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CEVA Logistics' Wade Thompson wins 2008 Log.Leo Awards prize in the "Innovator of the Year" category

Dubai, December 2008 - CEVA Logistics, a leading global supply chain management company, today announced that its Sales and Marketing Director for the Middle East, Mr. Wade Thompson, has won the 2008 Log.Leo Awards prize in the "Innovator of the Year" category. The prize was awarded to Wade Thompson for the solutions he introduced in the Middle East for the management of the entire logistics chain. The LOG Awards is a key Logistics Industry Awards covering the entire Middle East and Levant areas and was sponsored by Deutsche Messe, one of the biggest trade fair operators in the world. The LEOs, which stand for Logistics, Excellence and Optimization, are regarded as the global benchmark for logistics companies operating in the region.

This important acknowledgement is awarded to managers and companies which stand out for their ability to advance the logistics sector through particularly innovative ideas and technologies, making processes more effective and efficient. The award was hosted by LOG.Middle East, the region's premier publication for the logistics and supply chain industry in celebration of its first anniversary.

"The jury was impressed with Wade Thompson's enthusiasm and passion for his profession. His eagerness to learn from projects around the world, as well as to bring new ideas to the table, made him a leader in the competition for the LOG.LEO Innovator of the Year Award. Mr. Thompson brings glamour and passion to the industry", said Kathryn Semcow of LOG Middle East.

Wade Thompson commented: "It is a great honor for me to be named Innovator of the Year, a prize that reflects CEVA leadership as well as its unwavering commitment to bringing continuous innovation to supply chain management".

"The award appropriately reflects the endless hours Wade Thompson spent on contributing innovative ideas to the Logistics & Supply Chain Management" remarked Shamsudeen Ahmed, Regional Director CEVA Logistics Middle East.

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 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

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.

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CEVA Logistics' Wade Thompson wins 2008 Log.Leo Awards prize in the "Innovator of the Year" category

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