Solution Supports Compliance With EU Import Control System (ICS) Regulations in 22 Countries
WATERLOO, Ontario, April 13, 2011 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX) announced that Odfjell Tankers AS has selected Descartes' Global Filer to manage its import customs security filings for the European Union (EU) regulations on Import Control System (ICS) advanced entry summary declarations.
Global Filer is part of Descartes' Global Trade Compliance suite which offers a broad range of solutions that help prepare organizations to meet current and long-term compliance mandates. Global Filer enables collaboration between multiple parties to address customs security filing requirements across different modes of transport and for multiple EU countries.
Odfjell Tankers AS, a commercial operator of chemical tankers, selected Descartes' Global Filer to support compliance with European safety and security regulations in 22 EU member states and to centrally manage customs operations from its European logistics hub in Rotterdam, the Netherlands. Global Filer offers several features that help improve overall efficiency:
- A single point-of-access and dashboard to manage data entry and filing requirements for security filings to and from its European ports;
- Integration capabilities with back-office systems, optimizing data entry efforts, allowing for re-use of data and significantly reducing the risk or error; and
- One solution, as opposed to different applications, to cover multi-country requirements, allowing for a more efficient adoption of resources and time.
"We selected Descartes because they are one of the leaders in the Global Trade Compliance industry," said Peder Arnesen, Project Manager at Odfjell Tankers AS. "Descartes impressed us with its in-depth understanding of our business and the complexity of the EU customs environment."
"Developing supply chain business applications and keeping them real-time with the complexities of new standards and protocols in EU member states is a continuous process. Descartes' Global Filer solution addresses these fast evolving and sophisticated requirements to assist companies such as Odfjell Tankers AS in optimizing its customs operations and complying with EU regulations," said Cindy Yamamoto, Senior Vice President of Trade Compliance at Descartes.
Descartes' Global Filer leverages the power of Descartes' Global Logistics Network (GLN). The GLN enables global organizations to connect to their trading partners and regulatory organizations and reliably exchange information to increase performance and drive high levels of customer satisfaction.
About Descartes
Descartes (TSX:DSG) (Nasdaq:DSGX) is a premier provider of Global Trade Compliance, Supply Chain Execution and Mobile Resource Management services. Descartes' Global Logistics Network (GLN) unites global businesses and trading partners, allowing them to collaborate in a cost effective way and maximize productivity and efficiency. Trading partners that connect to the GLN join Descartes' Federated Network, the world's most extensive multi-modal business network with over 35,000 trading partners connected, including ground carriers, airlines, ocean carriers, freight forwarders, third-party providers of logistics services customs house brokers, freight payment agencies, manufacturers, retailers, distributors, mobile services providers and regulatory agencies. Descartes is headquartered in Waterloo, Ontario, Canada and has offices in North America, EMEA and Asia-Pacific. More information and industry updates are available at http:// and .
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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; 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: Media contact Gena Fiegel Descartes Systems Group +1 305-890-7087 gfiegel@descartes.com
