I found this on this website.
http://64.233.161.104/search?q=cache:bUbmGMvgU7EJ:www.surfermag.com/features/onlineexclusives/jp/+Billabong+Vests&hl=en Looks like you were correct.
Jet Pilot's Molded Vest is a BILLABONG ODYSSEY favorite: This vest, designed & manufactured by Jet Pilot, has recently been the vest of choice for the BILLABONG ODYSSEY where surfers and watermen as the cast and crew travel &search the globe in hopes of riding the biggest waves ever seen.Jet Pilot has agreed to supply the vests to Billabong, who has screened their own logo's on most vests for exposure purposes.Check out photos of Jet Pilot's Molded vest in action at
www.billabongodyssey.com in the NEWS section,10.11.01 & 10.14.01.The overwhelmingly positive feedback from Odyssey surfers & personnel that are using the Jet Pilot vest has reinforced JetPilot's leadership and commitment in developing the highest quality, best designed products available."Technology Changes Everything".