In addition, Visteon's operating profile,
post-restructuring, remains unknown.
Visteon reported negative free cash flow exceeding $400 million in
2004, which is expected to deteriorate further in 2005 due to lower
Ford production, higher commodity prices, Visteon's high fixed-cost
structure (including significant legacy costs) and operating leverage.

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This program rewards compliance to
the HL7 annotated ECG standard required for submitting ECG datasets to the
FDA. The vast majority of
the financial burden will fall on Ford, but during the negotiating
period , Visteon is exposed to refinancing risk with the August
maturity of $250 million in notes and the expiry of a $565 million
bank facility in June 2005.

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Their critical cardiac safety data can now transfer
seamlessly from our digital ECG management platform, LifeSignals, to
the FDA ECG warehouse .

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As a spin-off from the Ischemia Research and
Education Foundation, Gentiae's ECG central laboratory inherits more than
18 years of experience interpreting cardiac safety data for global studies.
Gentiae conducts research worldwide and provides a range of clinical trial
management services that include protocol design, trial management, project
management, data management, site monitoring, biostatistical analysis,
report writing, and regulatory support.

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The
Rating Watch Negative status is based on the uncertainties mentioned
above, although Fitch recognizes that a final agreement with Ford
could provide material financial support and an improved operating
profile that could warrant a review of the rating.

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"

"It was a pleasure working through this process with Gentiae," said Randy
Spaulding , vice president of clinical research at Mortara.gentiae.

In the absence of a final agreement with Ford, Visteon is
increasingly exposed to refinancing risks and uncertainty regarding
its ultimate capital structure and sources of liquidity. Execution
will depend on successful negotiations between Ford, Visteon and the
UAW rather than solely between Ford and Visteon. Nevertheless,
incremental production cutbacks at Ford will exacerbate previous
negative free cash estimates through 2005 and weaken Visteon's
financial profile on a stand-alone basis.

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Fitch also maintains the Rating Watch Negative status on Visteon. If
that was to occur, Fitch will review the relative ratings of the
secured and unsecured holders.

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Business Editors

CHICAGO----Fitch Ratings has
lowered the ratings of Visteon Corporation (Visteon) as follows:

-- Senior unsecured and bank debt to 'B' from 'BB'.
The extent and terms of post-restructuring liquidity are unknown.

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The datasets are routed through the ECG warehouse, which was
developed by Mortara in collaboration with the FDA.
In Fitch's view, liquidity is expected to come from secured bank
financing, potentially subordinating existing unsecured holders.

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, based in the San Francisco Bay Area, is an
internationally recognized provider of cardiovascular core laboratory
services including electrocardiography (ECG ), Holter, echocardiography
(ECHO) and angiography.com .

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"Due to their
in-house digital ECG technology platform and their IT professionals, the
data transfers and validation steps went as smoothly as possible.
Fitch's downgrade also reflects increasingly difficult conditions
for the automotive supplier universe, including production cutbacks,
which will likely accelerate Visteon's negative cash flow in 2005.

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" More
information about Gentiae can be found at www.

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Gentiae Clinical Research , Inc. These steps included verifying that data in all
required and optional fields were mapped correctly; validating sample
annotated ECG files; and transferring test data. We look
forward to working together on their upcoming FDA client submissions. Bank lines and cash holdings
would provide limited ability to financing operating losses upon the
expiry of the support agreement with Ford (potentially at yearend
2005).

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"

About Gentiae

Gentiae Clinical Research, Inc. Gentiae manages the collection,
measurement, clinical interpretation, analysis, archiving and submission of
digital ECG data and diagnostic images through its LifeSignals
technology platform.

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Gentiae completed a four-week process in order to achieve the
certification , based upon steps outlined in an implementation guide
provided by Mortara.

The name Gentiae , based on a Latin root, means "people of the world.

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, a
provider of centralized cardiac safety monitoring and imaging services,
announced today their participation in and successful completion of Mortara
Instrument's Certified Partner Program.

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Visteon Lowered to 'B' by Fitch Ratings; Remains on Rating Watch Negative

Visteon and Ford are currently operating under a temporary agreement
that would effectively cover 2005 cash flow shortfalls.

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PRESS RELEASE Gentiae Completes Mortara Certified Partner Program for Digital ECG Submission to the FDA

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"It also demonstrates our dedication to keeping in compliance with the
latest regulatory guidelines in order to add value as a service partner to
our clients.

The
negotiations toward a final agreement have taken place over an
extended period, demonstrating the complexity of the task.

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"The significance of this step is that our Sponsors can be certain that
their digital ECG submissions will be accomplished efficiently and with
absolute data integrity," said Michael Cheung, director of IT at Gentiae.