Bosch Expands Activities With Stanford University

Bosch Endows Mechanical Engineering Chair and Joins CarLab Initiative

FARMINGTON HILLS, Mich., Oct. 2 /PRNewswire/ -- Bosch, a leading global
supplier of technology and services, expands its partnership with Stanford
University through a variety of initiatives. Bosch has endowed a chair at
Stanford, known as the Robert Bosch Chairmanship of the Department of
Mechanical Engineering. The Bosch endowment to Stanford will fund new
research programs, innovative teaching ventures as well as encourage academic
entrepreneurship throughout the mechanical engineering department. Professor
Friedrich B. "Fritz" Prinz occupies the Robert Bosch Chair.

The endowment is a demonstration of Bosch's commitment to education,
innovation leadership and development of technologies reflective of its
slogan, "Invented for Life." Bosch's commitment to innovation in the field of
engineering is further evident by its Bosch Research and Technology Center
North America (RTC), with offices in Palo Alto, Calif., Pittsburgh, Pa., and
Cambridge, Mass. RTC is a corporate research division of the Bosch Group
dedicated to developing ideas and technologies in collaboration with top North
American academic and industrial sector researchers. Bosch RTC has worked with
Stanford graduate students on a number of different technologies, including
high efficiency internal combustion engine concepts, MEMS
(microelectromechanical systems) sensors, autonomous driving and natural
language understanding.

To mark the chair endowment, on Oct. 1, Bosch and Stanford hosted a panel
entitled "Sustainable Transportation for the Future" held at Stanford
University. Moderated by Dr. Moira Gunn, radio host of National Public
Radio's Tech Nation and BioTech Nation, and member of the Stanford mechanical
engineering department's Advisory Council, the event's panel discussed the
vision and needs of future transportation, the technologies required, open
topics that need intense research and scenarios of implementation. Panelists
included:
-- Larry Burns, vice president, Research & Development and Strategic
Planning, General Motors Corporation
-- Christopher Edwards, professor, Department of Mechanical Engineering,
Stanford University
-- Horst Muenzel, regional president, Research and Technology Center,
Robert Bosch LLC
-- Elon Musk, product architect and chairman, Tesla Motors and CEO and
CTO,
SpaceX
-- Stephen Schneider, professor, Department of Biology and Woods
Institute
for the Environment, Stanford University

Bosch has also become a founding member of Stanford University's CarLab, an
initiative founded by three university professors, focusing on
interdisciplinary research into automotive vehicle safety, the environment and
enjoyable transportation. Bosch joins various automotive manufacturers,
consumer and research companies in this initiative, uniquely bringing its
leadership as a leading automotive supplier to these research areas.

"For many years, Bosch has significantly invested in research to develop
technological solutions for social and ecological challenges," said Dr.
Siegfried Dais, deputy chairman of the Board of Management, and responsible
for Research & Development, Robert Bosch GmbH. "By partnering with Stanford
University, one of the world's leading research and teaching institutions, in
establishing the Bosch Chair and through our participation in the CarLab
initiative, we continue our commitment to those principles and help accelerate
the development of sustainable technologies for future generations."

"The Stanford School of Engineering is dedicated to tackling major societal
challenges such as environmental sustainability through research and
education. Those efforts are greatly helped by the support and partnership of
companies such as Bosch," said Stanford Dean of Engineering James D. Plummer.

The Bosch Group is a leading global supplier of technology and services. In
the areas of automotive and industrial technology, consumer goods, and
building technology, some 272,000 associates generated sales of over 46
billion euros (over $63 billion) in fiscal 2007. The Bosch Group comprises
Robert Bosch GmbH and its roughly 300 subsidiary and regional companies in
over 50 countries. This worldwide development, manufacturing, and sales
network is the foundation for further growth. Bosch spends more than three
billion euros each year for research and development, and in 2006 applied for
over 3,000 patents worldwide. The company was set up in Stuttgart in 1886 by
Robert Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical
Engineering."

In North America, the Bosch Group manufactures and markets automotive original
equipment and aftermarket products, industrial automation and mobile products,
power tools and accessories, security technology, thermo-technology, packaging
equipment and household appliances. Bosch employs approximately 25,000
associates in more than 70 locations throughout the U.S., Canada and Mexico,
with reported sales of $9.5 billion in fiscal 2007. For more information on
the company, visit www.boschusa.com.

About the Stanford School of Engineering
Stanford Engineering is home to more than 240 faculty members and more than
4,000 graduate and undergraduate students in nine academic departments. Among
the larger and higher-ranked departments is mechanical engineering, where
faculty members and students are advancing the frontiers of areas such as
energy, nanotechnology, biomechanics, design and computational simulation.

Contact: Chandra Lewis
e-mail: chandra.lewis@us.bosch.com
Corporate Communications
telephone: 248-876-6731
fax: 248-876-1116

SOURCE The Bosch Group

Chandra Lewis, Corporate Communications of The Bosch Group, +1-248-876-6731,
fax, +1-248-876-1116, chandra.lewis@us.bosch.com