PACE Award

DETROIT, MICHIGAN, April 15, 2008 – Xanavi Informatics Corporation, and Sony Corporation　were jointly awarded 2008 Automotive News PACE （Premier Automotive Suppliers' Contribution to Excellence）Award (Product category) for the development and commercialization of the Around View Monitor.

The prestigious PACE Awards recognize automotive suppliers for their innovation and technological achievements.

In addition, Nissan Motor Co., Ltd. Awarded 2008 Automotive News PACE "Collaborator Award" together with Xanavi and Sony for excellent technology innovation as well as the collaboration with their suppliers.

TROY, Mich., Nov. 6, 2007 – PPG Industries (NYSE: PPG), the world’s leading manufacturer of transportation coatings, was named a finalist and received honorable mention in the 2008 Automotive News PACE Award program.

The PACE (Premier Automotive Suppliers’ Contribution to Excellence) Award recognizes innovation, technological advancement and business performance of suppliers that contribute products, processes, information technology, materials or services directly to the manufacture of cars or trucks. It is presented jointly by Automotive News, Microsoft, SAP and Transportation Research Center Inc.

November 06, 2007, SOUTHFIELD, Mich. (BUSINESS WIRE) -- Innovative technologies from Federal-Mogul Corporation (OTCBB:FDMLQ) have been selected as a finalist and honorable mention in the 2008 Automotive News PACE™ (Premier Automotive Suppliers’ Contributions to Excellence) Awards competition.

Considered the benchmark for innovation among suppliers of vehicle components and subsystems, the annual PACE Award honors organizations that have embraced innovation or reinvented themselves to meet the demands of original equipment manufacturers. Award winners will be announced in April 2008 in conjunction with the SAE World Congress in Detroit, Michigan.