Visteon Investing in the Future of German Children

FRANKFURT, Germany (PROTEXT) - Today, Visteon announced the first of many global community investments intended to help children throughout the world see the possibilities in their future. In a partnership with the International Youth Foundation (IYF), the Visteon "See the possibilities(TM)" Fund is providing a $500,000 grant to sponsor programs that give young people in Germany opportunities to learn life skills, develop leadership in serving others, and maximize their contribution to society. The partnership is the first of many global corporate initiatives to be supported by the "See the possibilities" Fund. "At Visteon, supporting communities around the world where we do business is a key value," said Visteon President Craig Muhlhauser. "Through the 'See the possibilities' Fund, we made a commitment to provide children with resources and opportunities to see the potential in their future -- and we're pleased to launch our first global effort in Germany." In Germany, Visteon will support effective mentoring programs. These projects, to be selected by Visteon and IYF's local partner, the German Children and Youth Foundation, benefit young people by helping to develop their character, confidence, and sense of belonging. Visteon employees, including members of the Visteon Leadership Team, will play a strong role in shaping and directing the partnership. Employees will help determine grants, and will serve as volunteer advisors and mentors for children participating in programs selected for grants. Visteon is also a corporate sponsor of the Global Partnership for Youth Development -- an effort convened by IYF, the World Bank, and the Kellogg Company. Through this corporate sponsorship, Visteon is supporting research of effective children's programs, and based on this knowledge, is working with IYF to further develop and enhance these programs in select regions of the world. Although this is the first corporate initiative in Europe, Visteon is actively involved in supporting children's programs at several European plant locations. The Visteon plant in Wuelfrath is one of 12 plants worldwide participating in a "See the possibilities" Fund pilot program. The plant pilot program empowers teams of employees to select and allocate funds to children's organizations in their communities. The Wuelfrath plant team recently made a donation to a local football program that builds positive self-esteem for its young participants. Additional grants will be announced later this year. "We chose Germany for our first corporate investment because it is one of our key business markets -- we have plants in Berlin, Dueren, and Wuelfrath, as well as offices in Cologne, Frankfurt, and Wolfsburg," said Muhlhauser. "We know that our employees and the communities in which we do business will benefit by having a strong, stable future generation of leaders." The Visteon "See the possibilities" Fund was created to enrich the lives of children by supporting community-based organizations that recognize the needs of children and offer sound programs to address those needs. In addition, Visteon provides information and resources for all employees to encourage volunteer involvement with children's organizations in their communities. With a global delivery system of more than 125 technological, manufacturing, sales and service facilities located in 21 countries, Visteon is leveraging the talents of its 77,000 employees to deliver innovative, consumer-driven systems solutions to its customers. ots Original Text Service: Visteon Automotive Systems Internet: http://www.newsaktuell.de Contact: Melinda Bostwick, 313-322-1895, mbostwic@visteon.com , or Dolores Muniz, +32-2720-96-12, dmuniz@visteon.com , both of Visteon Web site: http://media.visteon.com Web site: http://www.visteon.com Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents. PROTEXT