WATERLOO, Ontario, Sept. 24, 2008 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced that its long-time customer, SAS Cargo, has joined Descartes' GF-X Exchange to provide an even wider choice of booking channels to its customers.
"Descartes has been our preferred provider for air messaging for almost 20 years so joining Descartes' Global GF-X Exchange is a natural progression in our successful relationship and complements our use of existing Descartes services," said Nils Pries Knudsen, Vice President, Global Sales at SAS Cargo. "We are responding to the interest from freight forwarders in being able to book cargo shipments electronically through this channel as well. This is an integral part of our continuing commitment to improve service, accuracy and efficiency in the air cargo shipment management process."
"SAS Cargo is a major carrier with an established market in air cargo," said Jan Markill, European Director of the Global Logistics Network at Descartes. "Forwarders around the world are demanding more access to booking information and services in real time. With Descartes' GF-X Exchange, SAS Cargo can extend its electronic booking reach to major forwarders throughout Europe and the rest of the world."
SAS Cargo intends to begin enabling bookings on the Descartes GF-X Exchange in Scandinavia this fall.
Descartes GF-X Exchange is one of the largest electronic booking systems in the airfreight industry. Airfreight carriers can distribute real-time product, routing, capacity and rate information to their forwarders worldwide. Airfreight forwarders can access carrier information, make electronic bookings and track shipments via a web browser (no software installation required), 24 hours a day, 7 days a week.
Descartes' GF-X Exchange service is part of the Descartes Global Logistics Network ? (GLN). The GLN enables transportation providers to connect to their trading partners and reliably exchange information to drive delivery performance and high levels of customer satisfaction. With the Descartes GLN, companies can better manage their logistics book-to-bill process, track inventory, meet regulatory requirements, optimize fleet performance, and effectively communicate with their logistics partners.
About SAS Cargo
SAS Cargo fulfills the industry's need for fast and reliable transport solutions based on airfreight to, from and within Scandinavia. SAS Cargo Group A/S is an independent company 100% owned by the SAS Group. SAS Cargo's revenue in 2007 was 3.336 MSEK. SAS Cargo employs 1.350 people within Scandinavia and 130 outside Scandinavia. SAS Cargo Group's revenue comes primarily from transportation of airfreight and mail from airport to airport and from the handling of air cargo for other airlines at SAS Cargo's terminals in Scandinavia. For more information, visit us at www.sascargo.com.
Descartes (Nasdaq:DSGX) (TSX:DSG), 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 300 employees and is based in Waterloo, Ontario, with operations in Atlanta, Pittsburgh, Minneapolis, Ottawa, Washington DC, Derby, London, Stockholm, Shanghai, Singapore and Melbourne. 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; the range of services that Descartes will provide to SAS; 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 Nicole German 1-416-741-2838 ext. 298 [email protected]
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