Wednesday, April 21, 2010

UK Royal Navy selects IFS for Maintenance Management services and Applications Hosting

IFS, the global enterprise applications company, announced that the UK Royal Navy has selected IFS Defence to provide support and application hosting for the UK MoD Navy primary Maintenance Management System, (UMMS). The contract outlines plans and options to procure services for up to five years, totaling up to £7.9m.

The UK Royal Navy uses UMMS as the primary onboard maintenance management and scheduling tool for all major surface and subsurface vessels; it is also being deployed across the Royal Fleet Auxiliary.

This product was acquired by IFS Defence through acquisition of ISC Ltd in July 2007. The service will commence in April 2010.

Aerospace and defense is one of IFS’ targeted market segments. IFS Applications includes advanced standard functionality that meets the demanding requirements of the armed forces. IFS’ fully integrated MRO, performance-based logistics (PBL), project management, fleet management, supply chain management, and other IFS Applications components help to ensure asset visibility, sustainment, and availability—three key objectives in managing weapons systems for optimal combat readiness. IFS also provides an industry-specific solution for defense manufacturers that helps companies manage the design, manufacturing, and ongoing spare parts logistics and maintenance support of complex products throughout the product lifecycle.

IFS customers within the aerospace and defense industry include the United States, British and Norwegian defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab Aerosystems, and GE Aircraft Engines.

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 agile businesses 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 more than 50 countries with 2,700 employees in total. Net revenue in 2009 was SKr 2.6 billion.The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 21, 2010, at 7:45 a.m.

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer