Press release from GlobeNewswire (a Nasdaq OMX company)
Descartes Announces Election of Directors
Friday, May 31, 2013
Descartes Announces Election of Directors14:30 EDT Friday, May 31, 2013
WATERLOO, Ontario, May 31, 2013 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) announced that the nominees listed in its Management Proxy Circular dated April 30, 2013 were elected as directors of Descartes. Detailed results of the vote for the election of directors held on Thursday, May 30, 2013 in Waterloo at Descartes' Annual Meeting of Shareholders are as follows.
Election of Directors
On a vote by ballot, each of the following 7 nominees proposed by management was elected as a Director of Descartes:
Total Votes FOR
|Dr. Stephen Watt||49,931,314||2,413,645||95.39%|
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 has over 147,000 parties using its cloud based services. 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.
CONTACT: Descartes Investor Contact: Laurie McCauley (519) 746-6114 x2 x202358 firstname.lastname@example.org