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CAL joins IATA pharma program

PRESS RELEASE

April 07, 2015: The CAL Group announced today that it has joined IATA's
 Independent Validators Pharmaceutical Logistics (CEIV Pharma) program. Once completed, CAL will be the first group to have a certified pharmaceutical logistics program throughout its logistics hub at Liege Airport.

The program, carried out in cooperation with Liege Airport, begins in April and continues through June, with full certification expected in July 2015.

"Completion of the program will strengthen CAL's position as a leader in the frontline of carriers providing services for the Pharma sector," said Eyal Zagagi, CEO of CAL Group. "We have almost 40 years' experience handling temperature controlled freight and 35% of our cargo business is temperature controlled. The CEIV certification will improve the quality and integrity of our customer's product and the industry as a whole."

"We are excited about CAL's commitment. With the CEIV Pharma program, IATA aims to work closely with industry and regulators to raise the bar and make air freight the mode of choice for the transportation of pharmaceutical products. This will help companies demonstrate the quality of their services and capture new business," said Ronald Schaefer, Project Lead, IATA CEIV Pharma.

The Center of Excellence for Independent Validators Pharmaceutical Logistics (CEIV Pharma) program was developed as a new initiative by IATA to help foster air cargo's competitiveness in this growing segment. CEIV Pharma assesses and validates cool-chain processes and provides training to guarantee that industry stakeholders comply with all applicable standards and regulatory requirements.

Established in 1976, the CAL Group proudly maintains three areas of expertise: (1) CAL Cargo Airlines- an all-cargo airline; (2) LACHS - ground handling services in Liege cargo airport; (3) Trucking services throughout Europe and the USA.

The CAL Group specializes in unique, complex and time and temperature sensitive cargo requirements such as pharmaceutical and healthcare products (CAL PHARMA), live animals (CAL LIVE), non-standard shipments (CAL BIG), dangerous goods (CAL DG) and perishables (CAL FRESH.)
Its main hub, located in Liege, (Belgium), provides immediate accessibility to all of Europe. Services include scheduled routes as well as ad-hoc and charter missions.

CAL is a private company owned by Mr. Offer Gilboa as the controlling shareholder and Viola Credit Fund as a minority shareholder.

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