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CEVA wins Hi-Tech award

CEVA named Hi-Tech Logistics Service Provider of the Year at 2009 Asia Pacific Transportation & Logistics Awards

Bangkok, Thailand, 15 October 2009 - CEVA Logistics, a leading global supply chain management company, has been named ‘Hi-Tech Logistics Service Provider of the Year’ for the second consecutive year, for its outstanding performance in the Thai market, at the 2009 Frost & Sullivan ASEAN Transportation and Logistics Awards in Thailand.

CEVA has been involved in the technology sector in Thailand for a number of years, operating a ‘24x7 hrs free zone HUB’ in Ayatthaya Hi-tech park - one of the most prominent industrial parks. From here, CEVA offers integrated logistics services to technology clients with global connectivity. In addition, CEVA has a network across the country linking up key parks, the Ocean Port at Lamchabaeng, and the Suvarnabhumi Airport.

Winfried Kiesbueye, Managing Director of CEVA in Thailand, said: “These awards are particularly important because they are based on feedback from customers. To be selected as ‘Hi-Tech Logistics Service Provider of the Year’ in Thailand demonstrates CEVA’s commitment to providing services that are not only market-leading, but more importantly, they resonate with the needs of our customers.”

The Frost & Sullivan ASEAN Transportation and Logistics Awards is held annually to recognize the outstanding performance of companies in the transportation and logistics industry in South East Asia. Award winners are selected on individual customer satisfaction levels, following in-depth analysis and interviews conducted by Frost & Sullivan with respective customers from short-listed companies.

Frost & Sullivan utilizes its proprietary methodology to determine criteria for both the Award and the Award recipient. The first phase of their research process focuses on key industry challenges. Once these are determined, it is then possible to identify applicable measurements that address the challenges. The next phase, market research, is based on in-depth interviews with vendors, suppliers, and customers. One key criterion for the Award is how well the company addressed each industry challenge.

For media inquiries, please contact:

Spark Communications - CEVA Logistics (Thailand)
Kasama Tipbumrung / Warangkana Paungsiri Tel: +66 - 2653-2717-9
Fax: +66 - 2653-2720

About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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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