Monday, July 30, 2012

Systra chooses IFS Applications for worldwide project-based operations

IFS, the global enterprise applications company, announces that SYSTRA, a global engineering and consulting company focusing on rail and urban transport, has chosen IFS Applications to support its project-based operations in France and worldwide. The contract includes licenses and services and covers a full enterprise management solution.

Paris-based SYSTRA is a global leader within rail and mass transit transport, providing engineering and consulting services to its customers. In order to maximize global project efficiency and control, the company has decided to invest in an integrated industry solution that ensures real-time access to accurate project data.

“We chose IFS Applications because it was the best fit for our project-based operations,” Pierre VERZAT, President at Systra said. “IFS’s proven track record in our industry, along with its global support capabilities and skilled employees, were also deciding factors for us.”

“We are very pleased to welcome SYSTRA as a customer,” IFS France President Amor Bekrar said. “Project-oriented companies need a holistic solution to obtain real-time control of the project lifecycle. IFS delivers a single and integrated project portfolio management system which covers all of these requirements. The system enables real-time access to accurate project information and comprehensive support for project finance and execution processes for improved business control and increased profitability.”

The implementation will start in September, 2012.

About Systra

SYSTRA was established in 1995. Headquartered in Paris, France, the company provides engineering services in mass transit and rail transport, including transport planning, project management, design, construction supervision, integration testing and maintenance engineering. SYSTRA has approximately 3,400 employees and an annual turnover of EUR 416 million.

More information is available at www.systra.com

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on industries where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion.

More information on IFS is available at www.IFSWORLD.com

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IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on July 30, 2012, at 08:30 a.m. CEST.

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

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Head of IR Frédéric Guigues

Phone: +46 8 58 78 45 00

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