TEAM TYCO FOURTH ON FIRST LEG OF VOLVO OCEAN RACE

Date: 1/2/2002

TEAM TYCO FOURTH ON FIRST LEG OF VOLVO OCEAN RACE

Team Tyco crossed the finish line of the first leg of the Volvo Ocean Race at Cape Town. South Africa, 8:37am local time October 28 after spending 33 days, 16 hours and 37 minutes at sea. The elated Tyco crew arrived in fourth place and were greeted by a crowd of friends, family shore support and well-wishes. The fleet started in Southhampton, England on September 23rd. Team Tyco showed strong crew work and good boat speed. Skipper Kevin Shoebridge is happy with the result and comments “For the first 15 days of the race that group of five of us was so tight, the performance so close. We’re going to see a lot more of that in this race. Everyone is so evenly matched. That we led the race for so long gives us confidence in our speed; we have the team and the harware to win any leg and be a top 3 finisher.”

Project Director/Team Manager, Mike Castania said “Fourth place is a very good position to start this 9 month event. We are focusing on leg 2 now and looking to further improve our standing.”

There were several defining moments of the 7350 nautical mile leg. In the first fifteen days, the top group of five boats was very tightly bunched. Tyco first took the lead as they skirted the Bay of Biscay but ended up slipping into fourth place.

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