Descartes Launches Importer Security Filing '10+2'
WATERLOO, Ontario - November 19, 2008- Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, launched its Importer Security Filing (ISF) "10+2" Readiness Program to address pending U.S. filing regulations for imports.
On June 2, 2008, U.S. Customs & Border Protection (CBP) released its draft technical requirements for its Importer Security Filing. This security measure is often referred to as "10+2" because the proposed regulation requires the collection of 10 new data elements from importers or their agents submitted 24 hours prior to vessel departure and two new message sets from ocean carriers within 48 hours of vessel departure. CBP is targeting a release of final specifications later this month.
Descartes ISF Readiness Program is designed to inform, educate and provide first-hand access to importers, customs brokers, carriers, freight forwarders, non-vessel operating common carriers (NVOCCs) and shippers to the Descartes ISF Services. Organizations can visit www.descartes.com/10+2beready to sign up or email [email protected].
For importers, customs brokers, carriers, freight forwarders, NVOCCs and shippers, the Descartes ISF Service offers a comprehensive solution to help them comply with the new regulations. To accommodate customers' varying technical capabilities, Descartes offers options that range from a user-friendly Web solution that permits manual entry of data information to a tightly integrated system-to-system electronic data interchange (EDI) connection. Regardless of the option chosen, Descartes ISF Service submits required data information electronically to CBP and gathers the status of that filing in real-time.
"At Descartes we strive to enhance our Global Logistics Network and help our customers be prepared for new regulations," said Ed Ryan, Executive Vice President, Global Field Operations at Descartes. "Our ISF Readiness Program helps our customers be well-informed and prepared for the new ISF 10+2 regulations."
Descartes offers three different ISF Service delivery options to accommodate varying customer needs:
DESCARTES ISF: This simple web user interface (UI) enables customers to login via the Internet and enter the data required for an ISF filing (5 or 10). This service sends the data directly to CBP and provides a view of the filing status. Customers have the option of receiving the status updates via EDI if they choose. E-alerts can also be used to notify the customers via email if there is a problem with the filing.
DESCARTES ISF - CONNECT: This service enables customers to gather the complete data set for the ISF filing in their own systems for submission to CBP. The service transmits the data for each ISF filing and provides a status of the filing via electronic message for posting in the customer's own system. Transmissions are made via the Descartes Global Logistics Network's secure connection to CBP.
- DESCARTES ISF - PREMIER: This service enables the customers to collect the data needed for the ISF filing from multiple electronic document submissions or parties, including data sources such as a Purchase Order or ASN. Once the data is collected for the partial ISF filing, the customer can complete the remaining required fields and submit the filing to customs via the user interface as needed.
Descartes' ISF Service is a part of the Descartes' Global Logistics Network (GLN) Customs Filing & Compliance suite. The GLN helps automate, manage and streamline the end-to-end shipment process, from source to consumer, with ongoing real-time visibility. Descartes' customs filing and compliance services help companies meet regulatory requirements for international shipments for both international customs agencies and security initiatives.
For more information please visit http://www.descartes.com/10+2.
Descartes (TSX: DSG) (NASDAQ: DSGX), a leading provider of software-as-a-service (SaaS) logistics solutions, is delivering results across the globe today for organizations that operate logistics-intensive businesses. Descartes' logistics management solutions combine a multi-modal network, the Descartes Global Logistics Network, with component-based 'nano' sized applications to provide messaging services between logistics trading partners, shipment management services to help manage third party carriers and private fleet management services for organizations of all sizes. These solutions and services help Descartes' customers reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven and improve pick up and delivery reliability. Our hosted, transactional and packaged solutions deliver repeatable, measurable results and fast time-to-value. Descartes customers include an estimated 1,600 ground carriers and more than 90 airlines, 30 ocean carriers, 900 freight forwarders and third-party providers of logistics services, and hundreds of manufacturers, retailers, distributors, private fleet owners and regulatory agencies. The company has more than 350 employees and is based in Waterloo, Ontario, with operations in Atlanta, Pittsburgh, Minneapolis, Ottawa, Washington DC, Derby, London, Brussels, Stockholm and Shanghai. For more information, visit www.descartes.com.
Descartes Systems Group
1-416-741-2838 ext. 298
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' ability to help customers comply with emerging compliance initiatives 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, changes in the structure or deployment of compliance initiatives and 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.