NEW ALBANY, Ohio, March 19, 2012 /PRNewswire/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI), a leading supplier of fully integrated system solutions for the global commercial vehicle market, today announced that it will exhibit an array of products and new technologies at the 2012 Mid-America Trucking Show (MATS) in Louisville, KY, between March 22 - 24.
The CVG booth will display CVG products such as: National Seating, KAB Seating™, Bostrom Seating®, Stratos Seating®, Moto Mirror®, RoadWatch®, Sprague Devices™ and FlameTEK™.
A special display will feature the new Care4 Station, a fully enclosed medical kiosk manufactured by CVG for HealthSpot, Inc. The Care4 Station delivers primary and specialty care to truck drivers and other patients in settings like pharmacies, truck stops, supermarkets and workplaces. The Care4 Station provides real-time high-definition videoconferences with integrated cutting-edge digital medical devices to connect patients to healthcare providers so they can enjoy the expertise of a traditional doctor with the walk-in convenience of an urgent care center.
CVG is producing key parts of the Care4 Station for HealthSpot at multiple CVG facilities around the country. All the pieces will be brought together and assembled by CVG into kits at the Company's Concord, NC, facility. The kits will be shipped directly to HealthSpot-designated locations nationally, where they will be assembled and fully tested with the software installed before being put into operation.
CVG drew on its broad range of capabilities along with its state-of-the-art equipment to develop and produce the HealthSpot Care4 Station. CVG's creative use of materials helped guide the Care4 Station from prototype into production, incorporating critical thermal and acoustic considerations in the final design.
Mervin Dunn, President and Chief Executive Officer of CVG, said, "The Care4 Station is an exciting new product that utilized CVG's developmental and production capabilities. It takes us into a new and different end market that we feel offers significant potential for our Company. It is also consistent with our corporate strategy to use CVG's comprehensive capabilities to diversify our product base and end markets. Long-haul truck drivers experience significant difficulty accessing healthcare services and are at risk for poor health outcomes. CVG is proud to partner with HealthSpot to help over-the-road drivers and others gain increased access to high quality, convenient and affordable healthcare."
Steve Cashman, HealthSpot founder and CEO, said, "This is the perfect market to highlight the advantages of HealthSpot's remote care platform. Truck drivers know how difficult it is getting quality care that's also convenient. The Care4 Station manufactured by CVG brings the doctor's office right to patients, whether they need care a few miles from home or at a highway rest stop across the country."
A range of CVG's research and development capabilities will be featured at the CVG booth with engineers on-site to demonstrate:
- Audio simulations utilizing sound mapping techniques through a B&K Spherical Beamformer and other advanced audio monitors;
- Thermal mapping via a heat-imaging camera; and
- Biomechanics demonstrations, which includes Eye Tracker tools.
The on-site experts will also highlight CVG's unique system integration capabilities that show CVG's knowledge of both U.S. and global customer requirements through:
- North American and European-styled cutaway cabs; and
- Displays of medium- and heavy-duty truck seats specifically designed for the European, Asian and North American markets with features such as heating, air ventilation and the Company's proprietary BackCycler® system.
CVG engineers will also showcase and explain the Company's expertise and ability to assist customers from concept to production in the areas of:
- Light weight materials;
- Modular construction;
- Low-cost tooling manufacturing; and
- Thermally and acoustically superior interior trim materials.
In addition, the CVG MATS booth will contain a special military display that features self-extinguishing interior materials (also applicable in non-military vehicles), over-molded wire harnesses and military-specification wiper systems.
CVG's displays will also address how the Company's products are working across end-markets that include heavy- and medium-duty trucks, heavy- and medium duty off-road construction vehicles, military applications, and agricultural and special-purpose vehicles.
Visit CVG's Mid-America Truck Show OEM booth at location 32365 and CVG's Aftermarket booth at location 22070.
About Commercial Vehicle Group, Inc.
Commercial Vehicle Group is a leading supplier of fully integrated system solutions for the global commercial vehicle market, including the heavy-duty truck market, the construction and agriculture markets and the specialty and military transportation markets. The Company's products include static and suspension seat systems, electronic wire harness assemblies, controls and switches, structures and components, interior trim systems, mirrors and wiper systems specifically designed for applications in commercial vehicles. The Company is headquartered in New Albany, OH with operations throughout North America, Europe, Asia and Australia. Information about the Company and its products is available on the internet at www.cvgrp.com.
About HealthSpot, Inc.
HealthSpot is a health and technology company based in Dublin, Ohio. The company was founded with the goal of increasing access to affordable healthcare while enhancing the patient experience. HealthSpot has built a remote care practice management platform that connects doctors and pharmacists to patients, delivering a first-of-its-kind consumer experience through its Care4 Station. HealthSpot empowers healthcare professionals to offer a wide range of medical services in convenient locations in the heart of where patients live and work. Visit HealthSpot online at www.healthspot.net.
This press release contains forward-looking statements that are subject to risks and uncertainties. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," or similar expressions. In particular, this press release may contain forward-looking statements about Company expectations for future periods with respect to the Company's long-term strategic goals, which includes product and end market diversification, the Company's financial position or other financial information. These statements are based on certain assumptions that the Company has made in light of its experience in the industry as well as its perspective on historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including but not limited to: (i) general economic or business conditions affecting the markets in which the Company serves; (ii) the Company's ability to develop or successfully introduce new products; (iii) risks associated with conducting business in foreign countries and currencies; (iv) increased competition in the heavy-duty truck market; (v) the impact of changes in governmental regulations on the Company's customers or on its business; (vi) the loss of business from a major customer or the discontinuation of particular commercial vehicle platforms; (vii) the Company's ability to obtain future financing due to changes in the lending markets or its financial position; and (viii) various other risks as outlined under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for fiscal year ending December 31, 2011. There can be no assurance that statements made in this press release relating to future events will be achieved. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by such cautionary statements.
SOURCE Commercial Vehicle Group, Inc.
John Hyre, Investor Relations of Commercial Vehicle Group, Inc., +1-614-289-5157, firstname.lastname@example.org; or Angie Homan of HealthSpot, Inc., +1-614-389-4375, email@example.com