IBS' interim report for the period January-March 2004

Improved profits for IBS


STOCKHOLM, Sweden, April 29, 2004 (PRIMEZONE) -- Interim Report January - March 2004



 . Profit after financial items amounted to SEK 8m (1m)
 . Net profit was SEK 4m (-1m)
 . Net profit per share amounted to SEK 0.05 (-0.01)
 . Total revenue remained unchanged compared with the previous
   year and amounted to SEK 582m (582m), whereas operating costs
   decreased by 3%
 . Extended business co-operation with IBM will give increased
   global market coverage
 . The year end forecast of an improved result after financial
   items remains unchanged

Questions concerning this report will be answered by: CEO Magnus Wastenson tel. +46 (0)70 627 2515, magnus.wastenson@ibs.net or CFO Per-Arne Sendren, tel. +46 (0)70 627 2360, per-arne.sendren@ibs.net or Director Corporate Communications John Womack, tel. +46 (0)70 678 24 99. john.womack@ibs.net

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/04/29/20040429BIT00840/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2004/04/29/20040429BIT00840/wkr0002.pdf

The full report