The Volvo Technology Award 2003 was presented this week in Gotenborg, Sweden to Volvo Trucks North America and Volvo IT, developer of the "Volvo Link" telematics system.

Volvo Link combines satellite technology with the Internet for functions including navigation, traffic information, emergency assistance and two- way communications between trucks and their home bases, regardless of where a vehicle is situated in the world.
Volvo Link is cheaper to use than current mobile phone systems, as well as being less expensive for the customer to purchase. Compared with existing systems in the U.S., Volvo Link is one-third the price. The system is the first truly commercial telematics system from which even small and medium-sized trucking companies can derive substantial financial benefit.
Volvo Link can be adapted globally for other types of products. Volvo Penta uses parts of the system in the U.S. where it is designated SeaKey.
The prize was awarded to 10 engineers from Volvo Trucks North America and Volvo IT in Greensboro, N.C.
The Volvo Technology Award was initiated in 1988 to express appreciation for particularly prominent technological efforts within the Volvo Group.