SKF awarded new seals agreement with ZF Sachs Italy

SKF has been awarded an agreement with ZF Sachs Italy to supply 140 000 oil seals and wiper seals for motorcycle forks. With this agreement SKF now strengthens its position in the area of fork sealing solutions for high performance two wheelers. Many of ZF Sachs’ customers are the top motorcycle brands. – We worked closely with ZF Sachs Italy to develop these solutions for their new motorcycle front suspension applications and the project has been a true success. Our engineering knowledge in sealing material and fast response time gives us the competitive edge to support our customers’ needs and demands, says Dan Reed, President, SKF Sealing Solutions. – SKF’s capabilities to engineer customized high-quality products in such a fast responsive way, is truly impressive. Our cooperation with SKF has resulted in our customer’s increased satisfaction with our applications, says Piero Vicendone, Managing Director, ZF Sachs Italia S.p.A. With these high performing two wheeler suspension seals oil retention and dirt protection has been improved by eliminating stick and slip effects. The new material developed has a special formula that creates a long lasting self lubrication capability of the seal during operation. The seals will be manufactured in Villanova, Italy. Gothenburg, 6 May 2010 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 09.00 am CEST on 6 May 2010. For further information, please contact: PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile: +46 706-973260, e-mail: ingalill.ostman@skf.com IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46 705-181994, e-mail: marita.bjork@skf.com 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 2009 were SEK 56,227 million. The number of employees was 41,172. www.skf.com.