Genistic Selects Descartes To Build Electronic Services Network For The European Transportation Industry

Genistic Selects Descartes To Build Electronic Services Network For The European Transportation Industry

Internet-based Transportation Services Provider Optimizes Logistics Between Shippers And Carriers With Descartes Technology WATERLOO, ONTARIO, April 18, 2001 — The Descartes Systems Group Inc., (Nasdaq:DSGX), (TSE:DSG), a leading provider of global Internet logistics solutions, announced today that Genistic, the electronic services platform of reference for road transportation of freight in Europe, has selected Descartes to build an innovative supply chain connectivity and logistics services network for the European transportation industry. Genistic is backed by GEFCO (group PSA Peugeot Citroën), the total logistics integrator that runs Europe’s largest integrated freight forwarding service and land transport network. Genistic will use Descartes’ e-business infrastructure and connectivity tools to provide road transportation services across Europe and position itself as the preferred partner of Europe’s leading shippers and logistics service providers. By offering Descartes’ collaborative logistics management solutions across their electronic services platform, Genistic will provide customers with visibility of their shipments and enable them to better manage the deployment of strategic business initiatives that are established between shippers and carriers on the network. Genistic’s customers will also benefit from significantly reduced internal costs through progressive automation of select administrative transportation and logistics tasks, logistics tracking, and carrier performance measurement using the Descartes technology. “Following an in-depth analysis of the transportation and logistics technology available on the market, it became apparent that Descartes was the best choice,” said Stan Dembinski, CEO of Genistic. “We selected Descartes based not only on the quality of their existing technology, which is already recognized worldwide throughout the shipping and logistics industry, but also because Descartes is the best suited partner to answer the needs of our customers.” “Genistic is going after the European marketplace with a solid combination of transportation and logistics expertise and Descartes’ world-leading technology as the logistics backbone for its electronic services network,” said Aivars Lode, Group President at Descartes. “Descartes is pleased to be a part of the Genistic initative and looks forward to strengthening the presence of the Descartes Global Logistics Network in Europe with Genistic.” About Genistic Genistic is the electronic services platform of reference for road transportation of freight in Europe. Genistic pairs the supply and demand of load capacities for European players in the shipping and transportation industry. The Genistic solution is the link between shippers and carriers and provides them with the tool to strengthen their business partnerships and reach ever more modern, profitable and efficient logistics. By using innovative technologies, Genistic will be able to offer high value-added services to the European transportation community. Visit www.genistic.com. About Descartes Descartes is a leading provider of global Internet logistics solutions that facilitate B2B e-commerce. Descartes’ logistics network technology and network-based services enable companies to create high-speed, high-performance fulfillment networks called DeliveryNets. DeliveryNet solutions empower organizations to deliver reliable, responsive customer service in a profitable manner and to create innovative new products and services. DeliveryNet solutions leverage Descartes’ Internet-based Global Logistics Network, an open, worldwide network of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals, and transportation exchanges. The result is a global logistics community connected to Descartes’ technological infrastructure that provides cost savings and revenue opportunities for businesses that need to manage physical product movement. Visit www.descartes.com. All registered and unregistered trademarks mentioned in this release are the property of their respective owners