IFS signs $6m contract with a European field service company

IFS signs $6m contract with a European field service company

IFS, the global enterprise applications company, has signed a contract with a
major European field service company to implement IFS Applications. More than
2,000 field engineers will use the IFS solution. The value of the contract is US
$ 6 million in licenses and implementation services.

The Construction, Contracting and Service Management industry is one of IFS'
targeted vertical market segments. The company offers a complete and integrated
business solution that manages the entire lifecycle of contracts, projects and
assets. With IFS Applications, companies can support and improve business
processes by collaborating more closely with suppliers, subcontractors,
operators and customers.

IFS Applications includes functionality for contract and project management,
risk management, budgeting and forecasting, resource scheduling and
optimization, installed base management, spare part management, mobile solutions
for field work force, call and case management including SLA, all integrated
with financials, procurement, manufacturing and HR. Existing IFS customers in
the Construction, Contracting and Service Management industry include Hertel,
Debut Services, First Engineering, Doosan Babcock, Grenland Group, Heerema
Fabrication Group, Dalkia, Anticimex, Eltel Networks and Kalmar Industries.

About IFS and IFS Applications
IFS (OMXS: IFS), the global enterprise applications company, provides solutions
which enable organizations to respond quickly to market changes—allowing
resources to be used in a more agile way to achieve better business performance
and competitive advantage.

IFS was founded in 1983 and now has 2,600 employees worldwide. IFS has pioneered
component-based ERP software with IFS Applications, now in its seventh
generation. IFS' component architecture provides solutions that are easier to
implement, run and upgrade. IFS Applications is available in 54 countries in 22
languages. 

IFS has over 600,000 users across seven key vertical sectors: aerospace &
defense; automotive; high-tech; industrial manufacturing; process industries;
construction, contracting & service management and utilities & telecom. IFS
Applications provides extended ERP functionality including customer relationship
management (CRM), supply chain management (SCM), product lifecycle management
(PLM), corporate performance management (CPM), enterprise asset management (EAM)
and maintenance repair and overhaul (MRO) capabilities.

More details can be found at www.IFSWORLD.com.

IFS Applications is a trademark of IFS Industrial and Financial Systems. All
other referenced company or product names are trademarks or registered
trademarks of their respective owners.

For further information, please contact:
For additional information, contact:

Manni Svensson, Investor and Public Relations, IFS
Phone: +46 8 5878 45 00

Christine Murphy, Public Relations, IFS UK Ltd
Phone: +44 1494 428991
christine.murphy@ifs.co.uk