Lear Corporation Earns Industry Leaders' Accolades as

17.08.1999, 08:22

'Best of the Best' SOUTHFIELD, Mich., USA (PROTEXT) - In the automotive industry,where the competition heats up on a daily basis, honors aren'teasy to come by. So when your company is named the "best of thebest" by customers, you know your hard work is paying off. LearCorporation (NYSE: LEA), recipient of the Automotive IndustriesMagazine and PricewaterhouseCoopers "Quest for Excellence" award,is reaping the rewards of its hard work. The 2nd annual award, based on a survey of automotive industryprofessionals involved in design, engineering, manufacturing,purchasing and management, is a ranking of automotive suppliersby their customers. Named "The Best of the Best" both as a System Integrator andfor Electronic Systems, Lear was recognized for outstandingquality, price, delivery, service and innovation. This awardspeaks loud and clear of Lear's ability to provide its globalcustomers not only with complete interior systems but world-classelectronic and electrical products and integration capabilitiesas well. "This recognition is a great honor and shows the success ofour focus on serving our customers," said D. William Pumphrey,the newly appointed president of the Lear Electronics andElectrical Division (LEED). "And it is that type of commitmentand the teamwork of our people that allows us to meet theirrequirements. This award shows we are not only meeting butexceeding expectations." Lear Corporation, a Fortune 200 company headquartered inSouthfield, Michigan, is one of the world's largest automotivesuppliers, with 1998 proforma sales of more than $12 billion. Thecompany's world-class products are designed, engineered andmanufactured by more than 100,000 employees in over 300facilities located in 33 countries. Information about Lear andits products is available on the Internet at http://www.lear.comots Original Text Service: Lear Corporation Internet:http://www.newsaktuell.de Contact: Karen Stewart, Director -Corporate Communications of Lear, (USA) 248-447-1651 CompanyNews On-Call: http://www.prnewswire.com/comp/518304.html or fax,(USA) 800-758-5804, ext. 518304 Web site: http://www.lear.com

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