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Volvo Penta, Yamaha Motor Partnership

Maritime Activity Reports, Inc.

December 7, 2010

AB Volvo Penta and Yamaha Motor Co., Ltd have entered into a technological agreement to develop boat control system. Through the wholly owned electronics company, CPAC Systems, Volvo Penta is developing world-leading electronic solutions, such as the electronic platform.

This CAN-based network, which links the engine, transmission, instrumentation and accessories in a single system, currently forms the electronic base of Volvo Penta’s product range for power boats.

The introduction of boat control system in the marine industry is going to intensify in the years to come and, with a view to creating technological synergies, Volvo Penta and Yamaha Motor have now signed an agreement involving technological partnership.

This partnership will initially focus on Volvo Penta’s existing technology, but the parties are also planning to evaluate the opportunities for cooperation in the marketing area.

The technology agreement will take effect at the end of the year and a selection of Volvo Penta’s existing electronic solutions adapted for Yamaha Motor is expected to be introduced within a few years.

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