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CEVA wins Technology and Innovation of the Year Award

10 July 2008 - 09:00 CET

ASHBY DE LA ZOUCH – CEVA Logistics, a leading global supply chain management company, has won the prestigious UKWA (UK Warehousing Association) Award for Technology and Innovation. The presentation ceremony took place at London’s Dorchester Hotel.

The judging panel commented that “CEVA demonstrated a solution that overcomes the practical and administrative challenges of a “mixed fleet” of vehicles with analogue and digital tachographs.  A single process of analysis and reporting was established benefiting both drivers and CEVA”.

John Court, IT Director, Northern Europe, CEVA Logistics said: “This award follows our recent success in the IT Service Desk Awards and reflects the enthusiasm, professionalism and service focus of the team.  It also continues to demonstrate CEVA’s commitment to invest in value adding supply chain technologies.”

Nick Cullen, Managing Director, CEVA Logistics UK & Ireland said “I am delighted that CEVA has won the Technology and Innovation award from UKWA.  It is a bold and innovative response to the changing transport market place with the introduction of one integrated solution to manage both analogue and digital tachographs serving over 3,000 drivers and 120 CEVA operational sites. CEVA will continue to deliver market leading technology solutions that underpin our reputation for operational excellence.  These awards are testimony to the professionalism of our team.”

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For more information contact:

Lindsey Randle
Communications Officer
+44 (0)1530 568709
Lindsey.Randle@cevalogistics.com

 

CEVA. Making Business Flow

CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA employs 54,000 people and runs an extensive global network with facilities in over 100 countries. Following the merger with EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. For more information, please visit www.cevalogistics.com

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:

The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.