STRATTEC Security Corporation Wins 2019 Automotive News Pace Award for Invis-A-Rise® Power Tailgate

AUBURN HILLS, Mich. – STRATTEC SECURITY CORPORATION (STRATTEC), manufacturer of vehicle Power Access Systems, won the Automotive News PACE Award for their new Invis-A-Rise® Power Tailgate technology found on the Chevrolet Silverado, allowing users to automatically open, close and latch a vehicle’s tailgate with the push of a button. The Invis-A-Rise® Power Tailgate was selected as one of the 34 innovation finalists from all around the world, which was then narrowed down to the exclusive company of 14 award winners.

STRATTEC earned the PACE Award after an extensive review from a written application and website by an independent panel of judges.

“At STRATTEC, we continuously strive to build upon our innovations and successes to offer the latest technology to automotive OEMs. The Invis-A-Rise Power Tailgate for the Chevrolet Silverado is an extension of our commitment to providing revolutionary technology that gives consumers a combination of convenience and safety,” said Curtis Mazure, product business manager for STRATTEC Power Access. “We are very proud to have been awarded this prestigious award for two consecutive years. It demonstrates our ability as a company to bring innovative ideas quickly to market, and, in the case of the Invis-A-Rise Power Tailgate, we have systems responsibility which demonstrates our ability to bring complex systems first-to-market.”

The Automotive News PACE Awards celebrated its 25th anniversary, recognizing suppliers for making a product innovation, technological advancement and the hard work of automotive companies. The 14 award winners were announced April 9, 2019 at the Max M. and Marjorie S. Fisher Music Center in Detroit. The Government of Canada was a platinum sponsor. The competition was open to suppliers who contribute products, processes, materials or services directly to the manufacture of cars or trucks. The Automotive News PACE Award is accepted around the world as the industry benchmark for innovation.

For complete details of the Automotive News PACE Award, visit www.autonews.com/pace.

For more information regarding the Invis-A-Rise technology, visit http://www.strattec.com/invis-a-rise. For more information regarding STRATTEC Power Access technology, visit www.strattecpoweraccess.com.

About STRATTEC

STRATTEC designs, develops, manufactures and markets automotive Access Control Products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products. These products are provided to customers in North America, and on a global basis through a unique strategic relationship with WITTE Automotive of Velbert, Germany and ADAC Automotive of Grand Rapids, Michigan. Under this relationship, STRATTEC, WITTE and ADAC market our companies' products to global customers under the “VAST” brand name. STRATTEC’s history in the automotive business spans over 110 years.