USA: Motorola and Amerigon to Form Partnership to Develop Electronic Control Modules for Climate Control Seat(TM) System
Motorola, Inc (NYSE: MOT) and Amerigon Inc. (Nasdaq: ARGNA) today announced they have entered into a non-binding memorandum of understanding to develop a new generation of electronic control modules (ECMs). Under terms of the memorandum of understanding, the companies intend to negotiate and enter into a definitive non-exclusive agreement to use Amerigon's proprietary Climate Control Seat(TM) system (CCS(TM)) and Motorola's manufacturing expertise to jointly develop ECMs. ECMs are used to manage the thermal outputs of the CCS system.
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