CEVA obtains important Pharma Authorization for its Ontígola warehouse in Iberia

Madrid, Spain, 2 September, 2014 – CEVA Logistics, one of the world’s leading supply chain companies, has obtained the Warehouse under Contract for Pharmacy Authorization for its multi-user warehouse in Ontigola, Toledo, offered by the Spanish Agency for Medicines and Health Products (AEMPS). CEVA is one of the first logistics providers to obtain this authorization in Spain, for the Ontigola 4,000 sq m operation, demonstrating the company’s ongoing commitment to investment in improving quality and compliance for healthcare customers.   The facility has been upgraded to Good Distribution Practice (GDP)* quality standard, which will include a controlled temperature of 15-25⁰C and a cold area of 2-8⁰C for pharmaceuticals including vaccines. A team of 30 people including a pharmacist will be managing the following services: warehousing, picking, recalls and destruction of pharmaceuticals. At the Ontígola warehouse, CEVA, following its philosophy of continuous improvement, has continued to provide innovations and improvements to quality processes in the conservation of medicines in the thermolabile cold room (2-8ºC) and in the medicine cold room (15-25ºC). The storage service has been optimized, with segregated areas for the conservation of substances and medicines according to their nature, including withdrawn, rejected and returned products. “CEVA is committed to operational excellence and our company culture is aligned to the pharmaceutical ethos which focuses on driving excellence. We are delighted that our professionalism in the healthcare sector has been recognized,” commented Marco Galbusera, Managing Director of CEVA in Iberia. *GDP is a regulation for pharmaceuticals distribution. For more information, contact: Noemí EstesoCEVA, Iberia+34 913 343 154noemi.esteso@cevalogistics.com CEVA - Making business flow CEVA, 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 2013 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.