Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)

June 29, 2017

 
TENNECO DEBUTS INNOVATIVE ELECTRONIC SUSPENSION TECHNOLOGY

DRiV™ digital technology offers improved ride performance without suspension system redesign.  

Waterford, Mich., June 29, 2017 - Tenneco Inc. (NYSE: TEN), a leading global supplier of Ride Performance and Clean Air products and systems has introduced its digital suspension technology known as DRiV™. A unique damper technology with a wide range of vehicle applications globally, DRiV offers ride and handling benefits particularly well suited for the light truck market segment.   DRiV’s easy-to-integrate and cost-effective design addresses key suspension challenges for pickup trucks, resulting in reduced shake and bounce and improved “brake dive”, or the tendency for a vehicle’s nose to drop during braking, especially under heavily loaded conditions.  Its adaptive damping technology adjusts automatically to road conditions, allowing DRiV to deliver improved handling and control while providing a smooth and comfortable ride.

“DRiV is a true breakthrough in digital suspension technology that is unique in the market,” said Ben Patel, vice president and chief technology officer, Tenneco. “The damper’s simplified design and ability to quickly adapt to road surfaces and conditions make it an excellent option for manufacturers looking for an easy-to-integrate solution for improved ride performance in any vehicle segment. Tenneco is committed to offering electronic suspension technologies that can be tailored to meet our customers’ needs, and DRiV provides the best of both worlds - damping technology that offers digital performance at an affordable cost.”

Part of the Monroe® Intelligent Suspension family of ride performance solutions, DRiV’s unique digital damper architecture features a modular design and does not require a complex electronic control unit (ECU).  Electronics, sensors and software controls are located directly in the damper, which makes DRiV easy to integrate into the existing suspension without extensive re-engineering of the vehicle’s mechanical and electrical systems. The DRiV system also incorporates a simplified gateway module, which provides cybersecurity and communication with the vehicle’s existing controller area network (CAN) bus.                                                              

Compared to conventional dampers, DRiV offers a range of damping force characteristics that provides more consistent comfort and handling.  DRiV’s software algorithms can provide up to 16 damping force profiles, resulting in greater control of damper performance.  Adaptive damping is especially beneficial for truck suspension systems, which are designed to balance handling and ride performance in both loaded and unloaded states.  

About Monroe® Intelligent Suspension

The Monroe® Intelligent Suspension portfolio includes:

Dual Mode, selective suspension solution

DRiV, adaptive suspension solution

CVSA, continuously variable suspension solution

Kinetic, active roll control solution

ACOCAR® active suspension technology

Visit www.monroeintelligentsuspension.com for more information.

About Tenneco

Tenneco is an $8.6 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 31,000 employees worldwide.  Tenneco is one of the world’s largest designers, manufacturers and marketers of clean air and ride performance products and systems for automotive and commercial vehicle original equipment markets and the aftermarket.  Tenneco’s principal brand names are Monroe®, Walker®, XNOx® and Clevite®Elastomers.

This press release contains forward-looking statements. Words such as “anticipate,” “expects,” "will", "continue" and similar expressions identify forward-looking statements. These forward-looking statements are based on the current expectations of the company (including its subsidiaries). Because these forward-looking statements involve risks and uncertainties, the company's plans, actions and actual results could differ materially. Among the factors that could cause these plans, actions and results to differ materially from current expectations are: (i) changes in automotive or commercial vehicle manufacturers' production rates and their actual and forecasted requirements for the company's products, including the company's resultant inability to realize the sales represented by its awarded book of business; (ii) any change in customer demand or any other changes in consumer demand and prices, including decreases in demand for automobiles or commercial vehicles which include the company's products, and the potential negative impact on the company's revenues and margins from such products; (iii) the general political, economic and competitive conditions in markets where the company and its subsidiaries operate; (iv) workforce factors such as strikes or labor interruptions; (v) material substitutions and increases in the costs of raw materials; and  (vi) the company's ability to develop and profitably commercialize new products and technologies, and the acceptance of such new products and technologies by the company's customers. The company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Additional information regarding risk factors and uncertainties is detailed from time to time in the company's SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2016.

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Media contacts:

Bill Dawson
Media Relations – North America
1 847 482-5807
bdawson@tenneco.com

Simonetta Esposito
Media Relations – Europe
32 (0) 2 706 9232
sesposito@tenneco.com

 

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