CEVA extends its footprint in New Zealand

Auckland, New Zealand, 14 August, 2012 – CEVA Logistics, one of the world’s leading supply chain management companies, today officially opened its new multi user warehouse complex in Auckland, as part of the company’s commitment to strengthen its international Airfreight, Oceanfreight and Contract Logistics operations in New Zealand. 

The 16,500 sq m complex is strategically located within the Auckland Airport Business District, the largest transport hub in New Zealand, ensuring close proximity to business activity and air service connectivity throughout the country as well as overseas. The district also provides easy access to the Auckland region and is within 35 kilometers of both the Auckland CBD and Port of Auckland.

The complex boasts over 4,000 pallet positions, TAPA level security and a state-of-the-art warehouse management system. With a layout configured for maximum efficiency, this multi user facility is designed to deliver a range of tangible benefits to customers’ supply chains through economies of scale, shared overhead, resources, equipment and best practice processes.

Grant Lowe, CEVA’s New Zealand Country Manager said: “The new facility will enhance our service to existing and prospective customers, while extending the reach of our integrated Freight Management and Contract Logistics service capabilities across both the North and South Islands of New Zealand and into Australia and the Asia Pacific region, which is becoming increasingly important to our customers. Our team in New Zealand is very excited about opening the new office. We have experienced strong growth over the past 12 months and the new facility marks both an important step forward in addressing new market opportunities and reinforcing New Zealand’s strategic importance to CEVA in the region.”

The new Auckland facility boosts CEVA’s footprint in New Zealand, complementing existing facilities in Auckland, Christchurch and Wellington.

The site was officially opened on 9 August, 2012 by CEVA’s Executive Vice President, Australia and New Zealand, Giuseppe De Vincenzo, with Acting CEO of the Auckland Airport Corporation, Simon Robertson.

For more information contact:

David Cliffe, General Manager, Marketing and Communications,CEVA, A&NZ
david.cliffe@cevalogistics.com
+61 3 9931 9959

CEVA - Making business flow
CEVA Logistics, one of the world’s leading non-asset based supply chain management 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 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.