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Linköping, December 19, 2006

Biella Group strengthens pan-European business processes with IFS Applications 7

IFS, the global enterprise applications company, announced today that Biella Group AG has signed a contract to implement IFS Applications™ 7 business software. IFS software will support Switzerland’s biggest manufacturer of office supplies at its headquarters in Switzerland as well as subsidiaries in central and eastern Europe. Biella Group plans to consolidate its systems for greater transparency across Europe, increase internal efficiency and improve competitive agility.

The Biella Group operates as a developer, producer and distributor of office, school and time management products. Within Biella Group the following IFS Applications 7 components will be applied: Financials, Distribution, Manufacturing, Human Resources, Sales and Service, Business Modeler, Document Management, Quality Management.

IFS Applications will be implemented in Switzerland, Austria, Poland, Netherlands, Hungary, Germany, Czech Republic, Slovakia and Croatia. The step-by-step implementation will start in January 2007, and the first go-live is scheduled for completion end of 2007.

“The reasons why Biella chose IFS were clear. IFS could ensure a high coverage of our process requirements,” said Leo Dürmoser, IT Manager, Biella Group. “Additional arguments were their international presence, good solutions for inter-company functions and the modular, component-based system architecture incorporating proven state-of-the-art standards.”

“The assignment by the Biella Group is a significant customer win which underlines our performance in this sector,” said Peter Hoehne, Director Sales and Marketing, at IFS. “Beside the complexity of Biella’s business processes, our ERP system scored with mature components and our expertise within production and trade. The SOA/component-based architecture of our solution and the agility it enables was certainly a strong argument for our capabilities compared with our competitors.”

IFS has a broad customer base in this industry, focusing on medium-size to large manufacturers which 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 support, IFS’ business solution is 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 plastic products. 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.

About IFS

IFS (OMXS: IFS), the global enterprise applications company, provides solutions that 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 pioneered component-based enterprise resources planning (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 20 languages.

IFS has more than 500,000 users across seven key vertical sectors: aerospace & defense, automotive, high-tech, industrial manufacturing, process industries, construction & facilities management, and utilities & telecom. IFS Applications provides extended ERP functionality, including supply chain management (SCM); enterprise asset management (EAM); maintenance, repair, and overhaul (MRO); product lifecycle management (PLM); customer relationship management (CRM); and corporate performance management (CPM) capabilities.

For additional information, contact:

Manni Svensson, IR & PR, Industrial and Financial Systems, IFS AB (publ)
Phone: +46 8 5878 45 00

Rachel Hodgson, LEWIS PR
Phone: +44 (0)207 802 2626
E-mail: rachelh@lewispr.com

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