WATERLOO, Ontario, November 29, 2012 - Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that it has been recognized by Waterstone Human Capital, one of Canada’s leading retained executive search firms specializing in recruiting for fit and in cultural assessment, as one of Canada’s 10 Most Admired Mid-Market Corporate Cultures of 2012.
Canada’s 10 Most Admired Corporate Cultures award program recognizes best-in-class Canadian organizations for having a culture that has helped them enhance performance and sustain a competitive advantage. In 2012, ten organizations were recognized as national winners in each of the following four categories:
* Enterprise (revenues above $500 million)
* Mid-Market (revenues over $100 million to $500 million)
* Growth & Small Cap (revenues under $100 million), and
* Broader Public Sector
"Descartes operates with a formalized culture framework called “One Learning Team,” said Art Mesher, Chairman and CEO at Descartes. “This award is a testament to the amazing successes we’ve helped our customers achieve. Being recognized for having one of Canada’s top corporate cultures is a tremendous honour. We thank our customers, employees, shareholders and partners around the world for helping us earn this award."
“We’ve experienced Descartes’ culture first-hand and, like our user group community peers, have seen how Descartes’ culture of service, innovation and customer success as one learning team can enhance the productivity, performance and security of logistics operations,” said Shari Wiseman, Transportation Business Manager at American Hotel Register Company and Descartes’ 2012 Global User Group Steering Committee Chairwoman.
Descartes will receive this award at the 8th Annual Canada’s 10 Awards Gala in Toronto on February 4th, 2013.
About Waterstone Human Capital:
As one of Canada’s leading retained executive search firms specializing in recruiting for fit and in cultural assessment, Waterstone’s search partners are experts at assessing and articulating organizational culture. Helping clients find and keep great people is what Waterstone does best – great people that ‘fit’ the culture, and who ultimately drive organizational performance.
About Descartes:
Descartes (TSX:DSG) (Nasdaq:DSGX) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes' B2B network, the Global Logistics Network, integrates more than 35,000 trading partners to our cloud-based Logistics Technology Platform to unite their businesses in commerce. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multi-modal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at 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.
