STOCKHOLM, Sweden, Sept. 17, 2002 (PRIMEZONE) -- As Magnus Wastenson takes over as new CEO of IBS on 1 October, 2002, parts of the IBS Group Management Team will also be renewed.
Gustaf Lindgren is appointed new VP Sales and Marketing and Per-Arne Sendren new Chief Financial Officer and Head of IR of the IBS Group. Gustaf Lindgren, 49, has previously worked for IBS, but his latest employment was with Manpower Norden. Per-Arne Sendren, 43, has worked as Finance Director of IBS' Swedish subsidiary. His professional career includes employment in a number of companies within the financing and accounting business sectors.
For further information, please contact:
Staffan Ahlberg, CEO, the IBS Group Magnus Wastenson, VP, the IBS Group Tel: +46 (08 627 2420 Tel: +46 (0)8 627 2515 Mobile: +46 (0)70 627 2420 Mobile: +46 (0)70 627 2515 staffan.ahlberg@ibs.se magnus.wastenson@ibs.se
IBS, International Business Systems, is a leading provider of business software for supply chain execution, financials and business intelligence, and customer relations management, primarily for distributors and demand-driven manufacturing companies. IBS' primary focus is mid-sized and large wholesale distributors as well as sales and manufacturing companies in international groups, especially in pharmaceuticals, electronic parts and equipment, automotive parts and supplies, machinery, industrial supplies and consumer durables. IBS is recognised by AMR Research as a leading supplier of supply chain execution software and services. IBS has some 5,000 customers, among them many leading companies like Volvo, Miele, Nautor Swan, Galexis, Ciba Vision, Maxell, ABB, Expert, Cartier and Lear Corporation. The IBS Group has revenues of $260m, approximately 2,200 employees and permanent operations in 22 countries. For more information, please visit www.ibs.se
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