CEVA Launches Charter and On Board Courier Services

LONDON, Oct. 12 /PRNewswire-Asia/ -- CEVA Logistics, one of the world's leading supply chain companies, has today launched its newly consolidated Charter and On Board Courier Services around the globe. The new services will include a dedicated Charter and On Board Courier Service giving CEVA customer's access to services in-house all year round.

The launch of these new services will position CEVA as a key partner and market leader for this type of activity with existing and new customers alike. The business has identified the key market segments for Charter and On Board Courier services as being within Aerospace (AOG), Healthcare, Automotive, Technology, and Energy sectors, where the Company already has a strong market presence.

CEVA has established a dedicated team of experts around the world to provide tailored solutions to meet customer requests. Additional benefits to CEVA customers are a centralized OBC Control Tower, access to a variety of sizes of aircrafts globally as well as exclusive agreements with small charter flight operators.

"As a global business, we have recognised the need to provide this type of service to our customers, to complement our existing air freight services," explains Joe Bento, President Americas at CEVA. "We are responsive to our customers needs as this is an area they have identified as something CEVA, as their end to end logistics provider, should be offering to complete our integrated service."

These new CEVA services will range from chartering aircraft ranging from helicopters, a small Cessna up to the huge Antonov 225. An experienced team of On Board Couriers will personally deliver the consignment door to door, as required.

    For enquiries please contact your local CEVA station or the new team
directly:

    Charter:
charters@cevalogistics.com

    On Board Courier:
obc@cevalogistics.com

Telephone: +352 2703579222

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 downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, 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 future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA most recent Annual Reports. 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. 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.

    For more information contact:

     CEVA Logistics press office
     Tel:   +44-20-7413-3070
     Email: cevateam@hillandknowlton.com

SOURCE CEVA Logistics