Descartes' Customs & Regulatory Compliance Suite Helps Streamline F.H. Kaysing's Import Filing Process
WATERLOO, Ontario, May 7, 2012 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that F. H. Kaysing Company (FHK), a leading United States customs broker, is successfully using Descartes' certified Automated Commercial Environment (ACE) solution to participate in U.S. Customs & Border Protection's (CBP) Simplified Entry Pilot. The Pilot enables participants to file a streamlined data set much earlier in the import process providing greater time to identify security threats.
FHK was one of only nine brokers selected by CBP to participate in the Pilot in December 2011. Pilot participants submit a reduced amount of information consisting of 12 required, and three optional, elements to CBP prior to the arrival of air cargo. This Pilot eliminates the current entry, CBP form 3461, which requires 27 data elements. The Simplified Entry process also provides Pilot participants with the capability to update entry information after the original submission, which was not previously possible. This provides CBP more accurate data and enhances cargo security while simplifying the merchandise release process and reducing costs for the trade.
"FHK is committed to maintaining our distinctive identity as a proven leader in compliance and operational efficiency, and we are pleased to be participating in CBP's Simplified Entry Pilot," said Jeanie Metzen, President of FHK. "We have been using Descartes to file ACE entries since 2009 and recognized the high quality of their solutions and the service. We believe our ongoing positive relationship with Descartes was a key element in our selection for the Pilot and we look forward to continuing to drive innovation in the brokerage industry together."
"Our Customs & Regulatory Compliance suite is built on years of experience working with regulatory authorities and customers," said Cindy Yamamoto, Senior Vice President Product Strategy at Descartes. "We are excited to be working with FHK on this Pilot and pleased that Descartes' Logistics Technology Platform enables the brokerage industry to address a broad spectrum of filing requirements across transportation modes as new regulations evolve."
About F. H. Kaysing Company
F. H. Kaysing Company is dedicated to offering quality service to our clients, while retaining our distinctive identity as a proven leader in compliance and operational efficiency.
Our aim is to deliver value-expected services through progressive methods, and still provide old-fashioned courtesy, coupled with customer service of incomparable value. We strive to continue being recognized as an example of honesty and integrity throughout the industry and remain committed to keeping our clients informed and compliant with the Department of Homeland Security.
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.
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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.