Flex and Savari -- Driving to Advance Global Transportation Safety with Connected Car and Smart City Solutions - Seite 2

"V2X technology holds great potential for improving both transportation safety and efficiency in our cities and along our highways," said Ravi Puvvala, CEO at Savari. "By partnering with Flex -- with its global footprint and Sketch-to-Scale services -- we are accelerating the development and deployment schedule of our industry-leading V2X solutions for the latest CVP rollouts and other installations. Having been proven in numerous DOT trials, our V2X solutions deliver a positive impact on vehicular safety and smart city infrastructure."

The U.S. Department of Transportation issued a proposed rule last December "that would advance the deployment of connected vehicle technologies throughout the U.S. light vehicle fleet," by enabling V2V technology on all new light-duty vehicles, "enabling a multitude of new crash-avoidance applications that, once fully deployed, could prevent hundreds of thousands of crashes every year by helping vehicles 'talk' to each other."

* World Health Organization: "Global status report on road safety 2015"

** U.S. Department of Transportation: "2015 Motor Vehicle Crashes: Overview" -- August 2016

About Flex Ltd.
Flex is the Sketch-to-Scale™ solutions provider that designs, manufactures and distributes intelligent products for a connected world™. With approximately 200,000 professionals across 30 countries, Flex provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies of all sizes in various industries and end-markets. For more information, visit flex.com or follow us on Twitter @flexintl. Flex -- Live Smarter™

About Savari
Savari seeks to make the world's roadways smarter and safer by deploying advanced wireless sensor technologies and software for V2X environments to support a growing portfolio of intelligent transportation services. With more than 150 man-years of V2X learning and development and 15 million-plus miles per year of public testing, Savari is a leader in V2X technology. Savari is headquartered in Santa Clara, Calif., and has offices in Detroit, Mich., Munich, Germany, Seoul, Korea and Bangalore, India. The company is comprised of a core team of industry veterans from the automotive, semiconductor, software and telecommunications industries. Savari is partnering with automotive OEMs, system integrators, chipset vendors and industry groups like the U.S. Department of Transportation. For more information, visit

http://www.savari.net.

Contacts

At Flex:
Renee Brotherton | Paul Brunato
Corporate Communications
[phone] | [phone]
[e-mail]
[e-mail]

Kevin Kessel
Investor Relations
[phone]
[e-mail]

At Savari:
Greg Wood
Zeno Group for Savari, Inc.
[phone]
[e-mail]