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CODE-ALARM SIGNS AGREEMENT WITH FORD TO INTRODUCE POWERCODE TECHNOLOGY

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Khatir Soltani

MADISON HEIGHTS, Mich. — Code-Alarm, Inc. today announced it will work with Ford Motor Co. to introduce its new all- in-one remote vehicle control system™ less than eight months after the system debuted.

The Madison Heights, Mich. manufacturer of vehicle electronic systems said the agreement makes Ford the first automaker to allow PowerCode Technology™ the opportunity to be part of a vehicle option package, and will allow Ford to acquire a minority stake in Code-Alarm over a five-year period through an equity incentive program.

Code-Alarm will work with Ford Motor Company to introduce PowerCode Technology, a revolutionary package of comfort, convenience and security options, to the Dearborn, Mich.-based original equipment manufacturer (OEM) and its stable of brands. PowerCode offers remote start, keyless entry, complete security and other features, to be defined by Ford brand management in concert with Code-Alarm, in a system that can be customized to help differentiate Ford Motor Company models and platforms.

"Consumer interest in the comfort, convenience and security category has never been higher — and automakers know that," said Peter Stouffer, president and CEO of Code-Alarm. "We are pleased to work with Ford to deliver the technology that allows drivers to personalize their vehicles with today's most popular comfort, convenience and security options. More purchasing decisions are being made based on vehicle electronics and interiors, and that makes PowerCode Technology an appealing part of any option package."

Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada