Yazaki Europe Limited (YEL) a leading supplier of vehicle power and data solutions to the automotive industry, announced today that it was named a "best supplier" by Volvo Cars Corporation for 1999. YEL received the Volvo Cars Award of Excellence for its contributions in instrumentation and wiring. Volker Heuzeroth, president and CEO of YEL, made the announcement.

"This was indeed an honor for YEL," said Heuzeroth, "Volvo Cars Corporation is world renowned for the quality of its vehicles. YEL is proud to be a part of that fine tradition, and pleased that Volvo recognized our contribution."

Award recipients must meet stringent standards for quality, logistics, environmental awareness, sourcing, R & D, cost reduction, productivity, and aftermarket activities to be considered a "best supplier."

The selection was made from Volvo's 475 suppliers. From that number, 30 candidates emerged, and finally, four companies were recognized as the companies that performed best last year. The jury was made up of Bertil Thoren, head of purchasing for Volvo, Curt Germundsson, head of car manufacturing, and Hans Gustavsson, head of product and process engineering.

"The aim of the award is to acknowledge supplier work that goes beyond the norm and to encourage further improvements," said Thoren.

The award was presented by Volvo Cars Corporation president Tuve Johannesson during a ceremony at the company's headquarters in Gothenburg, Sweden. Goran Stolt, branch manager of Yazaki Europe Limited, and Tom Varley, director of sales and cost estimating for Yazaki North America, Inc.'s Ford Business Unit received the award on behalf of YEL.

Yazaki Corporation is a global leader in the development and manufacturing of vehicle power and data solutions, and is continually researching and developing advanced electronic technologies for vehicles. Yazaki produces electrical distribution systems, fiber optics, advanced networking, instrumentation, junction blocks, connector systems, electronics and advanced technology. Worldwide, the company employs over 100,000 people in 31 countries.

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