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ZF MARINE MOVING NORTH AMERICAN HEADQUARTERS TO NEW LOCATION IN MIRAMAR, FLORIDA

Thursday, August 14, 2008
FT. LAUDERDALE, Fla. – ZF Marine – the marine propulsion systems division of the ZF Group – is relocating its North American headquarters from Hollywod, FL, to Miramar, FL, effective Jaunary 1, 2009. The new facility will be located at 15351 SW 29th Street, Miramar, FL 33027. Currently, ZF Marine LLC is housed in a 32,000 square-foot facility in Hollywood, FL The new facility in Miramar nearly doubles the current size to 62,500 square feet. “This increase in our overall space, will help ready us for the addition of future ZF Marine product families while being more centrally located to better service our customers in South Florida,” said Wolfgang Schmid, General Manager, ZF Marine LLC ZF Marine LLC is a member of the ZF Marine Group (www.zf-marine.com), headquartered at ZF Padova SpA Italy. ZF Marine offers complete marine propulsion systems, including transmissions, propellers, control systems, surface drives, POD drives, and shaft brakes for all types of vessels. ZF is a leading worldwide supplier of driveline and chassis technology. Headquartered in Friedrichshafen, Germany, the company employs approximately 58,000 at 119 locations in 25 countries, and totaled sales of $17.3 billion in 2007. ZF Marine, LLC is a member of the ZF Marine Group, headquartered at ZF Padova SpA Italy. ZF Marine offers complete marine propulsion systems, including transmissions, propellers, control systems, surface drives, pod drives, and shaft brakes for all types of vessels. Martin Meissner ZF Marine LLC Corporate Communications 954-581-4040 martin.meissner@zf.com