NORTHVILLE, Mich. and GUANGZHOU, China, March 21, 2014 /PRNewswire/ -- Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced today that De Rucci Beddings Co. Ltd., a leading Asian mattress and bedding specialist based in Dongguan, Guangdong, China, introduced a new line of mattresses with the Gentherm Climate Control Sleep System' (CCSS') technology at the 31st International Famous Furniture Fair in Dongguan.
De Rucci, which has more than 1,400 stores in Asia, established a relationship with Gentherm in 2013 that allows De Rucci to manufacture and sell mattresses heated and cooled through Gentherm's proprietary CCSS technology under the De Rucci 3D brand. Gentherm's CE compliant CCSS technology, which provides individual controls via two wireless remotes to heat and cool each side of the mattress independently, allows for programmable cycling throughout the night to continuously set the temperature of the mattress to best suit the occupant(s).
"De Rucci is a very well-known brand in China and has a strong retail presence in Asia, which are both important factors for us as we expand our global market for mattresses," said Gentherm President and CEO Daniel R. Coker. "Our mattresses were very well received at the show and we remain enthusiastic about our prospects for making bedding products an important revenue generator for Gentherm."
About CCSS
The Climate Control Sleep System (CCSS) utilizes a highly-efficient, solid state thermoelectric device to direct warmed or cooled air to a special air distribution layer of the mattress through air ducts connecting the mattress to the foundation. Two separate temperature zones have their own heat or cool settings for a personalized microclimate sleep environment. There are five available settings in each of the heat and cool modes as well as an ambient setting. The bed can be controlled using either the master control unit or one of the two remotes provided for each zone. A clock and timer are also included in the master control unit to allow for preconditioning of the mattress and cycling in minute or hour increments for up to 8 hours of individualized comfort.
About De Rucci
De Rucci Beddings Co. Ltd., a mattress and bedding specialist based in Dongguan, Guangdong, China, was established in 2004 and has more than 1,400 stores in Asia. De Rucci is a global healthy sleeping resource integrator committed to providing customers with comfort yet contemporary bedroom furniture of the highest quality possible. The company's team of experts is dedicated to inventing a healthy sleep system that helps customers have a better night's sleep. De Rucci has become one of the fastest growing brands in China today. For more information, visit http://www.derucci.com.
About Gentherm
Gentherm (NASDAQ-GS:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include actively heated and cooled seat systems and cup holders, heated and ventilated seat systems, thermal storage bins, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), cable systems and other electronic devices. The Company's advanced technology team is developing more efficient materials for thermoelectric and systems for waste heat recovery and electrical power generation for the automotive market that may have far-reaching applications for consumer products as well as industrial and technology markets. Gentherm has more than 7,500 employees in facilities in the U.S., Germany, Mexico, China, Canada, Japan, England, Korea, Malta, Hungary and the Ukraine. For more information, go to www.gentherm.com.
Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding future activities, new products, customers, markets and technologies, future revenue growth and profitability, and other forward-looking opportunities. Forward-looking statements involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, but are not limited to, risks associated with failure to develop new sales, products, customers or technologies , new competitors and general adverse conditions in the industries in which the Company operates. Those and other risks are described in the Company's annual report on Form 10-K for the year ended December 31, 2013 and subsequent reports filed with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained from the Company. Except as required by law, the Company assumes no obligation to update the forward-looking statements, which are made as of the date hereof, even if new information becomes available in the future.
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SOURCE Gentherm Incorporated
