Investor Relations

• When was Descartes founded?
• How many employees does Descartes have?
• Where is Descartes corporate office?
• What are the different Descartes solutions?
• Where are Descartes shares traded?
• When did Descartes begin trading on the stock exchanges?
• What have been Descartes’ financing activities to date?
• Can I buy shares directly from Descartes?
• When is Descartes’ Fiscal Year-end?
• How many shares are outstanding?
• What is Descartes official accounting currency?
• Has Descartes split its stock?
• How does Descartes generate revenue?
• How does Descartes recognize revenue?
• Who are Descartes’ auditors?
• How can I obtain a copy of Descartes’ annual and quarterly reports?
• How can I obtain a copy of documents filed by Descartes with Canadian securities commissions and the Securities and Exchange Commission (SEC) in the U.S.?
• Who is Descartes’ transfer agent and how can I reach them?
• How do I obtain or modify information regarding my shareholder account? How can I transfer ownership of my shares?
• If my Descartes share certificate has been lost, stolen or destroyed, how do I arrange to replace it?

1. When was Descartes founded?

Descartes was founded in 1981.

2. How many employees does Descartes have?

Descartes currently has over 330 employees world wide. This number continues to grow as we expand further into the logistics market. For current job openings click here.

3. Where is Descartes corporate office?

Descartes’ headquarters are located at 120 Randall Drive, Waterloo, Ontario, N2V 1C6. See a complete list of Descartes office locations worldwide.

4. What are the different Descartes solutions?

Destails of Descartes’ solution offering can be found here: http://www.descartes.com/company/index.html

5. Where are Descartes shares traded?

Descartes’ shares are listed on the NASDAQ Stock Market (NASDAQ: DSGX) and the Toronto Stock Exchange (TSX: DSG).

6. When did Descartes begin trading on the stock exchanges?

Descartes began trading on the Toronto Stock Exchange in January 1998 and on the NASDAQ in June 1998.

7. What have been Descartes’ recent financing activities?

On April 26, 2007, we closed a bought deal public share offering in Canada that raised gross proceeds of CAD$25.0 million (equivalent to approximately $22.3 million at the time of the transaction) from a sale of 5,000,000 common shares at a price of CAD$5.00 per share. The underwriters also exercised an over-allotment option on April 26, 2007 to purchase an additional 200,000, 400,000 and 150,000 common shares (in aggregate, 15% of the offering) at CAD$5.00 per share from Descartes, Mr. Arthur Mesher (our Chief Executive Officer) and Mr. Edward Ryan (our Executive Vice President, Global Field Operations), respectively. Gross proceeds to us from the exercise of the over-allotment option were CAD$1.0 million (equivalent to approximately $0.9 million at the time of the transaction). In addition, we received an aggregate of approximately CAD$1.1 million (equivalent to approximately $1.0 million at the time of the transaction) in proceeds from Mr. Mesher’s and Mr. Ryan’s exercise of employee stock options to satisfy their respective obligations under the over-allotment option.

8. Can I buy shares directly from Descartes?

Descartes does not sell shares directly. Please contact your broker to purchase shares.

9. When is Descartes’ Fiscal Year-end?

Descartes’ current year, fiscal 2009, will end on January 31, 2009.

10. How many shares are outstanding?

As of April 25, 2008, there were 52,940,327

11. What is Descartes official accounting currency?

Descartes reports its financial results in accordance with US generally accepted accounting principles and in US dollars.

12. Has Descartes split its stock?

No.

13. How does Descartes generate revenue?

Descartes’ revenues consist of services revenues and license revenues. Services revenues are principally comprised of the following: (i) ongoing transactional fees for use of our services and products by our customers, which are recognized as the transactions occur; (ii) professional services revenues from consulting, implementation and training services related to our services and products, which are recognized as the services are performed; and (iii) maintenance, subscription and other related revenues, which include revenues associated with maintenance and support of our services and products, which are recognized ratably over the subscription period. License revenues derive from licenses granted to our customers to use our software products.

14. How does Descartes recognize revenue?

Descartes recognizes revenues in accordance with applicable guidance under US GAAP.

15. Who are Descartes’ auditors?

Deloitte & Touche LLP.

16. How can I obtain a copy of Descartes’ annual and quarterly reports?

Please contact the Corporate Secretary at investor@descartes.com, by phone at 519 746 6114 x2358 or by fax at 519 747 7037.

17. How can I obtain a copy of documents filed by Descartes with Canadian securities commissions and the Securities and Exchange Commission (SEC) in the U.S.?

Documents are available at the following sites: www.edgar.gov and www.sedar.com. Documents can also be obtained from the Corporate Secretary at Please contact the Corporate Secretary at investor@descartes.com, by phone at 519 746 6114 x2358 or by fax at 519 747 7037.

18. Who is Descartes’ transfer agent and how can I reach them?

Computershare Investor Services Inc. is Descartes’ transfer agent and can be reached as follows: Transfer Agents Computershare Investor Services Inc. 100 University Avenue Toronto, Ontario M5J 2Y1 North America: (800) 663-9097 International: (416) 263-9200 Computershare Trust Company 12039 West Alameda Parkway Suite Z-2 Lakewood, Colorado 80228 USA International: (303) 262-0600.

19. How do I obtain or modify information regarding my shareholder account? How can I transfer ownership of my shares?

Please contact the transfer agent as follows: Transfer Agents Computershare Investor Services Inc. 100 University Avenue Toronto, Ontario M5J 2Y1 North America: (800) 663-9097 International: (416) 263-9200 Computershare Trust Company 12039 West Alameda Parkway Suite Z-2 Lakewood, Colorado 80228 USA International: (303) 262-0600.

20. If my Descartes share certificate has been lost, stolen or destroyed, how do I arrange to replace it?

Please contact the transfer agent as follows:

Transfer Agents

Computershare Investor Services Inc.
100 University Avenue
Toronto, Ontario M5J 2Y1
North America: (800) 663-9097
International: (416) 263-9200

Computershare Trust Company
12039 West Alameda Parkway
Suite Z-2 Lakewood, Colorado
80228 USA
International: (303) 262-0600