News Release - Magna Safety Systems Give Parents "Eyes in the Back of Their Heads"

EYERIS® system focuses on driver and passenger safety
Industry-first video child-monitoring
Rearview camera meets 2018 mandate

AURORA, ON, March 15, 2017 /PRNewswire/ - Ask most parents, and they'll tell you an extra set of eyes would generally come in very handy, especially when driving.

Magna International Inc. gives parents an extra set of eyes with an in-car, video-based child-monitoring system, an industry-first feature to increase safety for drivers and passengers. A digital, megapixel camera over the rear seat gives parents a clear view of children traveling in the rear of the vehicle. (CNW Group/Magna International Inc.)

Magna International Inc. listened to those parents and today gives them that extra set of eyes with a video-based child-monitoring system, an industry-first feature to increase safety for drivers and passengers based on Magna's EYERIS® camera technologies. The system recently debuted on a new minivan at the 2017 North American International Auto Show.

The child-monitoring feature provides front passengers with a clear, undistorted view of the backseat area on a display screen. A digital, megapixel camera located over the rear seat provides parents and other caregivers a top-down view of children in the rear seats. Even at low-light or dark conditions, passengers are illuminated by an infrared LED light and can clearly be seen on the screen.

In addition, the minivan includes an EYERIS® rearview camera, which assists the driver while reversing the vehicle. Rearview cameras will become mandatory in the United States for all light-passenger vehicles in 2018.

"The in-cabin child-monitoring feature is a great example of how Magna applies technology to meet the needs of specific lifestyles and vehicles – in this case it's families with children and minivans," said Swamy Kotagiri, Magna's Chief Technology Officer and President of Magna Electronics. "With today's drivers facing more distractions than ever, our goal is to continue to develop new driver-assistance features to enhance vehicle functionality, improve safety and provide peace of mind."

Magna is a pioneer and the world leader in camera-based driver-assistance systems, and has been developing innovative driver-assistance systems for more than 25 years. In-cabin passenger monitoring is the latest driver-assist technology from Magna, which supplies systems to more than 60 percent of major automakers around the world. Magna's complete portfolio of camera and driver-assistance systems includes rearview, side-view and front-facing cameras that support features such as adaptive cruise control, collision mitigation braking, 360° bird's-eye view and automatic emergency braking.

TAGS
EYERIS®, ADAS, child-monitoring system, rearview cameras

ABOUT MAGNA
We are a leading global automotive supplier with 317 manufacturing operations and 102 product development, engineering and sales centres in 29 countries. We have over 155,000 employees focused on delivering superior value to our customers through innovative products and processes, and world class manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, vision, closure and roof systems. We also have electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE "FORWARD-LOOKING STATEMENTS" UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA'S REGULATORY FILINGS. PLEASE REFER TO MAGNA'S MOST CURRENT MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA'S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA'S WEBSITE AT WWW.MAGNA.COM.

SOURCE Magna International Inc.

INVESTOR CONTACT: Louis Tonelli, Vice-President, Investor Relations, louis.tonelli@magna.com, 905.726.7035; MEDIA CONTACT: Tracy Fuerst, Global Director of Corporate Communications & PR, tracy.fuerst@magna.com, 248.631.5396