Descartes Customers Leading the Way With '10+2' Importer Security Filing Success
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ATLANTA, March 24, 2009 (GLOBE NEWSWIRE) -- Descartes Evolution 2009 User Group
Conference -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global
on-demand software-as-a-service (SaaS) logistics solutions provider, announced
that its more than 200 Importer Security Filing (ISF) "10+2" customers are
making the new filing with U.S. Customs & Border Security (CBP) at an accuracy
rate close to 99% - significantly higher than the overall rate of approximately
85% recently reported by CBP.
These results were announced by Descartes' ISF "10+2" working group, a customer
subcommittee of Descartes' Customs Advisory Council. This working group was
formed in response to CBP's new ISF "10+2" rule that requires importers to
provide CBP with 10 data elements about ocean shipments inbound to the U.S. at
least 24 hours prior to vessel departure, and ocean carriers to provide 2 data
messages at least 48 hours prior to vessel departure.
Descartes' ISF "10+2" customer working group works with Descartes to enrich the
Descartes ISF service, offer industry insight into adoption and roll-out, and
communicate with government representatives to better understand and normalize
compliance requirements for smoother adoption.
The Descartes ISF Service offers importers, customs brokers, carriers, freight
forwarders, NVOCCs and shippers a comprehensive solution to help them make the
new ISF filing. 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
streamlining the process and ultimately improving productivity and ensuring
compliance.
"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 customers have come
together with Descartes through this "10+2" working group to standardize
business processes and ensure that we deliver solutions to improve their ability
to manage shipments while complying with this and future regulations."
About 2009 Descartes Global User Conference
On March 24, 25 and 26, 2009, Descartes will host its Global User Conference and
Global Logistics and Customs Advisory Council meetings in Atlanta, Georgia.
Details on the events can be found at http://www.descartes.com/usergroup. The
primary sponsors for the event are Xata, Avocus Group, BSM Wireless, CombineNet,
Intermec, Motorola, Navteq, NationLink Wireless, SMC3, TeleAtlas, Telogis,
Turnpike Global Technologies, and Viewnyx. Descartes customers speaking at the
event include the Vice President of Engineering at DHL Express, as well as
spokespersons from CVS/Pharmacy, Delta Cargo, The Home Depot, Ideal Supply,
Panalpina and others. Samuel Banks, Executive Vice President of Sandler & Travis
Trade Advisory Services and retired Deputy Commissioner of U.S. Customs will
also be speaking at the event covering key issues and strategic global trends
for international trade, customs and public health/safety agencies.
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) 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 applications network. As a federated
software-as-a-service (SaaS) platform, the Descartes GLN combines 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. Descartes' solutions and services deliver results by enabling
organizations around the world to reduce administrative costs, billing cycles,
fleet size, contract carrier costs, and mileage driven; improve pick up and
delivery reliability; and optimize working capital through fleet visibility.
Descartes' 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, Ottawa, Montreal,
Miami, Minneapolis, Washington DC, Derby, London, Stockholm, Shanghai, and
Toronto. For more information, visit www.descartes.com.
The Descartes Systems Group logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4065
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.
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CONTACT: Descartes Systems Group
Media Contact
Nicole German
1-416-741-2838 ext. 298
ngerman@descartes.com
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