WATERLOO, ONTARIO, May 6, 2008 (PRIME NEWSWIRE) -- Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, is scheduled to report its first quarter fiscal year 2009 financial results before market open on Thursday, May 29, 2008.
Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 8:00 a.m. EDT on May 29. The company simultaneously will conduct an audio webcast on the Descartes Web site at www.descartes.com/company/investors. Phone conference dial-in or webcast log-in is required approximately 10 minutes beforehand.
Date: May 29, 2008 Time: 8:00 AM ET
Listen via Internet: http://www.shareholder.com/descartes/
Schedule this webcast into MS-Outlook calendar (click open when prompted):http://apps.shareholder.com/PNWOutlook/t.aspx?m=31437&k=B12EBEC7
Telephone: (800) 950-1454 International: (212) 231-2900
Replays of the conference call will be available in two formats and accessible for 24 hours after the call's completion by dialing (800) 558-5253 or +1 (416) 626-4100 and using passcode number 21382174. An archived replay of the webcast will be available at www.descartes.com/company/investors.
Annual Meeting of Shareholders Descartes' annual meeting of shareholders will take place on Thursday, May 29, 2008 at 11:00 a.m. EDT at the offices of Blake, Cassels & Graydon LLP, 199 Bay Street, Suite 2300, Commerce Court West, Toronto, Ontario, Canada.
In addition to the election of directors and the re-appointment of auditors, shareholders will be asked at the meeting to consider and, if thought advisable, approve the continuance, amendment and restatement of Descartes' shareholder rights plan. Details regarding these matters, as well as information for registered and non-registered shareholders on voting at the meeting, may be found in Descartes' management information circular, which has been mailed to Descartes' shareholders and a copy of which is available at the Canadian Securities Administrators' website at www.sedar.com.
About Descartes: 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 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.
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; 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.