Danzas AEI honored for excellence by Singapore trade officials back
Danzas AEI Singapore one of only five international firms to be recognized

Singapore (September 14, 2000) -- Danzas AEI Singapore was chosen by Singapore officials as one of five international companies to receive the "International Trade Award" in recognition of Danzas AEI's outstanding contributions to furthering Singapore's international trade.

The award, presented September 6 at ceremonies in Singapore, honors those companies who have built reputations as excellent global traders and who have demonstrated an ability to adapt to the demands of the new economy. This year, contestants were judged on their innovative use of information technology to help develop international markets.

Senior MP Singapore Mr. Lee Kwan Yew (right) presenting award to Mr. Steven Lee (left).

"Success in the global marketplace will go to companies that are capable of nurturing and exploiting the power of ideas," said Barry Desker, chairman of Singapore's Trade Development Board, which administers the awards. "The award winners represent the role models that we need to drive Singapore's economy in the digital era and the global marketplace."

Launched in 1996, the awards are presented every two years. To be eligible, companies must be financially stable, generate a substantial volume of international trade and be operating in Singapore for no less than three years.

In all, five local and five foreign companies were honored as award recipients. Besides Danzas AEI, BAX Global, DHL International, Cargill International Trading and Motorola Electronics were award-winners in the "Foreign Company" category.

Mr. Steven Lee (left) and Mr. Juergen Jon (right) standing in front of ITA sign.

"We are proud to be among an elite group of firms recognized for excellence by one of the world's great trading nations," said Steven Lee, vice president, Southeast Asia, Danzas AEI. Through the years, Singapore has been one of our strongest markets. We expect Singapore to continue to play a pivotal role in shaping the growth of our company, our industry and of international trade."

Danzas AEI has been the top IATA forwarder in Singapore for the past 11 years. During that time, It has received numerous industry and airline. Danzas AEI Singapore has the largest bonded warehouse facility in the region as well as the largest airport facility in Singapore's Free Trade Zone.

Noting that transportation logistics companies accounted for three of the five "foreign company" award-winners, Lee said, "This not only reflects Singapore's vitality as a global logistics hub, but it recognizes our industry's ability to leverage the skills of our people, technology and infrastructure to build and execute successful business models."

Logistics. Worldwide. With a strong presence on every continent, the Danzas Group is one of the world's leading providers of logistics solutions. Its 38,000 employees worldwide generate annual net sales of CHF 11.5 billion (EUR 7.2 billion, USD 7.6 billion). Danzas is based in Basel, Switzerland, and belongs to the Deutsche Post World Net.

For further information please contact:
Kai Ying Chan
Public Relations Manager Asia Pacific
TL: +65 227 9454
Fax: +65 225 2500
E-mail: kaiying.chan@sg.danzas.com