Cramo and IBS sign agreement for third stage development

Cramo and IBS sign agreement for third stage development

Cramo and IBS today announce the signing of an agreement to further develop and
implement an industry specific ERP system for Cramo. 

In late 2005, Cramo and IBS signed an agreement that IBS during a period of
several years would deliver a new ERP system for Cramo's rental business. The
first two stages of the project are now completed and a new agreement for a
third development stage has been signed, further strengthening the relationship
between the companies. The agreement covers expanded functionality specifically
for the rental industry and will result in the world's most advanced business
system for this industry vertical. The project will start immediately and run
through 2011.

”In our line of business we are very dependent on correct and up to date
information and it is crucial for us to have not just a good business system but
also be able to grow it together with our supplier. We want to feel we are at
the front edge of technology, or preferably a little ahead of the curve compared
to our competitors with business support”, says Göran Carlson, Deputy CEO of
Cramo. “IBS has been our supplier of business critical systems since 1996.”

”When we first signed an agreement to develop an industry specific system for
the rental business, it was a major commitment for IBS, but also an important
commitment to an exciting vertical. Cramo is a fantastic company and we are
proud to have been an important supplier for so long. Even more so as we are
firm believers in the rental industry, especially today when all companies are
looking for ways of conserving capital”, says Mike Shinya, President and CEO of
IBS.


For more information, please contact:

Oskar Ahlberg, Senior Vice President of Communications, IBS AB
Tel: +46-70-244 24 75
oskar.ahlberg@ibs.net



IBS AB (publ) discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 11.00 on May 5, 2009.

About Cramo
Cramo is a service company specialising in construction machinery and equipment
rental and rental-related services, as well as the rental and sale of modular
space. As one of the industry's leading service providers in the Nordic
countries and Central and Eastern Europe, Cramo operates in eleven countries
with approximately 300 depots. With a group staff of 2.600, Cramo's consolidated
sales for 2008 totalled EUR 580 million and its shares are listed on the NASDAQ
OMX Helsinki Ltd. For further information, please visit www.cramo.com

IBS in brief
With over 30 years of experience, IBS is a leading provider of distribution
management systems. IBS focuses on industries such as automotive, electrical
components, paper & packaging and pharmaceutical 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