08 January, 2007

Leading central and eastern European telecommunications company selects IFS

IFS, the global enterprise applications company, announced today that a leading central and eastern European telecommunications company has signed a contract to use IFS Applications business software in its outsourcing contract with its major client.

IFS software will support the telecommunications company’s customer processes to increase internal efficiency and improve its competitive agility. The central and eastern European telecommunications company is responsible for the information technology infrastructure of its major customer. Within the framework of this agreement, IFS will provide financials and distribution components from IFS Applications that will be used initially by 1,000 users in 9 enterprises.

About IFS and IFS Applications

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

Contact Information

Håkan Gyrulf

Phone: +46 8 58 78 45 00

Contact Håkan Gyrulf

Rachel Hodgson

Phone: +44 (0)207 802 2626

Contact Rachel Hodgson