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>POC and Volvo Cars announce ground-breaking cycling safety technology.
Posted by daviddon on September 7th Will Butcher Jersey , 2015


POC and Volvo Cars will present the exciting first results of their partnership at the CES (Consumer Electronics Show) in Las Vegas, 6-9 January 2015 with a unique safety technology which connects drivers and cyclists for the first time.


In a ground-breaking move for the automotive industry Volvo Cars and POC will present the safety technology which consists of a connected car and helmet prototype that establishes 2-way communication offering proximity alerts to Volvo drivers and cyclists with the aim of reducing accidents.


The partnership between POC, a leading manufacturer of skiing and cycling helmets New Jersey Devils Jersey , apparel and accessories, and Volvo Cars, the Swedish pioneer in automotive safety innovations Ryan Johansen Jersey , was established in January 2014 to exchange knowledge and experience to mutually explore new ideas within safety and design. The initial research and development project has been focused on communication between cars and cyclists.Mtb Clothing


“Our partnership with Volvo is both humbling and rewarding and aligns very well with our mission to do the best we can to possibly save lives and to reduce the consequences of accidents for gravity sports athletes and cyclists,” says Stefan Ytterborn, POC CEO and founder. “Our mutual view and focus on safety has resulted in a unique safety concept that can improve road safety through increased interaction between motorists and cyclists.”


By using popular smartphone cycling apps P.K Subban Jersey , like Strava, the cyclist’s position can be shared through the Volvo cloud to the car, and vice versa. If an imminent collision is calculated Pekka Rinne Jersey , both road users will be warned. The Volvo driver will be alerted to a cyclist nearby through a head-up display alert – even if the cyclist does not appear in view, e.g. behind a bend, another vehicle or during low visibility. The cyclist will also be warned via a helmet-mounted alert light as well as vibration.


“The strategic partnership between Volvo Filip Forsberg Jersey , POC and Ericsson is an important milestone in Bicycle Gloves investigating the next steps towards Volvo’s goal to build cars that will not crash anymore,” says Klas Bendrik, VP and Group CIO at Volvo Cars. “In 2013 Nashville Predators Jersey , Volvo was the first car manufacturer to introduce the Cyclist Detection System with fully automatic emergency braking in city traffic. And now with this innovative new technology, we are getting ever closer to eliminating the remaining blind spots between cars and cyclists forever.”


The unique safety concept is a result of the all-Swedish partnership between Volvo Cars and POC and has exciting development opportunities and will ultimately help save lives across the whole spectrum of unprotected road users. Mountain Bike Goggles


“We are proud to take this step with Volvo and what we will present at CES is only the first among many initiatives together. We are excited to see how we can continue to contribute to make cycling safer and further support our mission,” adds Stefan Ytterborn Jonathan Drouin Jersey , POC CEO and founder.For more information visit here:

A testamentary trust is a trust created under a will. It can be one or more trusts created when as a result of a deceased estate.


There are many advantages of using a testamentary trust including


. asset protection
. protection of assets for children until they are capable of managing those assets
. tax planning opportunities


Asset Protection
The asset protection benefits can be significant. If assets are passed onto individuals as part of a deceased estate and they are in high risk occupations or industries then those assets will be held by the individual and subject to any claims made in the future by potential creditors. A testamentary trusts provides a level of protection over those same assets as they are held by the trustee for the benefit of the beneficiaries. Therefore the individual does not directly hold the asset.


Similar issues can arise where a parent dies and the children are under the age of 18. Some family groups want to be able to pass their assets onto their children after death but sometimes this event occurs much earlier than expected. A testamentary trust can allow those assets to be held on trust for the benefit of the children but the trustee of the trust can make decisions regarding the assets of the trust until such time that the children are able to maturely make decisions regarding these investments.


Tax Planning
One of the main tax advantages of income earned by a testamentary trust is that income directed to children under the age of 18 is taxed at the adult marginal tax rates. Ordinarily income distributed to children under the age of 18 is subject to special rates of taxation which over a certain amount, which is very low, is taxed at the top marginal rate being 46.5%. This can be a significant tax planning opportunity for income received by a testamentary trust that is otherwise generally not available.


Your advisers need to be aware of the anti-avoidance provisions and any strategies put in place do not breach any of these provisions.


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