Ericsson Racing Team Names British Yachtsman Neal McDonald As Skipper.STOCKHOLM, Sweden -- The Ericsson (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ERICY) Racing Team has today named Neal McDonald as skipper and Steve Hayles as navigator of Ericsson's entry in the Volvo Ocean Race Volvo Ocean Race (formerly the Whitbread Round the World Race) is a yacht race around the world, held every four years. It's named after its sponsor, Volvo. Though the route is changed to accommodate various ports of call, the race typically departs England in September. 2005-06. Neal McDonald is a veteran of four round-the-world races, finishing second as skipper in his last race, and has competed in both the America's Cup America's Cup: see sailing. America's Cup Most prestigious trophy in international yachting competition. First offered under another name in Britain in 1851, the cup was won easily by the America from New York and subsequently became known as the and the Admiral's Cup The Admiral's Cup is a yachting race series in England. It was started in 1957 and is normally a biennial event (occurring in odd-numbered years). However, the event was not staged in 2001 or 2005. . McDonald has the experience and talent to skipper any boat competitively. He also has an engineering background. Steve Hayles, also a veteran of the Volvo Ocean Race, will join McDonald on the Ericsson Racing Team. Hayles has participated in the Volvo Ocean Race three times and was a navigator in the 2001-02 race. Dave Powys is taking on the important shore manager position. Powys has vast experience in boat management and sailed in the Whitbread Round the World Race maxi yachts The word maxi can either refer to a large racing sailboat of typically more than 21 metres or to a well known range of smaller production cruiser/racer yachts. There is no precise definition of how large a racing yacht must be to be termed a maxi Rothmans and Fortuna. Powys also took part in the America's Cup with Victory, Kookaburra kookaburra (k  k`əbûr'ə), common name for a squat, long-tailed Australian kingfisher, Dacelo navaguinae. and the Blue Arrow ÓÀ:For a push-pull train model in China railway, see DJJ1. Blue Arrow is a British employment and recruitment agency.In 1987 the company was the centre of a financial scandal when employees of NatWest's investment arm, County NatWest, covered up a failed issue of teams. Ericsson, the world's leading telecommunications supplier, announced its entry in the race on April 25. The Ericsson Racing Team is supported by Semcon as design and development partner. "Ericsson's core values are professionalism, respect and perseverance; three qualities that are at the heart of a successful ocean racing team and qualities that I know lie at the heart of what Neal has delivered both as skipper and crew member throughout his career," said Dusyant Patel, Operating Officer of Ericsson Racing Team. "Neal and Steve give our challenge great strength and the prospect of being a real contender in the race." Neal McDonald said, "It is great to be able to announce that I am skipper of the Ericsson Racing Team. The team is shaping up very well, both in terms of the people we are bringing on board, and the boat itself. I am really looking forward to getting out on the water and getting down to training with the team." Richard Brisius, project manager and co-founder of Atlant Ocean Racing said, "Our team is strengthened even further with the addition of Neal and Steve. From design and construction to partners and crew we have been able to build a world-class team. Neal and Steve were both our first choices from the small exclusive group of potential skippers and navigators." For updates on the Ericsson Racing Team's participation in the Volvo Ocean Race, please visit: www.ericssonracingteam.com Ericsson is shaping the future of Mobile and Broadband Internet See broadband. communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at: http://www.ericsson.com/press |
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