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Autoliv Selects GeoLogistics to Manage Logistics Program for North American Division

7 April 2000

Autoliv Selects GeoLogistics to Manage Logistics Program for North American Division

    SANTA ANA, Calif.--April 7, 2000--The world's largest airbag maker has selected GeoLogistics Corporation to manage the global logistics activities of the airbag components it manufactures in North America.
    Autoliv Inc. , the Swedish-based developer and manufacturer of automotive safety systems, uses GeoLogistics to handle all aspects of international transportation and distribution for these sensitive components from its North American plants, to the numerous end users throughout Europe.
    "We have very exacting standards in every aspect of our company, from our products to our logistics requirements," explains Terry Zost, Manager of Logistics Services of Autoliv. "GeoLogistics helps us to meet those needs and continue to deliver superior products and performance to our customers, the world's leading automobile manufacturers."
    "We're pleased to have this opportunity to help Autoliv's ASP group to meet the needs of their automaker customers throughout Europe," says Bob Arovas, President and Chief Executive Officer of GeoLogistics Corporation. "Meeting the crucial deadlines of a JIT manufacturing environment and going the extra mile for our customer are the types of performance we're known for."

    GeoVista Strengthens Autoliv's Inventory Management Abilities

    "In order to deliver the superior service Autoliv's customers expect, Autoliv must have immediate access to their global inventory during each phase of the logistics process," explains Mark Brodie, manager of GeoLogistics' Detroit branch and coordinator of the North American portion of the program. "Our GeoVista service does that. With Internet connectivity and online tracking capability down to the part number, GeoVista enables Autoliv to, for example, reroute inventory in transit to meet the swiftly-changing demands of their customers."

    Autoliv Inc.

    Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. The company has 60 wholly owned subsidiaries and joint ventures with more than 23,000 employees in 29 vehicle-producing countries. In addition, the company has eight technical centers around the world, including 19 test tracks, more than any other automotive safety supplier. Sales in 1999 amounted to close to US $3.8 billion and net income was US $200 million. The company's shares are listed on the New York Stock Exchange , its Swedish Depository Receipts on the Stockholm Stock Exchange (SSE:ALIV) and its stock options on the Chicago Board Options Exchange (CBOE:ALV).

    GeoLogistics Corporation

    GeoLogistics Corporation is one of the largest, non-asset based global logistics providers headquartered in North America, with $1.5 billion in annual revenues. The Company has nearly 1,000 service centers in 140 countries. Global logistics services include freight forwarding and customs brokerage, warehousing, time-definite distribution and other value-added services, including consulting and supply chain management. More information may be obtained at the Company's Web site at www.geo-logistics.com.