Descartes Successfully Launches Automated Manifest Service; To Date 45 Companies Sign-Up for the Descartes Automated Manifest Service to Meet the `24 Hour Rule'.Business Editors/High-Tech Writers WATERLOO, Ontario--(BUSINESS WIRE)--March 25, 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 the success of its ocean manifest messaging offering, the Descartes Automated Manifest Service(TM), in addressing the market need for compliance with the U.S. Customs Service Container Security Initiative The Container Security Initiative (CSI) was launched in 2002 by the U.S. Bureau of Customs and Border Protection (CBP), an agency of the Department of Homeland Security. Its purpose was to increase security for container cargo shipped to the United States. (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ) or '24-Hour Rule'. Since Descartes first began offering the solution in December last year, 45 companies have signed up to use the Descartes Automated Manifest Service to meet their ocean manifest messaging needs. "Our customers trust us to recognize global trends early on and respond quickly with solutions. The strength of our ocean manifest messaging offering has attracted several leading companies looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a reliable, trustworthy solution to meet the CSI initiative and it is our goal to continue to help set the standards for the industry," said Manuel Pietra, Descartes' co-chief executive officer and president. "Bringing to market quality solutions that our customers can rely on and that they value to meet their business needs is paramount in the delivery of trusted logistics solutions to the marketplace." Enterprise Line Agencies Ltd., Kasy Logistics, NNR NNR National Nature Reserve (United Kingdom) NNR Neuronal Nicotinic Receptor NNR National Nuclear Regulator (South Africa) NNR National Narcolepsy Registry NNR Neb Neb Revolution AirCargo Service, Sinotrans Express and Top Container Lines, Inc. are a few of the many companies that have selected the Descartes Automated Manifest Service for their operations. Commented Toshiko Sato, Terminal Manager, Top Container Lines, Inc., "Descartes' responsiveness in providing an easy-to-use, ocean messaging solution has enabled us to quickly adapt to the new rules of the U.S. Customs Service. Descartes Automated Manifest Service has played a critical role in ensuring our shipments get through U.S. ports without penalty or delays." Committed to developing solutions that are differentiated and aligned with market opportunities the Descartes Automated Manifest Service leverages Descartes' experience in value-added network services and logistics connectivity. A recognized leader in providing data and rate management services for global cargo shipping, Descartes serves more than 150 non-vessel operating common carriers (NVOCCs), 13 of the top 15 third party logistics (3PL) companies worldwide, and 11 of the top 15 ocean carriers. About the Descartes Automated Manifest Service The Descartes Automated Manifest Service enables trading partners, irrespective of their current systems and sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. of technology, ease of use and messaging services for the CSI initiative. The solution provides a secure and reliable channel for companies to prepare and file manifests electronically with the U.S. Customs Service automated manifest system (AMS AMS - Andrew Message System ). 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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