Best Buy Expands Relationship With Descartes Systems Group.Business Editors/High-Tech Writers WATERLOO, Ontario--(BUSINESS WIRE)--April 16, 2003 The Descartes Systems Group Inc., (Nasdaq:DSGX DSGX Dynamic Sound Generator Xtra (Sony) DSGX Dynamic Sound Generator Extra ), (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :DSG DSG Direct Shift Gearbox (Audi) DSG Dosage DSG Deputy Secretary General DSG Dressing DSG Designate DSG Desmoglein DSG Duke Student Government (Duke University) ), a trusted provider of logistics solutions, today announced that leading consumer electronics retailer, Best Buy (NYSE NYSE See: New York Stock Exchange :BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ), has expanded its relationship with Descartes. Best Buy has extended the roll out of Descartes Routing and Scheduling(TM) to include its entire U.S. consumer home delivery operations managing over 1.5 million deliveries annually. Best Buy has been a valued Descartes customer since 2000. Considered to be North America's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances, Best Buy manages all of its routes from its headquarters in Minnesota with Descartes Routing and Scheduling. Big screen TVs, appliances, and other big box items are routed from the retailer's distribution centers and stores to its customers throughout the U.S. Enhanced fleet utilization and lower mileage and operating costs operating costs npl → gastos mpl operacionales are some of the competitive advantages Best Buy gains by using Descartes Routing and Scheduling. The solution helps to balance service levels with cost enabling the retailer to gain greater control over its distribution operations without compromising customer service. "Keeping delivery and distribution costs distribution costs distribute npl → Vertriebskosten pl to a minimum, while maintaining superior customer service, is critical to ensuring our leadership position as a consumer electronics retailer," said Mark O'Brien, vice president of Logistics, Best Buy. "Descartes Routing and Scheduling enables us to reduce costs while continuing to improve delivery service to our customers. It is a trusted solution to our business." "With over a decade of experience providing logistics solutions to leading retailers like Best Buy, Descartes understands the need to go beyond the optimization of routes to synchronize key customer service requirements with the management of delivery resources," said Manuel Pietra, Descartes' co-chief executive officer and president. "With Descartes Routing and Scheduling, Best Buy can continue to strengthen its business and lead the industry." About Descartes Routing and Scheduling Enabling highly efficient sales and territory planning for the fleet user managing "last mile delivery", Descartes Routing and Scheduling connects dispatchers, drivers and customer service for efficient customer response and can be enhanced with the real-time capabilities of wireless. Number one in market share this solution routes thousands of vehicles on a daily basis worldwide. About Best Buy Co., Inc. Minneapolis-based Best Buy Co., Inc. is North America's leading specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company's subsidiaries operate retail stores and/or web sites under the names: Best Buy (BestBuy.com), Future Shop (FutureShop.ca), Geek Squad The Geek Squad is a subsidiary of the Best Buy Company and is based in Richfield, Minnesota [1]. Originally founded in 1994 by Robert Stephens, it offers various computer-related services and accessories for residential and commercial clients. (GeekSquad.com), Magnolia Hi-Fi (MagnoliaHiFi.com), Media Play (MediaPlay.com), Sam Goody Sam Goody is a music and entertainment retailer in the United States and formerly in the United Kingdom. It is owned and operated by Musicland, which itself is owned by former rival Trans World Entertainment which also runs Suncoast Motion Picture Company and, until January 2006, (SamGoody.com) and Suncoast (Suncoast.com). The Company's subsidiaries reach consumers through nearly 1,900 retail stores in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the U.S. Virgin Islands. About Descartes The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG) is a trusted provider of logistics management technology. In more than 60 countries Descartes' leading logistics solutions drive operational efficiency, enhance customer responsiveness and improve precision in purchasing for global organizations. For more information, visit www.descartes.com. All registered and unregistered trademarks mentioned in this release are the property of their respective owners. This release contains statements that relate to Descartes' product and service functionality and performance, potential benefits derived therefrom and Descartes' competitive position and other matters that may constitute forward-looking statements that involve risks and uncertainties. Descartes' 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 The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and other securities commissions across Canada. |
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