Report from Extraordinary General Meeting in IBS AB on September 5, 2008

Report from Extraordinary General Meeting in IBS AB on September 5, 2008

At an Extraordinary General Meeting in IBS AB on September 5, 2008, a new Board
of Directors was appointed due to recent changes in the ownership structure of
IBS.

The Extraordinary General Meeting decided that the Board of Directors shall
consist of six Board Members appointed by the General Meeting. Christian
Paulsson is appointed new member of the Board of Directors for the period until
the close of the next Annual General Meeting. The appointment of Bo Pettersson
and Fredrik Svensson as Board Members are terminated.
Christian Paulsson is 33 years old. He is Managing Director and head of
corporate finance at Lage Jonason AB and has previously worked at i.a. Mangold
Fondkommission AB and Alfred Berg Fondkommission AB. He is a member of the Board
of Directors of Invisio Headsets AB, Spirits of Gold AB and Lage Jonason AB. For
further information regarding Christian Paulsson, please visit www.ibs.net.
The new Board of Directors now comprises Pallab Chatterjee (chairman), Vinit
Bodas, Gunnel Duveblad, George Ho, Christian Paulsson, Bertrand Sciard and
Ann-Mari Öhman (employee representative).



For further information, please contact: 

Camilla Moore, Information Director, IBS AB 
Tel: +46-70-555 12 39
Email: camilla.moore@ibs.net

IBS in brief
With over 30 years of supply chain expertise, IBS is a leading provider of
complete ERP solutions. IBS focuses on mid-sized and large distribution
companies, as well as sales and manufacturing subsidiaries of international
groups, mainly within industries such as automotive, electrical, food,
industrial supplies, paper, pharmaceutical, publishing and wholesale
distribution. More than 5,000 customers across some 40 countries use IBS
software to gain fast and measurable returns on IT investments.

IBS B share is listed on OMX Nordic Exchange Stockholm. For more information,
please visit www.ibs.net