MIAMI, May 21, 2015 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, showcased its latest product innovations designed to help customers improve the agility, productivity, performance and security of their operations.
The Logistics Technology Platform fuses the Descartes Global Logistics Network ("GLN"), the world's most extensive logistics network covering multiple transportation modes, with the industry's broadest array of modular, interoperable web and wireless logistics management solutions. Some of the key innovations announced at Descartes' Global User and Partner Conference this week in Miami included:
Routing, Mobile and Telematics:
- New functionality to address the dynamic landscape for home delivery and omni-channel retailing, including a broader set of mobile capabilities to collect real-time information and automate "last-mile" delivery processes
Transportation Management:
- New functionality that augments integrated multimodal capabilities for managing parcel shipments and dynamic backhaul planning and execution, along with mobile and online portal applications that enhance electronic communication between shippers, carriers and suppliers
Global Trade Content and Compliance:
- Extended functionality to support new regulations and standards for global customs and security filing initiatives, including new tools that leverage global trade data content available over the GLN
Forwarder and Broker Enterprise Systems:
- Improved analytics and business intelligence capabilities, along with enhancements to support new regulatory and industry initiatives around the world
"Descartes' Global User and Partner Conference provides a fantastic forum for our global community of users to learn about the latest innovations available on our Logistics Technology Platform, and to influence what's coming next," said Ken Wood, Executive Vice President of Product Management. "We're excited to be able to share these developments and collaboratively work with our customers and partners to continue to create solutions that address the ever-changing supply chain and logistics landscape."
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes has over 220,000 connected parties using its cloud-based services. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com.
Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes' most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
CONTACT: Descartes Investor Contact
Laurie McCauley
(519) 746-6114 x202358
investor@descartes.com
