Autoliv employee receives U.S. Government Award for Safety Engineering Excellence Business Wire STOCKHOLM, Sweden -- June 4, 2013 Regulatory News: Dr. Rikard Fredriksson, Director of Biomechanics and Restraints at Autoliv Research in Vårgårda, Sweden, has received a U.S, Government Award for Safety Engineering Excellence. The prestigious award was handed to Dr. Fredriksson by Mr. David L. Strickland, administrator at the U.S. National Highway Traffic Safety Administration, (NHTSA) during the 23rd Conference for Enhanced Safety of Vehicles in Seoul, South Korea. Rikard Fredriksson has worked in the field of pedestrian protection since 1998, and received the award ”in recognition of and appreciation for exceptional scientific contributions in the field of motor vehicle safety engineering and for distinguished service to the motoring public”. The research performed by Rikard Fredriksson in the area of pedestrian protection has been pioneering and of great value. It has resulted in new innovative safety systems, which have the potential to considerably contribute to the enhancement of safety of vulnerable road users. Rikard Fredriksson is today a well-known researcher and authority in this field. Dr. Fredriksson’s doctoral thesis from 2011 has the title “Priorities and Potential of Pedestrian Protection”. Already at the ESV conference in 2001 Rikard Fredriksson presented the potential of a pedestrian protection system with lifting of a car´s hood to decrease the risk of head injury. At the Frankfurt Motor Show the same year a supplementary system with external A-pillar airbags was shown. This early work paved the way for the hood lifting system first introduced by Jaguar in 2005 and the pedestrian protection airbag introduced by Volvo Cars in the new V40 model in 2012. Today his work focuses on integrating passive and active safety systems for pedestrian protection, and includes cyclists in addition to pedestrians, both areas that have the potential to significantly enhance the safety for vulnerable road users. About Autoliv Autoliv Inc., the worldwide leader in automotive safety systems, develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has approximately 80 facilities with 52, 000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2012 amounted to US $8.3 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com. Safe Harbor This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements, including without limitation, management’s examination of historical operating trends and data, are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Because these forward-looking statements involve risks and uncertainties, the outcome could differ materially from those set out in the forward-looking statements for a variety of reasons, including without limitation, changes in and the successful execution of our capacity alignment, restructuring and cost reduction initiatives discussed herein and the market reaction thereto; changes in general industry or regional market conditions; loss of business from increased competition; higher raw material, fuel and energy costs; changes in consumer and customer preferences for end products; customer losses; changes in regulatory conditions; customer bankruptcies or divestiture of customer brands; unfavorable fluctuations in currencies or interest rates among the various jurisdictions in which we operate; fluctuation in vehicle production schedules; component shortages; market acceptance of our new products; costs or difficulties related to the integration of any new or acquired businesses and technologies; continued uncertainty in pricing negotiations with customers, our ability to be awarded new business; product liability, warranty and recall claims and other litigation and customer reactions thereto; higher expenses for our pension and other postretirement benefits; work stoppages or other labor issues; possible adverse results of pending or future litigation or infringement claims; negative impacts of antitrust investigations or other governmental investigations and associated litigation (including securities litigation) relating to the conduct of our business; tax assessments by governmental authorities dependence on key personnel; legislative or regulatory changes limiting our business; political conditions; dependence on customers and suppliers; and other risks and uncertainties identified under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Reports This information was brought to you by Cision http://news.cision.com Contact: Inquiries: Thomas Jönsson, Vice President Corporate Communications Tel + 46 8 587 20627
Autoliv employee receives U.S. Government Award for Safety Engineering Excellence
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