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  Ricardo and Delta Electronics announce alliance for R&D and supply of advanced automotive electronics
December 13, 2007 -- Global automotive technology provider Ricardo plc and leading international electronics company Delta Electronics, Inc. have today announced a joint-development alliance for delivering advanced automotive electronics R&D and supply. The alliance will provide automakers with innovative electronics R&D technology and high quality manufacturing resources.

Combining their respective strengths, the Ricardo-Delta alliance will provide total solutions and a single point of contact for customers to purchase new modules and systems. Automakers will benefit from the independent R&D expertise and associated intellectual property (IP) protection of Ricardo, a world leading independent technology developer, and the superior quality and efficiency of world-class electronics manufacturer Delta Electronics. Both partners believe the benefits of the alliance will be extremely attractive to customers.

"The new business model we aim to create through our alliance with Delta will enable customers to access the latest technology together with high quality, efficient manufacturing resources, while avoiding the risk of dilution of brand identity and leakage of IP," explains Karina Morley, Ricardo Director of Control & Electronics. "In effect we are creating a completely new generation of Tier 1 supplier designed to meet the future needs of the industry – it's a completely new approach which will bring significant benefits to customers."

"Delta is a global leader in electronics supply. This alliance will let us devote more of our advanced technology and efficient manufacturing capability to the automotive electronics field," says Simon Chang, Corporate Vice President of Delta Electronics. "Working with Ricardo we can offer customers advanced, independent R&D capability plus our core benefits of high quality and good service while maintaining a single customer interface."
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