Tuesday, May 19, 2009

CEVA Logistics to Handle Worldwide Forwarding Services for Powerwave

Houston, Texas, May 18, 2009 – CEVA Logistics, one of the leading supply chain companies in the world, today announced it has been awarded 100% of the worldwide forwarding services for Powerwave Technologies, Inc., a global leader in end-to-end wireless coverage and capacity solutions for wireless communications networks.

“We’ve enjoyed a long-standing relationship with CEVA as our secondary logistics provider – handling a fraction of our logistics business. However, we are in the process of consolidating our supply base and due to CEVA’s commitment, performance and professionalism, we’ve awarded them our global logistics business,” said Heiko Juritz, Chief Procurement Officer, Powerwave Technologies, Inc. “We look forward to working with the CEVA team to identify strategic solutions and cost-reduction incentives as Powerwave continues to grow its business and support next-generation wireless networks globally.”

Jerome Stelly, Global Account Director for CEVA said, “We are very excited about expanding our partnership with Powerwave. We understand the unique complexities of the Company’s supply chain and the importance of having a reliable partner with proven global experience. I think we really differentiated ourselves with a strategic solution that will improve the speed of their supply chain and help reduce costs. This solution is supported by an account management team specifically dedicated to Powerwave’s requirements in each of its operating regions.“

Services provided by CEVA for Powerwave will include all heavyweight airfreight and seafreight management. CEVA will also manage a distribution center in Hong Kong, ground transportation in mainland China and is currently laying the foundations for Powerwave’s global brokerage business, which is heavily focused on the company’s expanding operations in India.