Thursday, March 20, 2008

V-ZUG AG on expansion path with IFS Applications

IFS, the global enterprise applications company, has been selected by V-ZUG AG, the Swiss market leader in household appliances, to support integrated processes— from purchasing to after-sales support—and efficiently manage its growing international operations. The value of the contract significantly exceeds one million euro.

V-ZUG AG develops, produces, and sells top-quality innovative kitchen and washing appliances. ZUG appliances are to be found in every second Swiss household, and the company strives to deliver the best and fastest service in the industry. As it says on V-Zug’s website: “The customer is king. And a king cannot be kept waiting”. ZUG will implement IFS Applications components for financials, engineering, distribution, manufacturing, after-sales services, and CRM. The solution will be implemented step by step over four years, with the main license revenues in 2008 and 2009.

Industrial manufacturing is one of IFS’ targeted market segments. IFS has a broad customer base in the industry, focusing on large to medium-sized manufacturers that need support for complex order-driven and mixed-mode manufacturing across the extended enterprise. With strong support for project management, engineering, constraint-based scheduling, product configuration, and after sales, IFS’ component-based business solutions are designed to help companies improve quality, contain costs, and improve their competitive position in manufacturing industry segments such as machinery, defense, fabricated metal products, and plastics.

Industrial manufacturing companies also benefit from IFS’ lifecycle management solution, which goes beyond product lifecycle management (PLM) to provide better integration and management of three critical business areas—products, customers, and resources—throughout their lifecycles. IFS industrial manufacturing customers include Fabcon, Chief Industries, Aeromatic-Fielder, Star Cutter, J&H Machine Tools, Kongskilde, Nolato Group, Bombardier, PartnerTech, Mechanik Center Erlangen, Völkl, and Tour & Andersson.

About IFS

IFS (OMX STO: IFS), the global enterprise applications company, provides ERP solutions which enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage. Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications™, now in its seventh generation, IFS has pioneered component-based ERP software. The 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; manufacturing; process industries; construction, contracting & service management; retail & wholesale distribution and utilities & telecom. IFS Applications provide extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities.

Contact Information

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer

Smith

Phone: 47 404 85 956

Contact Smith