CEVA Boosts e-fulfillment Solution

Hoofddorp, Netherlands, 30 January, 2013 – CEVA Logistics, one of the world’s leading supply chain companies, has today launched its enhanced e-fulfillment solution, designed to meet the needs of today’s e-tailers, online consumers and customers with any e-fulfillment requirements.

CEVA has been providing sophisticated e-commerce and e-fulfillment solutions for a number of customers worldwide for some years now, but the dynamic marketplace and increasing amount of online transactions across the world has created ever more complex and specific requirements. In response to this growth, CEVA has enhanced its e-portfolio to provide customers with a globally standardized solution, optimized and streamlined processes and enhanced visibility; all designed to increase end consumer satisfaction and enhance their experience of CEVA’s customers brands. Michael McCabe, Vice President of Operations, Bodybuilding.com commented: “CEVA provides operational execution on a global scale and their dedication and management has allowed Bodybuilding.com to move quickly into major emerging markets by providing a holistic solution for all of our supply chain needs.”

Through a modular and scalable approach, the proven CEVA e-fulfillment Solution offers everything from the most basic through to the most sophisticated and complex services at a country, regional and global level. The CEVA Matrix suite of technologies provides enhanced visibility of customer data, sales and returns giving all the information needed to manage an efficient, cost effective supply chain.

Sandro Knecht, CEVA’s Executive Vice President for the global Consumer and Retail sector said: “Our refreshed CEVA e-fulfillment Solution is exactly right for companies looking to gain greater control of, and flexibility within, their supply chain. Our e-commerce solutions have existed for a number of years and our quest for continuous improvement means we are always looking for opportunities to enhance. We already know these solutions work and drive value for our customers and their end consumers; by refining and improving this supply chain solution we are confident that we can drive further cost savings and efficiencies wherever this solution is deployed.”

“Through our CEVA Matrix suite of technology solutions we are able to deploy and replicate the same solution in locations across the world and provide our customers with total visibility and control of their supply chain,” added Sandro.

The CEVA e-fulfillment Solution has proven to reduce risk and support companies’ expansion into new geographical markets and multiple retail channels. To learn more please see our case studies.  

 CEVA:

CEVA Logistics, one of the world’s leading, non-asset based supply chain companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 51,000 employees are dedicated to delivering effective and robust supply chain solutions across a variety of sectors and CEVA applies its operational expertise to provide best-in-class services across its integrated network, with a presence in over 170 countries. For the year ending 31 December 2011, the Group reported revenues of €6.9 billion. For more information, please visit www.cevalogistics.com  

SAFE HARBOR STATEMENT:

This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2012 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. 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 annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. 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. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.