CEVA Logistics

CEVA’s proven performance and operational excellence recognized two years running

HOUSTON, Texas 15 May 2008 – CEVA Logistics, one of the leading supply chain management companies in the world, was recently recognized as “Transportation Partner of the Year” by Fujitsu Computer Products of America, Inc. (FCPA).  For the second year in a row, CEVA has emerged as the most valued supply chain partner for one of the world’s leading suppliers of innovative computer products.

 “CEVA has consistently demonstrated the level of performance and personal service necessary to earn this award,” said Glenn Wood, senior director, logistics, Fujitsu Computer Products of America, Inc.  “Working closely with FCPA, CEVA has developed and executed innovative solutions that provide a higher level of service while removing cost from our model.  The fact that CEVA (formerly EGL) maintained service excellence and enhanced our partnership in the midst of their merger with TNT Logistics is particularly impressive.” 

FCPA’s service providers were evaluated in the areas of operational execution, cost reduction initiatives, customer service and technology. CEVA’s performance over the measured period earned the highest score since the inception of the award. On May 7, Wood presented CEVA with the award at the world Freight Management Headquarters in Houston, Texas.

“It’s an honor to be recognized as Fujitsu Computer Products of America’s top logistics provider for the second consecutive year,” said Joe Bento, president, global freight management, CEVA. “We have worked hard to differentiate ourselves through flexibility and innovation, but equally important is the reciprocal commitment by FCPA to a partnership that is mutually rewarding.  We value the relationship we have with FCPA and look forward to continuing to play a key role in Fujitsu’s goals and strategic objectives for the future.”

FCPA and CEVA have continually expanded their transportation partnership since it began in 2006. Today, CEVA services nearly every segment of Fujitsu’s supply chain, from transportation services including customs brokerage to contract logistics and manages multiple logistics facilities for FCPA in North America.

For more information contact:
Laura Gorham
Laura.Gorham@cevalogistics.com
+1 281-618-3465

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.