Sunday, August 19, 2012

Hansol CSN And ATR Korea Select Descartes To Create Federated Logistics Network Of Korean National Interest



Hansol CSN And ATR Korea Select Descartes To Create Federated Logistics Network Of Korean National Interest

Descartes’ DeliveryNet solution will optimize Hansol CSN’s home delivery and third party logistics networks for two of the company’s major divisions: CSClub.com andLogisClub.comCSClub.com is Korea’s largest online shopping mall, commanding approximately 36% market share and carrying over 150,000 SKUs. LogisClub.com isKorea’s largest logistics portal, with an existing network of over 120 forwarders, 1000 member trucks, 14 of its own distribution centers, and existing relationships with most of the major Korean ocean and air carriers. Hansol CSN is part of the diversified Hansol Group, one of the top 11 business groups in Korea, with interests in chemicals, paper, electronics, and telecommunications.ATR Korea intends to provide Descartes’ DeliveryNet solution to major industries in the Korean marketplace. It is forming a consortium to bring major manufacturers, logistics companies, banks and new business entities together into one federated network. Several major companies are expected to join the new ATR Korea consortium, including LG International Corp., a US$54 billion business group with a network extending over 120 countries.“Hansol CSN and ATR Korea plan to build a federated logistics network of national Korean interest, with Descartes providing the infrastructure to optimize logistics processes and extend the reach of Korean businesses and their customers through the Global Logistics Network,” said Aivars Lode, President at Descartes. “The Network together with Descartes’ DeliveryNet solution will accelerate the launch of Korean companies into the global marketplace, creating ever broadening opportunities for global logistics collaboration and new revenue streams.”Hansol Logis Club: http://www.logisclub.com

