WATERLOO, Ontario, July 13, 2010 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a federated global network logistics solutions provider, announced that MOL, a leading multi-modal transport company, has selected Descartes to help manage its container division's European Union (EU) Import Control System (ICS) customs filings.
MOL selected Descartes to help manage import security filings into Belgium, Germany, the Netherlands, United Kingdom, France, Spain and Italy.
With its Global Filer solution, Descartes is working together with leading customers, like MOL, to help its customers and partners be ready to comply with the EU ICS requirements scheduled to be effective in January 2011. The Descartes Global Filer solution is architected to support the 27 EU and other countries around the world that require import security filings.
As of January 1, 2011, the EU Customs Union Security Filing program is scheduled to go live in all 27 member states of the EU. The EU Customs Union Security Filing program was developed in an effort to address the security and automation of trade shipments for imports and exports in and out of the EU. The EU Customs Union is introducing these customs compliance regulations to standardize and automate its customs filings process. EU member states and the community have come together to form the electronic customs multiannual strategic plan (MASP). The goal of this plan is to provide the vision, objectives, strategic framework and milestones towards a paperless environment for customs and trade.
"MOL is leading the way in ensuring that it is prepared for the January 2011 EU ICS mandate. Descartes is in a unique position to help MOL and our other customers manage customs filings globally via a single solution through our Global Filer solution," said Jonathan Wasserman, Senior Vice President, Global Trade Compliance Solutions at Descartes. "We are one of the select vendors working to support organizations with these emerging requirements globally and across modes of transport."
"MOL has sought and found a good partner with a solution designed to help us comply with the new EU regulations. It is important to us at MOL that we offer the best level of service to our customers and we are sure this relationship will help us continue to do this," says Jochen Veldmann, Executive Director Area of MOL Europe BV.
Descartes' Global Filer and Global Trade Compliance services are a part of Descartes' Global Logistics Network (GLN). The GLN provides multi-party collaborative services that allow customers to automate, exchange and manage shipment processes with their trading partners and regulatory agencies. Through the GLN, Descartes provides a comprehensive suite of services for international logistics operations including: air and ocean shipment bookings, contract management and automated freight audit, shipment status visibility and supplier performance reporting.
MOL is one of the world's largest global multimodal transportation companies. Through the integration of all facets of marine shipping and logistics services, MOL provides a seamless transportation network that delivers goods to markets all over the world. Please visit the company's website at www.MOLpower.com
Descartes (TSX:DSG) (Nasdaq:DSGX) is making the world a better place by enabling global organizations with logistics-intensive businesses to save money by improving the productivity and performance of their operations. Underlying Descartes' offerings is the Descartes Global Logistics Network (GLN), one of the world's most extensive multi-modal business application networks. Descartes' regulatory & trade compliance, supply chain execution and mobile resource management solutions provide messaging services between logistics trading partners, shipment management services to help manage third party carriers, global customs filing and compliance services to meet regulatory requirements and private fleet management services for organizations of all sizes. The hosted, transactional and packaged solutions deliver repeatable, measurable results and fast time-to-value. Descartes has over 6,800 customers including ground carriers, airlines, ocean carriers, freight forwarders, third-party providers of logistics services customs house brokers, freight payment agencies, manufacturers, retailers, distributors, mobile services providers and regulatory agencies. The company has more than 500 employees and is based in Waterloo, Ontario, with operations in Amsterdam, Atlanta, Copenhagen, Eindhoven, Gent, Lier, Namestovo, Pittsburgh, Ottawa, Montreal, Miami, Washington DC, Silver Spring, Stockholm, Suzhou, Shanghai, Tokyo, Toronto, and Zilina. For more information, visit www.descartes.com.
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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; Descartes' Global Filer initiative; 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. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. 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.
CONTACT: Descartes Systems Group Media contact: Nicole German 1-416-741-2838 ext. 298 [email protected]
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