Damco Selects Savi Networks' Wireless Tracking Service to Improve Visibility and Security of Customer Shipments

By Savi Networks, PRNE
Tuesday, January 19, 2010

MADISON, New Jersey and MOUNTAIN VIEW, California, January 20 - Damco, a world leader in freight forwarding and supply chain management
services, has selected Savi Networks' SaviTrak(TM) wireless tracking
intelligence service to improve the visibility, security and safety of global
container shipments for their customers. Damco will incorporate this
technology into its logistics service offerings to provide real-time,
automated intelligence on the location and status of customer shipments.

(Logo: www.newscom.com/cgi-bin/prnh/20060109/NYM086LOGO)

Leveraging wireless data technologies such as GPS, satellite and GPRS
(cellular), the web-based SaviTrak(TM) service will improve supply chain
execution and management, operational efficiency and the security of
intermodal cargo moved across all modes of transportation, such as truck,
rail, ocean vessel and even air.

"SaviTrak(TM) delivers a value-added tracking service that brings new
levels of automated visibility, security and safety to global shipments,"
said Jens Wessel, vice president of Damco North America. "We're pleased to
offer SaviTrak(TM) to our valued customers to improve operations, performance
and service, as well as deepen supply chain collaboration among our customers
and partners."

Wessel also emphasized SaviTrak's ability to be implemented almost
immediately, its ease-of-use, cost-effectiveness and both quick and long-term
ROI potential.

"We're delighted that Damco, a global logistics leader, entrusts Savi
Networks to help provide automated intelligence most anywhere and anytime on
vital products shipped to all kinds of international destinations," said Neil
Smith
, chief executive officer of Savi Networks.

Savi Networks, www.savinetworks.com, a joint venture between Lockheed
Martin (NYSE: LMT) and Hutchison Port Holdings, was founded to improve the
efficiency and security of global trade. SaviTrak(TM) is an intelligence
service that utilizes reliable wireless shipment monitoring technology to
provide shippers, logistics service providers, and terminal operators with
easily accessible, precise and actionable information.

Damco, www.damco.com, is the new, combined brand of the A.P. Moller -
Maersk Group's logistics activities. Damco offers a broad range of supply
chain management and freight forwarding services to customers all over the
world, and has 10,500 colleagues in 272 offices, covering over 93 countries
in Africa, Asia, North America, Europe, Middle East, and Latin America. For
more information, please visit www.damco.com.

Mark Nelson of Savi Networks, +1-650-316-4872, mnelson at SaviNetworks.com, www.twitter.com/savi360; or Faisal Bukhari of Damco, +1-973-514-5236, faisal.bukhari at damco.com

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