Mr. Edward Ryan reports

DESCARTES ACQUIRES 3GTMS

The Descartes Systems Group Inc. has acquired 3GTMS (3G), a leading provider of transportation management solutions.

Based in the United States, 3G's transportation management solutions combine modern cloud architecture, an expansive carrier network and planning-driven automation to help customers improve costs, customer satisfaction and efficiency. Shippers, third party logistics providers and freight brokers leverage 3G's platform to optimize domestic over-the-road shipments with tools for planning, rating, consolidation and routing that cover the entire shipment life cycle.

"3G's solution footprint for freight in North America is highly complementary, bringing strong domestic transportation management functionality for truckload, less-than-truckload (LTL) and parcel modes," said Andrew Roszko, chief commercial officer at Descartes. "The acquisition also expands our carrier reach in North America, including the addition of a network of API-integrated [application programming interface] LTL carriers. When combined with Descartes's existing transportation management tools and our global logistics network, we see a tremendous opportunity to deliver even more value to our combined customer base."

"Much like Descartes, 3G has been successfully building solutions that connect shippers, carriers and logistics services providers to efficiently digitize and manage the life cycle of shipments," said Edward J. Ryan, Descartes's chief executive officer. "We look forward to working with 3G's team of deep domain experts to bring our products together, and we're thrilled to welcome 3G's partners and customers into the Descartes family."

3G is headquartered in Columbus, Ohio. Descartes acquired 3G for approximately $115-million (U.S.), satisfied from cash on hand. Gibson, Dunn & Crutcher LLP served as legal counsel and Lincoln International LLC served as financial adviser to 3G, while Morgan, Lewis & Bockius LLP served as legal counsel and Centerview Partners LLC served as financial adviser to Descartes.

About The Descartes Systems Group Inc.

Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use the company's modular, software-as-a-service solutions to: route, track, and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest collaborative multimodal logistics community. The company is headquartered in Waterloo, Ont., Canada, and it has offices and partners around the world.

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