AMERIGON COMPLETES PRIVATE PLACEMENT OF CONVERTIBLE PREFERRED
SHARES; RAISES $9 MILLION

IRWINDALE, Calif.-June 9, 1999--Amerigon Incorporated
(Nasdaq:ARGNA), announced today that it has completed a private
placement of $9 million of convertible preferred shares with Big
Beaver Investments LLC of Troy, MI and Westar Capital II LLC of
Costa Mesa, CA, both private investment companies. The financing
proposal was initially announced March 30,1999, and received
shareholder approval at Amerigon's Annual Shareholder Meeting at
the Company's Irwindale, CA headquarters on May 26, 1999.

Big Beaver Investments President Oscar (Bud) Marx commented, "We
are pleased to be in a position to assist Amerigon with its
financing. Now that our agreement is finalized and funding is in
place, Amerigon is positioned to transition from a development
stage company to a proprietary technology supplier to the global
automotive industry."

Westar Capital General Partner and Amerigon Board Member John
Clark said "The new financing provides the capital needed to
launch Amerigon's first high tech product, the Climate Control
SeatT, during this year. Additionally, it provides the Company
with the ability to continue the development and field evaluation
of its AmeriGuardT radar speed and distance sensing systems."

Amerigon President, Richard Weisbart said, "This financing
provides us with working capital to support our CCS launch late
this year for a `big three' North American automaker, and our
planned launch next year for a foreign car company. Additionally,
the financing provides us with the capital to continue working
with European, Asian, and other North American automotive
companies and their seat suppliers to introduce the CCS system in
other 2001 and 2002 model year vehicles.

"We are also excited to have the professional insight and advice
of our two key financial investors," Weisbart continued. "Bud is
a leading automotive industry insider who has spent the majority
of his career with Ford Motor Company, and John has extensive
experience with growth companies, leading the Westar private
equity group in the management of equity investments in eleven
companies with collective 1998 revenues in excess of $2 billion.
These two industrialists have committed to help support and guide
Amerigon during this critical growth phase."

Amerigon, an emerging player in the global automotive industry,
develops and markets proprietary products for automotive OEMs.
The Climate Control SeatT (CCST) technology provides active
heating, cooling and dehumidification for seat occupants. CCS
will debut in a "big three" model year 2000 luxury vehicle. The
Company's other products include its AmeriGuardT radar sensor
systems designed to extend the driver's field of view in such
vehicle applications as enhanced parking aids, back-up warning
systems and side object detection.

This release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 that involve risks and
uncertainties. Such statements are based on management's current
expectations and are subject to a number of factors and
uncertainties which could cause actual results to differ
materially from those described in the forward-looking
statements, including, without limitation, demand for the
Company's products, uncertainties in the development of high
technology products, risks and delays in obtaining customer
orders, technological change, competition and other risks and
uncertainties that are detailed in the Company's Annual Report on
Form 10-K and other reports filed by it with the Securities and
Exchange Commission.


Contact:

     Sitrick And Company, Los Angeles
     Tom J. Ekman, 310/788-2850