SKF Provides Technical Support for the Luxury, All-Electric, Sports Car Venturi Fétish

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

SKF (STO:SKFA) (STO:SKFB) (LSE:SKFB) (Pink Sheets:SKFRY) supplies bearings for the electric motor speed reducer, together with high-performance wheel hubs used in the luxury, sports car Venturi Fétish. In addition SKF has been working closely together with Venturi, providing specific calculation services.

– The technical collaboration between SKF and Venturi Automobiles has led to the development and growth in reliable technical solutions for electric cars applications. We can provide extensive knowledge in the area of energy efficient vehicles, acquired through several similar development projects, says Tryggve Sthen, President SKF Automotive Division.

This high-performance, all-electric, noiseless sports car represents a great novelty on the luxury cars front, through its environmentally friendly features. This new version is entirely built of carbon fiber, the Fétish sports car benefits from the best technologies available to achieve an outstanding car. Despite it being an extremely high-tech car, the design of the Venturi Fétish has focused on driving pleasure and easy use.

Venturi Fétish has a strong performance with acceleration from 0 to 100 km/h in less than 4 seconds. It has a range of 290 km.

Göteborg, 26 November 2009
Aktiebolaget SKF (publ)

AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.30 am CET on 26 November 2009.

SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group’s service offer includes technical support, maintenance services, engineering consultancy and training. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. The Group’s annual sales 2008 were SEK 63,361 million. The number of employees was 44,799. www.skf.com.

About Venturi:
Since 2001, VENTURI has led a sustained innovation drive that has made it an undisputed leader in electric vehicles. Driving the most advanced technological solutions in its field, VENTURI has a unique experience extended from high-performance sports cars to city quadricycles through electric conversions. Venturi, through its accomplishments, has influenced the future of automobile changing the electric vehicle perception. www.venturi.fr

This information was brought to you by Cision http://www.cisionwire.com