Corning Incorporated (NYSE:GLW) announced today that it will begin supplying a new, advanced cordierite diesel particulate filter to light-duty diesel vehicle manufacturers. Compared to traditional cordierite, Corning's monolithic DuraTrap(R) AC filters offer low pressure drop to help reduce fuel consumption and increase the power rating. They also offer improved thermal durability and high-filtration efficiency. DuraTrap AC filters are targeted to be the first cordierite filters used in large-scale for diesel passenger cars. They are optimized for use in light-duty diesel vehicles that have new and advanced regeneration systems. "With more than thirty years of experience working with cordierite and a deep understanding of emissions control technology, we were able to develop an advanced cordierite filter that, we believe, has unique properties and performance capabilities for the light-duty diesel market," said Thomas R. Hinman, vice president and general manager, Diesel Technologies. "The early response from global diesel auto manufacturers on our new DuraTrap AC filter has been extremely positive and we are continuing to collaborate with our customers regarding future applications for this product." DuraTrap AC filters offer a unique performance combination of relatively high-soot-mass limit with a low pressure drop, compared to traditional cordierite. The filter's low pressure drop allows for integrated functionality in catalyzed-soot filter applications. In addition, the new filter offers outstanding thermal characteristics and a wide operating window. DuraTrap AC's high-filtration efficiency will help light-duty auto makers to meet the increasingly stringent Euro V emissions regulations. Corning will begin manufacturing and supplying DuraTrap AC filters in the first half of 2007. This is the second filter for light-duty diesel applications that Corning has launched. In 2005, Corning introduced DuraTrap(R) AT filters, which are being used by leading auto makers for light-duty diesel applications as an effective alternative to systems designed for silicon carbide. Corning invented an economical, high-performance cellular ceramic substrate in the early 1970s that is now the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions. About Corning Incorporated Corning Incorporated (www.corning.com) is a diversified technology company that concentrates its efforts on high-impact growth opportunities. Corning combines its expertise in specialty glass, ceramic materials, polymers and the manipulation of the properties of light, with strong process and manufacturing capabilities to develop, engineer and commercialize significant innovative products for the telecommunications, flat panel display, environmental, semiconductor, and life sciences industries. Forward-Looking and Cautionary Statements This press release contains forward-looking statements that involve a variety of business risks and other uncertainties that could cause actual results to differ materially. These risks and uncertainties include the possibility of changes or fluctuations in global economic and political conditions; tariffs, import duties and currency fluctuations; product demand and industry capacity; competitive products and pricing; manufacturing efficiencies; cost reductions; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; capital spending by larger customers in the liquid crystal display industry and other businesses; changes in the mix of sales between premium and non-premium products; facility expansions and new plant start-up costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political instability or major health concerns; ability to obtain financing and capital on commercially reasonable terms; adequacy and availability of insurance; capital resource and cash flow activities; capital spending; equity company activities; interest costs; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; changes in key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are identified in Corning's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.
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