(RNN) – Say goodbye to Arlene, everybody.

The tropical storm that formed Thursday over the Atlantic is expected to be absorbed by an extratropical low and dissipate later Friday, National Hurricane Center forecasters said.

Currently located more than 1,000 miles west-northwest of the Azores, it is moving quickly westward at 31 mph, packing winds of 50 mph.

The tropical system is not a hazard to land.

Arlene became the first named storm of the year, well ahead of hurricane season, which doesn’t start until June 1.

Last year, Hurricane Alex formed in the mid-Atlantic in January, making landfall in the Azores as a tropical storm, CNN said. It was fourth known storm in the first month of the year since records started being kept in 1851.

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