Descartes Named To Top 10 In Branham300; Company Profiled as One of Canada's Top Independent Software Companies.Business Editors WATERLOO, Ontario--(BUSINESS WIRE)--June 6, 2002 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 research conducted by the Branham Group, an international "Go-to-Market" consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , recognized Descartes as one of the top 10 independent software companies in Canada. Prepared by the Branham Group, the Branham300 is considered to be one of the most comprehensive listings of publicly traded and privately held IT companies in Canada. This is the third time Descartes has been named to the Branham 300 but the first time the Company has moved into a top ten position. "This year's Branham300 displayed that despite the economic readjustment re·ad·just tr.v. re·ad·just·ed, re·ad·just·ing, re·ad·justs To adjust or arrange again. re in 2001, many Canadian information technology companies like Descartes Systems Group were able to demonstrate overall revenue gains and earn a spot in the Branham300," said J.Wayne Gudbranson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Branham Group Inc. Prepared by the Branham Group Inc., the Branham300 ranks Canada's top privately and publicly held companies. The companies are identified after rigorous surveying and researching over 1,500 organizations. Now in its ninth year, the Branham300 has become a strong indicator of the health of the Canadian Information Technology industry. About Branham Group Inc. (www.branhamgroup.com) Branham Group Inc. is a leading international "Go-to-Market" consulting firm with a proven formula for helping information technology companies achieve market success. Branham conducts work not only in Canada, but also in the United States, Europe, Latin America and Asia, providing the firm with a global market perspective. Branham assists companies in the three critical areas to improve business performance - Planning, Marketing and Partnering. Please visit their website at: www.branhamgroup.com About Descartes: The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG) is a trusted provider of logistics management technology. In over 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. Statements in this release include forward-looking statements relating to market size, market share and market outlook made under the 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. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements include statements regarding Descartes' market share of the Canadian independent software market. These statements were not made by Descartes and are neither promises nor guarantees, but involve risks and uncertainties that may cause actual market share and market size results to differ. In particular, projections of market growth may not materialize, competitors may introduce solutions that erode Descartes' market share and customer preferences may change. For further information regarding risks and uncertainties associated with Descartes' business, please refer to Descartes' 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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