|
|
Descartes Acquires GeoMicro
GlobeNewswire 2012-01-23
Adds Advanced Geographic Information Systems to Descartes' Logistics
Technology Platform
WATERLOO, Ontario, Jan. 23, 2012 (GLOBE NEWSWIRE) -- Descartes Systems
Group (Nasdaq:DSGX) (TSX:DSG), a global leader in logistics technology,
acquired GeoMicro, Inc., a leading California-based provider of
advanced geographic information systems (GIS) and commercial
turn-by-turn navigation.
GeoMicro's cutting-edge GIS platform enables advanced routing,
navigation, field service, and spatial data business intelligence
solutions. It supports a full range of advanced GIS services, including
high performance map display, geo-location, commercial vehicle route
calculation, spatial data querying, and turn-by-turn navigation
suitable for commercial and hazardous material route use. GeoMicro's
solutions help customers to precisely locate assets and resources in
motion, reduce the cost and time of deliveries, and increase driver
safety & compliance.
"Geographic location is fundamental to logistics and a key element of
many business decisions," said Edward Ryan, Chief Commercial Officer at
Descartes. "By adding GeoMicro's technology and services to our
Logistics Technology Platform, our customers can access the advanced
geographical information processing that is critical to efficient
logistics operations."
Historically, GIS solutions have been used with mobile resource
management applications, such as Descartes' Routing, Mobile, and
Telematics suite, to identify commercial road restrictions and
hazardous material approved routes, and to provide commercial
turn-by-turn navigation. By combining GeoMicro's technology with
Descartes' Logistics Technology Platform, Descartes customers can
leverage GIS technologies in new ways on Descartes' cloud-based Global
Logistics Network, such as to verify addresses or track shipments,
inventory, conveyance units and resources.
"Logistics-intensive businesses face complicated challenges that
require GIS functions to be deeply embedded within the location-based
services their preferred technology partners provide," said Arthur
Mesher, Descartes' Chairman and CEO. "Working closely with customers,
we recognized the need to extend our cloud-based Logistics Technology
Platform's GIS capabilities to provide solutions that not only meet
today's geographic information needs, but also scale to address future
technology opportunities such as crowd-sourced location traffic and
road network services."
About GeoMicro, Inc.
For more information about GeoMicro, Inc, view www.geomicro.com.
About Descartes
Descartes (TSX:DSG) (Nasdaq:DSGX) is the global leader in logistics
technology. If logistics is critical to your business, Descartes
connects the people and technology to put your organization in motion.
We extend the command of logistics operations, helping the world's
largest and most connected logistics community to quickly reduce costs,
improve service and comply with customs and transportation regulations.
Descartes' Logistics Technology Platform uniquely combines the power of
The Global Logistics Network, the world's most extensive multi-modal
network, with the industry's broadest array of modular and
interoperable web and wireless logistics applications. At our core,
Descartes' team of industry-leading logistics experts is dedicated to
delivering innovative solutions while working closely with our
customers to help ensure their success. Descartes is headquartered in
Waterloo, Ontario, Canada and has offices and partners around the
world. Learn more at 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; 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
Mavi Silveira
+1(800) 419-8495 ext. 2416
msilveira@descartes.com
|
|
|