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SAAB AUTOMOBILE AB TO SPONSOR SWEDISH AMERICA'S CUP CONTENDER

      SAAB AUTOMOBILE AB TO SPONSOR SWEDISH AMERICA'S CUP CONTENDER
    TROLLHATTAN, Sweden, March 5 /PRNewswire/ -- Saab Automobile AB, the Swedish manufacturer of Saab 9000 and 900 automobiles, is one of a group of sponsors supporting the Swedish entry in the America's Cup sailing competitions, it was announced today.
    According to Tomas Wallin, project leader for the Swedish America's Cup Challenge entry, "America's Cup and Saab have a great deal in common.  They both demand the ultimate in quality and performance."
    The Swedish sailboat was designed and built in the town of Stenungsund, on the west coast of Sweden, and measures 75 feet (23 meters) overall.  Its beam and draft measure 18 feet (5.5 meters) and 13 feet (4 meters), respectively.  The boat carries 8,400 square feet (780 square meters) of sail downwind, and 3,200 square feet (300 square meters) tacking.
    Wallin continued, "It's quite fitting for Saab -- a Swedish company dedicated to advanced technology -- to be supporting such a significant sailing endeavor."  Saab joins a number of Swedish and international companies cooperating in the venture.
    -0-             3/5/92
    /CONTACT:  Steven Rossi or Karin Nobile of Saab, 203-795-7704/ CO:  Saab Automobile AB ST:  Connecticut IN:  AUT SU: PS-CK -- NY082 -- 5652 03/05/92 17:25 EST
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Publication:PR Newswire
Date:Mar 5, 1992
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