International Business Systems (IBS) signs SEK 10 m license contract in the US market


International Business Systems (IBS) signs SEK 10 m license contract in the US
market

IBS application software and services chosen to help expand distribution
management for a leading distributor's US, Canadian and Mexican operations.

STOCKHOLM, 22 July, 2009 - International Business Systems (STO: IBS B) the
leading application supplier for wholesale and distribution, today announced a
significant contract with a large American importer and distributor of spare
parts, to deliver business systems to help make inventory, logistics and
distribution processes more effective. The agreement contains a substantial
license fee, of which SEK 10 m that was recognized as part of the second quarter
earnings. 

Further details of this contract will be announced at a later date.

For more information, please contact:
Oskar Ahlberg, Senior Vice President of Communications, IBS AB
Tel: +46-70-244 24 75
oskar.ahlberg@ibs.net

Attachments

07222098.pdf