Major Korean Companies Join Forces to Create Optimized Logistics Network with Descartes’ DeliveryNet Solutions
WATERLOO, ONTARIO, June 1, 2000 — The Descartes Systems Group Inc. (NASDAQ:DSGX), (TSE:DSG), a leading provider of global Internet logistics solutions, announced today that Hansol CSN, owner and operator of Korea’s largest online shopping mall and logistics portal, and ATR Korea, a provider of advanced technologies and resources for logistics, banking, ASPs and networks, intend to work together with Descartes to create a federated network of Korean national interest. Hansol CSN has signed a definitive agreement to license Descartes’ DeliveryNet solution for the creation of this network. ATR Korea has signed a Memorandum of Understanding, moving toward a definitive agreement for their participation in this federated network. Descartes’ DeliveryNet will be licensed on a transaction fee basis. This network will empower Korean industries to extend their logistics infrastructure and market opportunities beyond Koreaand into the global marketplace.
Hansol CSN to Extend Home Delivery and Third Party Logistics Networks
“Descartes is a global leader in e-fulfillment worldwide, with the logistics infrastructure and global logistics connections that can further the success of our home delivery and third party logistics businesses,” said Hong-sik Kim, President and Chief Executive Officer of Hansol CSN. “Descartes’ DeliveryNet solution will allow us to rapidly connect to the many trading partners in our logistics network and strengthen our ability to offer profitable delivery services to our customers. We can also drive greater efficiencies throughout our logistics processes with the ability to monitor, analyze and control logistics activities and conduct paperless transactions between our trading partners and customers.”
ATR Korea to Optimize Logistics for Consortium in Korea
“ATR Korea and Descartes’ Internet logistics solutions will give us the ability to rapidly move goods throughout global and local supply chains, creating greater logistics efficiencies through technology and new revenue streams through collaboration with other companies within the ATR Korea exchange and across the Global Logistics Network,” said D.H. Kang, Senior Vice President, e-Venture Division, LG International Corp. “Descartes’ technology will allow us to optimize the logistics network, rapidly connecting our trading partners and providing global visibility and greater control over logistics.”
“With Descartes’ Internet logistics infrastructure and transportation and logistics solutions, we are offering participants of the ATR Korea exchange the real-time information infrastructure and a set of optimization solutions that will bring value to their logistics processes, including global visibility throughout the supply chain for all trading partners,” said Andrew Youn, President and Chief Executive Officer, ATR Korea. “Descartes will also extend the reach of ATR Korea by providing access to the Global Logistics Network via its Internet logistics infrastructure. This extended reach will create new opportunities for global collaboration, generating new revenue streams and greater geographic coverage for ATR Korea’s customers.”
Major Korean Industries Gain Access to the Global Logistics Network
The Global Logistics Network is a federated community of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals and transportation exchanges. It enables participants to leverage public community connections over a technology-based network while maintaining full control of their own private logistics community. The result is an open, vendor-neutral global e-fulfillment network that provides cost savings and revenue opportunities for businesses that need to manage physical product movement.
Participants that connect to the Global Logistics Network through Descartes’ DeliveryNet solutions can deliver a choice of e-fulfillment services, such as real-time visibility of orders, dynamic route optimization, real-time transportation sourcing, merge-in-transit, online transportation exchange and Internet tools for contracts negotiation and rate checking, and delivery personalization and yield management. Descartes’ DeliveryNet solution together with the Global Logistics Network enables logistics organizations to connect new customers, tap into new markets and rapidly deploy new e-fulfillment service bundles, capturing time-to-market advantages. The Global Logistics Network is designed to produce network effects and global economies of scale for all participants.
About Hansol CSN
Hansol CSN Co., Ltd., is exploring new service markets on the basis of its parent company’s (Hansol Group) state-of-the-art information system and global sales network. Both at home and abroad, the company is providing high value-added services by building covering storage, freight loading and unloading, forwarding and related information. Hansol CSN will embrace new e-commerce and e-service systems to create a distribution and manufacturing system that continually increases customer satisfaction.
Hansol CSN is a leading company in Korean e?commerce. Hansol CSN operates the Hansol CS Club, an Internet shopping mall, and the Hansol Logis Club, a service devoted to domestics, international and cyber-logistics. Hansol CSN’s domestics logistics division covers such tasks as corporate logistics management, a logistics agency, multiple freight shipment, and a joint logistics business among other companies. The international logistics division deals with the importing/exporting of raw materials, collective international freight shipment, a consolidated international air cargo center operation, and an international logistics agent business. The Hansol CS Club boasts the highest number of members in the Korean cyber-shopping industry. The CS Club has ushered in the age of state-of-the-art international shopping in Korea.
The Hansol Logis Club, the first enterprise of its kind to apply the “cyber concept” to the logistics business, has made noteworthy strides of development. Its aim is to achieve a ‘convenient world’ in which people can receive the products and services they want from anywhere in the world just by clicking their PC mouse.
Hansol CS Club: http://www.csclub.com
About ATR Korea
ATR Korea is a provider of advanced technologies and resources for logistics, banking, ASPs, and networks. ATR is creating a leading consortium of major businesses in Korea, including conglomerates, logistics and e?commerce companies.
About Descartes
Descartes is a leading provider of end-to-end logistics solutions that facilitate B2B e-commerce. Descartes' e?fulfillment software and exchange solutions 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 e-fulfillment information infrastructure that provides cost savings and revenue opportunities for businesses that need to manage physical product movement.
Descartes products are licensed today by more than 850 companies in 35 vertical industries in over 50 countries worldwide. For more information about Descartes, visitwww.descartes.com.
All registered and unregistered trademarks mentioned in this release are the property of their respective owners.
This release contains statements that may relate to expected revenue from and transaction volume of Descartes customers, performance of Descartes’ DeliveryNet solutions, market dynamics and other matters that may constitute forward-looking statements that involve risks and uncertainties. The Company's actual results may differ from the results discussed in the forward-looking statements as a result of factors discussed in the section entitled, "Risk Factors" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada.

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