U.S. Department of Energy, Carrier Corporation and Visteon Corporation to develop product applications in a variety of automotive and non-automotive markets.
About Herman Miller
The designs and services of Herman Miller enhance the performance of human habitats worldwide, making their customers' lives more productive, rewarding, delightful, and meaningful. The company's award-winning products and services generated over $1.7 billion in revenue during fiscal 2006. Recognized for both its innovative designs and business practices, Herman Miller is a recipient of the prestigious National Design Award for product design from the Smithsonian Institution's Cooper-Hewitt, National Design Museum. In 2007, the company was again cited by Fortune magazine as the "Most Admired" company in its industry and was included among Business Ethics magazine's "100 Best Corporate Citizens." The company trades on the NASDAQ Global Select Market under the symbol MLHR.
About Amerigon
Amerigon develops products based on its advanced, proprietary, efficient thermoelectric (TE) technologies for a wide range of global markets and heating and cooling applications. The Company's current principal product is its proprietary Climate Control Seat(TM) (CCS(TM)) system, a solid-state, TE-based system that permits drivers and passengers of vehicles to individually and actively control the heating and cooling of their respective seats to ensure maximum year-round comfort. CCS, which is the only system of its type on the market today, uses no CFCs or other environmentally sensitive coolants. Amerigon maintains sales and technical support centers in Southern California, Detroit, Japan, Germany and England.
Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties, and actual results may be different. Important factors that could cause the Company's actual results to differ materially from its expectations in this release are risks that sales may not significantly increase, additional financing, if necessary, may not be available, new competitors may arise and adverse conditions in the automotive industry may negatively affect its results. The liquidity and trading price of its common stock may be negatively affected by these and other factors. Please also refer to Amerigon's Securities and Exchange Commission filings and reports, including but not limited to its Form 10-Q for the period ending March 31, 2007 and its Form 10-K for the year ended December 31, 2006.
Contact: Allen & Caron Inc
Jill Bertotti (investors)
jill@allencaron.com
Len Hall (media)
len@allencaron.com
(949) 474-4300
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