06.03.2018 17:51:00

Stoneridge Announces Expansion of MirrorEye® CMS Fleet Evaluations

NOVI, Mich., March 6, 2018 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced it will expand fleet evaluations for the company's new MirrorEye Camera Monitor System.

MirrorEye is an innovative camera monitor system that replaces a truck's mirrors with integrated external digital cameras and digital monitors inside the cab of the truck. This provides the driver with enhanced vision in most operating environments where it is difficult to see with traditional mirrors.

In view of the tremendous response Stoneridge has received to its initial MirrorEye CMS fleet evaluation period, the company is extending the program to ensure fleet owners have the opportunity to experience the advanced safety and vision benefits MirrorEye technology has to offer to the heavy-duty trucking industry.

"We have been conducting MirrorEye CMS fleet trials for the past year as we prepare to launch in North America," said Stephen Fox, vice president, business development, Stoneridge. "After conducting very successful fleet trials with some of the top safety fleets in North America, we are prepared to offer this advanced vision and safety solution to a greater number of fleets for evaluation."

Benefits such as blind spot reduction, night vision, trailer panning, expanded fields of view and high definition camera and display technology have been very well received by fleet test drivers.

"We understand that each fleet is unique, however, they all share safety as a common goal," continued Fox. "We recognize the importance of providing fleets with the opportunity to evaluate MirrorEye CMS. The benefits of the MirrorEye vision system when compared to traditional mirrors are tangible and the number of fleets expressing interest is rapidly increasing."

Additionally, while North American fleets are currently legally required to have physical mirrors, the aerodynamics of removing them in European trucks has demonstrated a fuel cost savings of roughly two to three percent per year, which in addition to the significant safety benefits, can also improve the operator's bottom line.

"This is a very exciting time for us," said Jon DeGaynor, president and CEO, Stoneridge. "Our camera monitor system is a technology that can transform the transportation industry, making it safer for all who share the roads and highways with commercial vehicle drivers."

Stoneridge has engaged Spangenberg Partners to support commercial fleet trials in North America.

To take advantage of this extended MirrorEye CMS fleet evaluation period, please visit trymirroreye.com.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Additional information about Stoneridge can be found at Stoneridge.com

Cision View original content:http://www.prnewswire.com/news-releases/stoneridge-announces-expansion-of-mirroreye-cms-fleet-evaluations-300609140.html

SOURCE Stoneridge, Inc.

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