The agreement will enable Valeo to develop a new infrared sensor for volume produced vehicles and cross a new threshold in the development of road obstacle detection and tracking functions.

Already a market leader in driving assistance systems, Valeo will thus strengthen its offer in active safety functions designed to meet new EuroNCap 2016 standards in Europe.

The agreement will allow Valeo to offer its carmaker customers new active safety solutions, especially in the area of emergency braking in urban environments.

A pioneer in the field of intuitive driving, Valeo is developing an extensive range of high-technology systems that use ultrasonic sensors, radar, cameras, laser scanners and software to make the car of the future more energy efficient, and driving safer and more intuitive.

About LeddarTech:
LeddarTech is the world's only supplier of advanced detection and ranging systems based on patented, leading-edge sensing technology that performs time-of-flight measurement using pulses from infrared LEDs processed through innovative algorithms, thus detecting a wide range of objects under various environmental conditions. Leddar™ Technology is highly adaptable, serves multiple markets and comes in different formats (assemblies, modules or application specific modules), providing developers, integrators, brand owners and OEMs with a solution that meets their needs while ensuring quick and simple integration.

For more information about the Group and its businesses, please visit www.leddartech.com

About Valeo :
Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction and intuitive driving. Valeo ranks among the world's top automotive suppliers. The Group has 123 plants, 20 Research centers, 35 Development centers and 12 distribution platforms, and employs 75,300 people in 29 countries worldwide. In 2012, Valeo generated revenue of €11.8 billion and invested €1 billion in research and development.

For more information about the Valeo Group and its businesses, please visit www.valeo.com.

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