British Airways World Cargo Signs Three-Year Deal with Descartes.WATERLOO, Ontario Coordinates: Waterloo is a city in Ontario, Canada. It is the smallest of the three cities in the Regional Municipality of Waterloo, and is adjacent to the larger city of Kitchener. -- Descartes' global messaging gateway Hardware and/or software that converts one messaging protocol to another. It provides an interface between two store and forward nodes, or message transfer agents (MTAs). See messaging middleware. solutions help companies standardize business processes 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 leading provider of technology solutions for distribution and logistics sensitive organizations, today announced that British Airways World Cargo (BAWC BAWC Broward Anti-War Coalition (Fort Lauderdale, Florida) BAWC Bored At Work Crew (World of Warcraft forums) BAWC Basic Air Warfare Course (Royal Air Force) BAWC But At What Cost? ), one of the world's largest air cargo carriers Air Cargo Carriers is a cargo airline based in Milwaukee, Wisconsin, USA. It was established in 1986 and operates feeder cargo services for major express carriers in Canada, the Caribbean and the USA. Air Cargo Carriers, Inc. , has signed a three-year global electronic messaging gateway deal with Descartes. The deal is an extension of an existing long-term relationship between the companies and appoints Descartes as BAWC's preferred provider of global air cargo messaging services between freight forwarders and BAWC. The messaging services will be through Descartes' TradeVision Cargo Community System (CCS (1) (Common Channel Signaling) A communications system in which one channel is used for signaling and different channels are used for voice/data transmission. Signaling System 7 (SS7) is a CCS system, also known as CCS7. See SS7. ). "We are extremely happy with the signing of a new contract between our companies. We have used Descartes' TradeVision CCS in both Europe and North America for more than 10 years and this extension is the result of that fruitful and long-term relationship," said Philip Jones, BAWC Information Systems Manager. "Our global messaging gateway offering also helps BAWC interface with the new United States Customs Air Automated Manifest System initiative. We are excited that BAWC has signed for three more years as this represents a strong commitment between our two companies," said Art Mesher, Descartes' Chief Executive Officer. Descartes' air cargo products include the TradeVision CCS, one of the leading networks exchanging electronic air cargo documents, bookings and status information. Descartes' TradeVision CCS is used by more than 100 major airlines and in excess of 5,000 freight forwarders' offices throughout the world. Other Descartes air cargo products include: - Trading partner connection services; - Cargo 2000 compliance solution; and - Logiman, an air cargo visibility product that helps airlines, freight forwarders and their customers track shipments. About British Airways World Cargo British Airways World Cargo is one of the top ten leading cargo airlines in the world. It carries freight, mail, and courier shipments across a global network spanning nearly 200 destinations in over 80 countries. About Descartes The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG) is a leading provider of technology solutions for distribution and logistics sensitive organizations. By enabling companies to efficiently and effectively manage the delivery of goods, Descartes' products and services help reduce costs, save time and enhance customer satisfaction. Descartes delivers trading partner connectivity and document exchange, route planning, wireless dispatch, inventory and asset visibility, transportation management and warehouse optimization solutions for industries such as retail, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , manufacturing, transportation, distribution and third-party logistics. These solutions help customers optimize and gain real-time control of their inventory, logistics assets and mobile workforce. Descartes' products and services are used by more than 2,500 customers in over 60 countries. For more information, visit www.descartes.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains forward-looking statements that relate to Descartes' product and service functionality and performance, potential benefits derived therefrom, customer relationships and potential benefits therefrom, Descartes' competitive position and other matters that may constitute forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Descartes to differ materially from the anticipated results, performance or achievements implied by such forward-looking statements. Such factors include, but are not limited to, the premature termination of Descartes' agreement with BAWC, changes in customs regulations and the 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. The Descartes Systems Group Inc. (TSX:DSG) (NASDAQ:DSGX) |
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