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CEVA Logistics launches its biggest Distribution Center in Brazil

26 May 2009 - 15:50 CET

Secure and modern, the new distribution center has capacity of 82,000 m²

São Paulo, Brazil, 26 May 2009 - CEVA Logistics, one of the world's leading supply chain companies, announces the launch of its newest and largest Distribution Center in the city of Louveira, in the state of São Paulo, Brazil. The warehouse is a total 82,000 m² of which 63,000 m² is destined for storage. It features 114 leveling docks with six ramps for express deliveries. It can hold up to 60 thousand pallet of goods with handling capacity of approximately 250 trucks per day.

The building is strategically positioned on the Anhanguera Highway and is set to provide receipt, storage, pick and pack activities and other value add services such as shipping, quality inspection and cross docking. The Distribution Center is expected to create 500 new job positions - 450 direct and 50 indirect - by August 2009.

The new facility is equipped with radiofrequency (RF) technology with data collection and vehicle terminals installed in the fork-lift trucks. This enables mobile control of pallet picking and pallet movements and saves on transport cost and time. Additionally, CEVA has developed cutting edge technology that allows customers to obtain online information about all processes within the center and review operational performance indicators as required.

Aimed at supporting the quality of the provided services, the well being of its employees and the integrity of assets, the warehouse has been designed to meet the standards set by TAPA (Transported Asset Protection Association). TAPA is an international entity that studies the most relevant security threats common to industries and logistics providers, while also driving best market practices.
"We want to offer the best services and the highest degree of reliability to our customers, regardless of their industry", says Giuseppe de Vincenzo, Vice President of CEVA Logistics Brazil. "This new distribution center is equipped for it and shows our flexibility and capacity to develop customized solutions", he concludes.

For more information contact:
Elisandra Casaroti
+55 11 3556-2566
elisandra.casaroti@cevalogistics.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 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.