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Itasca, Ill., September 21, 2009

Tim Fortier Named IFS North America Vice President of Sales

IFS, the global enterprise applications company, has announced that Tim Fortier has joined the company as the Vice President of Sales. He will be working from the IFS North American headquarters in Itasca, Ill.

Fortier brings to IFS almost 20 years of progressive sales and management experience within the software industry. Fortier’s experience has included other enterprise resource planning (ERP) companies such as J.D. Edwards, PeopleSoft, AFS Technologies and most recently Borland Software.

He holds a master of business administration (MBA), majoring in management and finance, from Keller Graduate School of Management, and a bachelor‘s degree in computer science from Purdue University.

“Tim’s role in sales is important to our continued growth strategy,” IFS North America President and CEO Cindy Jaudon said. “In June we reported improved EBIT and strongest cash flow to date, and Tim’s deep industry knowledge and commitment to help prospective customers find business value in IFS Applications will help to continue this sales growth and ensure further success.”

 

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in more than 50 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2008 was $383 million.

For additional information, contact:

Chuck Rathmann, IFS North America
Phone: +1 262 317 7419
E-mail: chuck.rathmann@ifsna.com

Kristy Mills, IFS North America
Phone: +1 262 317 7476
E-mail: kristy.mills@ifsna.com

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