Cargolux Selects Descartes Systems Group; Communicating With Forwarders Globally on the Descartes Global Logistics Services Network.Business Editors/High-Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--April 14, 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 Cargolux Airlines International, a leading provider of global cargo services, has selected logistics connectivity solutions from DSG-Tradevision, a Descartes subsidiary, to manage part of its global communications with freight forwarders An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. over the Descartes Global Logistics Services Network(TM) (GLSN). As the communications bridge for Cargolux and its extensive list of global forwarders, the GLSN will play an important role in ensuring the seamless flow of logistics-related information about cargo in transit helping to drive superior customer service levels and delivery performance. Used by nine of the top 15 cargo airlines in the world, the GLSN is setting the standard for air messaging connectivity enabling trading partners with different business practices and technologies to communicate. "Ensuring our customers receive flawless and reliable service demands working with a provider that we can trust," said John Johnston
"As a dynamic, globally-focused organization, Cargolux requires solutions that enable them to deliver superior services to their customers," said Manuel Pietra, Descartes' co-chief executive officer and president. "Our logistics connectivity solution for air messaging will enable Cargolux to connect with forwarders and effortlessly exchange information to drive high levels of customer satisfaction and delivery performance." About the GLSN As a global connectivity infrastructure, the GLSN reduces complexity and increases efficiency in communicating critical, real-time business information between and among trading partners with intersecting in·ter·sect v. in·ter·sect·ed, in·ter·sect·ing, in·ter·sects v.tr. 1. To cut across or through: The path intersects the park. 2. supply chains. With over 6,000 connected companies worldwide, the GLSN also acts as an enabler for Descartes' network-based applications. About Cargolux Cargolux Airlines International S.A. with head office in Luxembourg, is Europe's largest all-cargo airline, operating a modern fleet of 12 B747-400 freighters on a world-wide network, with a 13th B747-400F on order for delivery in the second quarter of 2004, covering more than 90 worldwide destinations, over 50 of which are served on scheduled all-cargo flights. The company has 85 offices in over 50 countries and also offers an extensive trucking network to more than 50 destinations in Europe and the US, as well as charter and aircraft maintenance services. Cargolux employs a staff of 1342 worldwide. About Descartes The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG) is a trusted provider of logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet 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 there·from adv. From that place, time, or thing. Adv. 1. therefrom - from that circumstance or source; "atomic formulas and all compounds thence constructible"- W.V. and Descartes' competitive position and other matters that may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. . |
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