IBS applies for delisting from First North

IBS applies for delisting from First North

The board of directors in IBS AB (publ) (“IBS”) have received a demand
from STG IBS Holding S.a.r.l. to initiate the compulsory acquisition
procedure under the Swedish Companies Act to acquire all remaining IBS
shares. STG IBS Holding owns approximately 95 % of the shares in IBS as
announced on June 29, 2011. The board of directors will, within short,
publish the notice to the shareholders and also send letters to the
shareholders whose addresses are known.

The board of directors have resolved on applying for delisting of the
IBS share of series B on First North. The resolution is based the
limited liquidity in the share, and also that the company does not
fulfil the listing requirements any more as STG IBS Holding holds
approximately 95 % of the shares and have initiated the compulsory
acquisition procedure.

Last day of trading in the IBS share on First North is expected to be in
the end of August 2011, but will finally be determined in cooperation
with First North. When the final day for trading has been determined it
will be communicated to the shareholders through a press release.

IBS AB (publ)

Board of Directors

Certified Adviser is Mangold Fondkommission AB

For more information, please contact:

Christian Paulsson
Acting CEO and COO, IBS AB
Tel: +46 70 211 0010
E-mail: christian.paulsson@ibs.net