CEVA Logistics Named 2008 “Logistics Partner of the Year”

CEVA Logistics Named 2008 “Logistics Partner of the Year” and “Transportation Partner of the Year” by Fujitsu Computer Products of America, Inc.

Houston, Texas, 15 June 2009 - CEVA Logistics, one of the world’s leading supply chain companies, has been recognized as ”Logistics Partner of the Year” and “Transportation Partner of the Year” by Fujitsu Computer Products of America, Inc. (FCPA). For the third 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.

FCPA evaluated the performance of 11 service providers in 14 categories; including cycle time achievement, inventory accuracy and operational efficiency, before recognizing CEVA as the recipient of the Logistics Partner of the Year award. CEVA manages one exclusive use facility in Sacramento and four multi-use logistics facilities on behalf of FCPA in North America.

“CEVA consistently demonstrates 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 taken a holistic approach to managing our supply chain. While these services are transactional, the relationship transcends local boundaries. CEVA and FCPA have clearly developed a true partnership and continue to strive to make all aspects of our relationship mutually beneficial.”

For the Transportation Partner of the Year award, 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, surpassing CEVA’s previous highest score in 2009. On May 28, Wood presented CEVA with both awards at CEVA’s Americas Headquarters in Houston, Texas.

“It’s an honor to be recognized as Fujitsu Computer Products of America’s top logistics provider for the third consecutive year,” said Joe Bento, president, CEVA Americas and global freight management. “Glenn and the team at FCPA consistently challenge CEVA to develop innovative solutions to meet the needs of their business. The foundation of our partnership is the willingness to drive mutual excellence. FCPA pushes the limits of capability and CEVA responds to the challenge.”

FCPA and CEVA have continually expanded their transportation and logistics partnership since it began in 2001. Today, CEVA services nearly every segment of Fujitsu’s supply chain, from transportation services including customs brokerage to contract logistics.


CEVA
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 management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. For more information, please visit www.cevalogistics.com

About Fujitsu Computer Products of America
Fujitsu Computer Products of America, Inc. conducts engineering and marketing activities in Sunnyvale, California, and sales operations throughout the United States. Fujitsu Computer Products of America, Inc. currently offers products and services including hard disk drives, scanners and scanner maintenance, broadcast video products, palm vein recognition technology and 10Gb Ethernet switches. Fujitsu Computer Products of America, Inc. is located at 1255 East Arques Avenue, Sunnyvale, CA, 94085. For more information about Fujitsu products and services, call us at 800-626-4686 or 408-746-7000. For more information, please see: http://us.fujitsu.com/fcpa

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.