Descartes Added to S&P/TSX Composite Index
WATERLOO, Ontario, Dec. 16, 2013 (GLOBE NEWSWIRE) -- Descartes SystemsGroup (Nasdaq:DSGX) (TSX:DSG), the global leader in unitinglogistics-intensive businesses in commerce, announced today that S&PDow Jones Canadian Index Services has confirmed that Descartes will beadded to the S&P/TSX Composite Index effective after the close oftrading on Friday, December 20, 2013."This marks another important milestone for Descartes," said EdwardRyan, Descartes' Chief Executive Officer. "We're extremely pleased tobe included in the S&P/TSX Composite Index and look forward to theincreased visibility and broader market participation that comes withbeing a part of the index."The S&P/TSX Composite Index, managed and calculated by S&P Dow JonesIndices, is the headline index and the principal broad market measurefor the Canadian equity markets.About DescartesDescartes (TSX:DSG) (Nasdaq:DSGX) is the global leader in providingon-demand, software-as-a-service solutions focused on improving theproductivity, performance and security of logistics-intensivebusinesses. Descartes has over 171,000 parties using its cloud basedservices. Customers use our modular, software-as-a-service solutions toroute, schedule, track and measure delivery resources; plan, allocateand execute shipments; rate, audit and pay transportation invoices;file customs and security documents for imports and exports; andcomplete numerous other logistics processes by participating in theworld's largest, collaborative multi-modal logistics community. Ourheadquarters are in Waterloo, Ontario, Canada and we have offices andpartners around the world. Learn more at www.descartes.com.