UBS officially announced as the title sponsor of the first and only Southeast Asian stopover for the Volvo Ocean Race 2008-2009 in Singapore.

“On behalf of UBS, I am delighted to announce our title sponsorship of the ‘Volvo Ocean Race 2008-2009 Singapore Stopover brought to you by UBS’,” commented Ms. Patricia Enslow, Managing Director, Head of Marketing, Segment & Sales Management, UBS Wealth Management APAC. “This is the first time that this prestigious yacht racing event will be visiting Asia, with stopovers in Singapore, India and China.”

“UBS believes that sailing will become an increasingly popular sport enjoyed by many in Asia and we are proud to bring the Volvo Ocean Race to the communities here. UBS has a long history of supporting world class sailing events spearheaded by its longstanding and successful partnership with Team Alinghi, the Swiss two-time winner of the America’s Cup. A successful sailing team needs to display attributes of leadership, teamwork and the highest levels of performance. These are values that are core to UBS.”

The Volvo Singapore Stopover will be based at Sentosa Cove and ONE°15 Marina Club, from 22 December 2008 to 18 January 2009, on the resort-island of Sentosa, south of mainland Singapore. Visitors will be able to get a close look at the fleet of Volvo Open 70s, and enter the Race Village for free. A state-of-the-art Race Village featuring various activities for the public and corporate hospitality will also be housed at the Sentosa Cove Arrival Plaza.

The Singapore Stopover will be the longest duration on the entire race calendar with the visiting teams spending their Christmas and New Year on Singapore’s sunny shores.

Mr Low Teo Ping, President of the Singapore Sailing Federation and Vice President of the International Sailing Federation added: “Our ancestors were great sailors and it is only appropriate that sailing is now increasingly becoming a pastime of choice for many Singaporeans. Singapore is fast gaining a reputation as an international sailing hub and an exciting lifestyle destination; hence it is very timely for us to host an event of such calibre to showcase to the world the great infrastructure and capabilities of the country.”