Connected Car services come to market with Volvo Car Group and Ericsson


STOCKHOLM, SWEDEN--(Marketwire - Dec 17, 2012) -

* Connected Vehicle Cloud based on Ericsson's Multiservice DeliveryPlatform will provide infotainment, apps and communication services in Volvo'snew cars

* Drivers and passengers will benefit from cloud-enabled services and applications

* Managed Services, Consulting and Systems Integration provided byEricsson

Volvo Car Group will use Ericsson's (NASDAQ: ERIC) Connected Vehicle Cloudinorder to allow drivers, passengers and the car to connect to servicesavailablein the cloud.

Drivers and passengers will be able to access applications for information,navigation, and entertainment from a screen in the car. At the same time,VolvoCars will be able to open parts of the platform to other players in theeco-system of the automotive industry.

Content providers will have agreements with Volvo and the other members oftheecosystem, like internet radio providers, road authorities, cities'governments,toll-road operators and others.

Lex Kerssemakers, Senior Vice President Product Strategy and Vehicle LineManagement at Volvo Cars, says: "We clearly see that cars in the nearfuturewill integrate the same level of digital services that consumers today areusedto have in their homes or at work. This is a strategically important partofVolvo's investments for the future where we intend to take a leadingposition."

The partnership calls for Ericsson to perform systems integration of thesolution with Volvo Car Group IS/IT environments and in-vehicle systems.Ericsson will also provide managed services for a global cloud solutionwith asecure connection between the vehicle and all players in the value chainand inthe ecosystem.

Kerssemakers continues: "Ericsson is a perfect partner for Volvo Car Group,bringing extensive experience and global business acumen to the table. Ontop ofthis both companies share the same ambition to develop industry leadingsolutions in line with our shared vision of the future based on a networkedsociety."

Per Borgklint, Head of Business Unit Support Systems, Ericsson, says: "Thispartnership is evidence of the transformation across our entire society aswemove into the Networked Society. Drivers want services that technologymakespossible, in real time and in the context that fits them personally. Ourskillsin System Integration and Service Enablement will match Volvo's strategy."

Volvo's expertise in driver behavior and traffic safety measurements, alongwithEricsson's consulting, system integration and managed services expertisefrommobile communication solutions, will be used to define and select futureservices to be supported by the platform, keeping in mind the driver'spriorityon the traffic situation.

Ericsson Connected Vehicle Cloud targets the existing and future demands onscalability, security and flexibility in the global automotive industry.


Attending Consumer Electronics Show, CES in Las Vegas, January 8-11 2013?

Ericsson President and CEO Hans Vestberg will be available along withrepresentatives from Volvo on Tuesday January 8, 4 p.m in the Ericssonbooth,Las Vegas Convention Center, Central Hall #13638

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Ericsson is the world's leading provider of communications technology andservices. We are enabling the Networked Society with efficient real-timesolutions that allow us all to study, work and live our lives more freely,insustainable societies around the world.

Our offering comprises services, software and infrastructure withinInformationand Communications Technology for telecom operators and other industries.Todaymore than 40 percent of the world's mobile traffic goes through Ericssonnetworks and we support customers' networks servicing more than 2.5 billionsubscribers.

We operate in 180 countries and employ more than 100,000 people. Founded in1876, Ericsson is headquartered in Stockholm, Sweden. In 2011 the company'snetsales were SEK 226.9 billion (USD 35.0 billion). Ericsson is listed onNASDAQOMX, Stockholm and NASDAQ, New York stock exchanges.

Volvo and Ericsson: Connected Cars:

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Source: Ericsson via Thomson Reuters ONE



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