The Supplier of the Year award recognizes companies for their overall business performance in providing GM with world-class parts and services. Gentex supplies GM with interior and exterior auto-dimming mirrors, which automatically darken to reduce glare from the headlamps of vehicles approaching from the rear. The brighter the glare, the darker the mirrors become, making nighttime driving safer. Many of the mirrors also house additional electronic features, such as compass and temperature displays, microphones, high-beam headlamp control systems, and LED turn signals. "We consider Gentex Corporation to be a role model for all suppliers. They are recognized as a GM Supplier of the Year because they exceeded our expectations in 2005," said Bo Andersson, vice president, GM Global Purchasing and Supply Chain. "Gentex is one of the best companies in the world and we thank them for their hard work and commitment to helping make GM vehicles the best in the world." "We continue to value the relationship we have developed with General Motors," said Gentex CEO Fred Bauer. "General Motors is a long-term customer, and continues to offer our auto-dimming mirrors and other Gentex technologies on many of their vehicles -- from the entry level to the luxury lines. We are honored to receive this recognition from them and look forward to our continuing association." The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 85 suppliers for their excellence throughout 2005. Founded in 1974, Gentex Corporation (NASDAQ:GNTX) is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. Based in Zeeland, Michigan, the Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Many of the mirrors are sold with advanced electronic features, and approximately 95 percent of the Company's revenues are derived from the sales of auto-dimming mirrors to nearly every major automaker in the world. Source: Gentex Corporation |