CEVA wins Logistics Company of the Year for fifth time in Italy, CEVA Logistics

CEVA wins Logistics Company of the Year for fifth time in Italy.

Milan, Italy, 14 January 2015 –CEVA Logistics, one of the world's leading supply chain companies, has been named Logistics Company of the Year in Italy for the fifth time by Assologistica, the leading Italian association of logistics companies. This year's award was given in recognition of CEVA's TechCity - a logistics hub dedicated to the warehousing, handling and cross-docking of products for the electronics sector - which was opened in June 2014. TechCity covers an area of 90,000 sq m and is strategically-located in Pognano, in the province of Bergamo. Thanks to its location at the heart of CEVA's integrated European logistics network, TechCity provides access not just to the whole of Italy, but also to all other major markets throughout Europe. The Assologistica awards, considered the most prestigious logistics accolades in Italy, are organized annually, and are now in their tenth year. With this latest award, CEVA in Italy has been crowned Logistics Company of the Year five years in a row. In 2010 it received the award for its City of Books facility, in 2011 for the Milan Control Tower, in 2012 for its Airport Project and in 2013 for its City of Pharma. Vittorio Consonni, CEVAs Technology Sales Manager, Italy, said: "It is an honor to receive the Logistics Company of the Year Award for CEVA's TechCity.

TechCity is an innovative and strategic logistics solution dedicated to electronics companies; by bringing producers' and retailers' warehousing and information systems together under one roof, it enables them to rationalise inbound cargo flows, achieving significant economies of scale and enhanced standards of service for customers". Adds Emanuele Puglia, CEVA's Sales Manager, Consumer & Retail, Italy: "TechCity is the third of CEVA's sector-focused multi-user hubs - sharing infrastructures, networks, people and processes. In the near future, CEVA in Italy intends to implement this strategic approach to further sectors, in order to replicate the benefits of this innovation." For more information, please contact: Emiliano Taccini, Marketing & Communications Manager, CEVA, Italy emiliano.taccini@cevalogistics.com +39 02 89230 571. Pilot Marketing Derek Jones dj@pilotmarketing.co.uk +44 20 8941 5381. 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 44,000 employees in more than 170 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network.

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 2014 and beyond, 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.