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CEVA Logistics Honored by Dell as General Procurement Supplier of the Year

    HOUSTON, April 24 /PRNewswire/ -- CEVA Logistics, one of the world's
leading providers of supply chain logistics services, today announced the
company has been named General Procurement Supplier of the Year by Dell
Inc. Joe Bento, President, CEVA Freight Management, recently accepted the
prestigious award on behalf of the company at Dell's 2008 Worldwide
Supply-Partner Conference.

    "We are honored to receive this award from Dell," said Bento. "It is a
tribute to the combined efforts of an outstanding global team committed to
providing quality service, consistent performance and innovative ideas on a
daily basis."

    Each year, Dell's Worldwide Procurement organization reviews thousands
of its global suppliers and recognizes partners that have helped achieve
the company's highly regarded standards for customer service and
efficiencies in supply chain management capabilities. Suppliers are
evaluated on their performance, competitive pricing, quality service,
customer support and proactive solutions.

    "Partnering with suppliers such as CEVA help enable Dell to make
technology more affordable and accessible for our customers," said Martin
Garvin, Senior Vice President, Worldwide Procurement, Dell. "As we continue
to refine our global supply chain, we'll partner with suppliers that can
scale and deliver the quality products and services we'll require to
compete in an ever-changing global market."

    CEVA has partnered with Dell since 1997 when the company was awarded
its first contract to provide domestic airfreight services. Since that time
CEVA has expanded its service capabilities to include transportation and
logistics projects throughout the world. "It is rewarding to see how our
partnership with Dell has grown over the years. Their confidence in our
service confirms our culture of operational excellence and personalized
service is the foundation for a successful customer experience," added
Bento.

    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 euro 6.3 billion. For more information, please visit
http://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.



SOURCE CEVA Logistics




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Related links:
  • http://www.cevalogistics.com
    CONTACT:
    Laura Gorham of CEVA Logistics,
    +1-281-618-3465, Laura.Gorham@cevalogistics.com