
The Descartes Systems Group Inc.
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The news releases contained on Descartes' site are for historical purposes only. Information contained within the releases was believed to be accurate at the time of issue, however, the Company will not and specifically disclaims any duty to update this information.
WATERLOO, ONTARIO, March 8, 2001 — The Descartes Systems Group Inc., (NASDAQ:DSGX), (TSE:DSG), a leading provider of global Internet logistics solutions, announced today the industry’s most comprehensive network-based suite of services to enable efficient collaboration and better management of multi-modal transportation. The B2B Collaborative Logistics Suite of services enables increased efficiencies and control throughout the complete transportation lifecycle for any organization that needs to manage multi-modal freight, including manufacturers and private or public B2B exchanges.
“Descartes provides a single environment to rate, book and track multi-modal shipments, and calculate total landed cost, bringing increased efficiencies to organizations and B2B exchanges that need real-time management of multi-modal transportation,” said Art Mesher, Executive Vice President, Descartes. “This suite of solutions brings a new level of efficiency, collaboration and event management to complex logistics processes.”
The Descartes B2B Collaborative Logistics Suite offers a portfolio of services available in combination or as separate services. Services include:
“Organizations looking for increased efficiencies and to offer value-added services in global transportation management need a solution that handles the full transportation lifecycle, which is the case with Descartes’ new B2B Collaborative Shipping Suite,” said Gordon Hainstock, Director, Business Development, TradeMetals.
“As a provider of second generation exchange technologies and other e-business solutions to mining and metals companies worldwide, TradeMetals sees great value in the global shipping services that Descartes has launched today.”
About Descartes
Descartes is a leading provider of global Internet logistics solutions that facilitate B2B e-commerce. Descartes’ logistics network technology and network-based services enable companies to create high-speed, high-performance fulfillment networks called DeliveryNets. DeliveryNet solutions empower organizations to deliver reliable, responsive customer service in a profitable manner and to create innovative new products and services.
DeliveryNet solutions leverage Descartes’ Internet-based Global Logistics Network, an open, worldwide network of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals, and transportation exchanges. The result is a global logistics community connected to Descartes’ technological infrastructure that provides cost savings and revenue opportunities for businesses that need to manage physical product movement.
For more information about Descartes, visit www.descartes.com.
All registered and unregistered trademarks mentioned in this release are the property of their respective owners.
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This release contains statements that may relate to product functionality, potential benefits derived therefrom, performance of Descartes’ DeliveryNet solutions, and other matters that may constitute forward-looking statements that involve risks and uncertainties. The Company's actual results may differ from the results discussed in the forward-looking statements as a result of factors discussed in the section entitled, "Risk Factors" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada.
Contact Information:
Annette Van Gerwen
Public Relations
Descartes Systems Group
(519) 746-6114 ext. 2208
avangerwen@descartes.com
Chaya Cooperberg
Investor Relations
Descartes Systems Group
(519) 746-6114 ext. 2757
ccooperberg@descartes.com