CEVA Logistics Standardizes on SuccessFactors to Drive Business Execution and Improve Operational Performance

AMSTERDAM, The Netherlands, Sept. 13 /PRNewswire/ -- Today, SuccessFactors Inc. (Nasdaq: SFSF) announced that CEVA Logistics, one of the world's leading logistics companies, has deployed SuccessFactors Performance Management and Goal Management to over 4,000 employees, Succession Management to more than 2,000 employees, and 360 Degree Reviews to its management group across the globe to drive business execution. The implementation of 360 Degree Reviews, which took approximately a month and a half from kick-off to deployment, is the latest step in the evolution of CEVA's performance management processes.

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A customer since 2007, CEVA utilizes SuccessFactors' performance and goal management functionality to help ensure that its employees have unambiguous objectives clearly and transparently linked to the company's strategy and goals. SuccessFactors' Succession Management solution allows CEVA to actively identify and develop high potential employees and plan succession to key roles.

CEVA was formed in August 2007 as a result of the merger of TNT Logistics and EGL Eagle Global Logistics. As one of the world's leading logistics companies, CEVA has a global network covering 1,200 locations in 170 countries, employing 46,000 people. CEVA provides end-to-end design, implementation and operational capabilities in freight forwarding, contract logistics, transportation management and distribution management.

"The implementation of SuccessFactors has enabled us to successfully communicate and cascade company objectives, providing our people with a clear line of sight between their own goals and those of the company," said Peter Dew, CIO and group HR director, CEVA Logistics. "SuccessFactors allows our employees, working with their managers, to set and track progress against challenging personal development goals as well as business targets and in introducing 360-degree feedback CEVA has embarked upon the next step of it performance management journey."

Peter Prestele, vice president, EMEA Enterprise Sales, SuccessFactors, commented, "The combined efforts of Performance Management and Goal Management, along with 360 Degree Reviews, is an excellent resource for CEVA and supports their own business goals and strategy of accelerated business execution and employee empowerment."

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.

CEVA - Making Business Flow

CEVA Logistics provides world class supply chain solutions for large and medium-size national and multinational companies across the globe. As an industry leader, CEVA offers customers complete supply chain design and implementation in contract logistics and freight management, alone or in combination. CEVA's integrated global network has facilities in over 170 countries and more than 46,000 employees; all dedicated to delivering consistently excellent operations and supply chain solutions. For the year ending 31 December 2009, the Group reported revenues of 5.5 billion euros. For more information, please visit www.cevalogistics.com

"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs.

These forward-looking statements include statements about product strategy and performance, customer usage, expected benefits and implementation. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: unexpected delays in implementation; unexpected bugs or defects; outages or security breaches; user acceptance levels of the application; or our ability to manage our growth. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.

These documents are or will be available in the SEC Filings section of the Investor Relations section of our website at www.successfactors.com/investor. Information on our website is not part of this release.

About SuccessFactors, Inc.

SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution (BizX) Suite, which is delivered through the cloud, improves business alignment and people performance to drive results for companies of all sizes. Across 168 countries and 34 languages, more than 8 million users and 3,000 companies leverage SuccessFactors every day, up from approximately 300,000 users and 100 companies in 2003. BizX bridges the gap between strategy and success by allowing every person in an organization to execute against their goals better and faster. SuccessFactors' recent acquisitions of Inform Impact and CubeTree supplement SuccessFactors' core BizX strategy with integrated solutions that directly align with SuccessFactors' mission of helping companies get work done by delivering robust business insights and improved collaboration. To learn more, visit: www.successfactors.com  

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SOURCE SuccessFactors, Inc.