Global market leaders select Riverwood for supply chain implementation and management

Riverwood Solutions, the innovator in managed supply chain services, announced that three multi-billion dollar global enterprises, all of which are number one in their select markets, engaged Riverwood in the fourth quarter of 2008. In the same quarter, global companies in more than a dozen industries turned to Riverwood for its Hybrid Outsourced Services Team (HOSTSM) model, which enables OEMs to drive a lower total supply chain cost while reducing internal overhead.

"When we looked at implementing a more global supply chain to support Ixia's growth, we chose Riverwood Solutions for their unparalleled expertise and hands-on approach to supply chain development," said Atul Bhatnagar, CEO of Ixia (NASDAQ: XXIA), a leader in IP performance testing. "We are extremely pleased with the value that Riverwood Solutions brings to our operations group."

Riverwood provides companies in a range of industries – from consumer products and Smart Phones, to semiconductors and green technology – with supply chain design, implementation and management services.

"In the fourth quarter of 2008, Riverwood Solutions had more than 25 customer program engagements spanning a broad range of industries in six countries," said Matthew Ryan, CEO of Riverwood Solutions. "The benefits of our original and proprietary HOSTSM model, including reduced supply chain costs and improved responsiveness, clearly resonate with companies large and small."

The first managed services provider to provide a hybrid approach to managing today's complex supply chains, Riverwood enables clients to cost effectively supplement their internal infrastructure with operations and supply chain experts across the U.S. and in low-cost manufacturing centers worldwide.

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