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Descartes Sells Additional Shares in Public Offering, Underwriters Exercise Over-Allotment Option to Purchase Additional Common Shares.


WATERLOO Waterloo, town, Belgium
Waterloo (vä`tərlō), commune (1991 pop. 27,860), Walloon Brabant prov., central Belgium, near Brussels. The battle of Waterloo (see Waterloo campaign) was fought just south of there on June 18, 1815.
, Ontario--(BUSINESS WIRE)--Feb. 3, 1999--The Descartes System(NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:DSGXF) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:DSG DSG Direct Shift Gearbox (Audi)
DSG Dosage
DSG Deputy Secretary General
DSG Dressing
DSG Designate
DSG Desmoglein
DSG Duke Student Government (Duke University) 
.) The Descartes Systems Group Inc. announced today that the underwriters have exercised their over-allotment option to purchase an additional 375,000 common shares from Descartes Systems and 150,000 common shares from a selling stockholder.

Descartes Systems' common shares began trading on The Nasdaq National Market on January 27, 1999 under the symbol "DSGXF". The Company's common shares are also listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 under the symbol "DSG".

About Descartes Systems

Descartes Systems is a leading provider of inter-enterprise execution solutions for supply chain management. Energy(TM), the Company's product family, can be implemented to manage every phase of the order-to-delivery cycle, and can be integrated with a wide range of business enterprise systems. The Company's solutions are used today by more than 850 companies in 49 countries worldwide. For more information on Descartes Systems, visit http://www.descartes.com.

All trademarks and registered trademarks are the property of their respective owners.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Feb 3, 1999
Words:167
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