International Business Systems (IBS) announces new contract with more than 20 MSEK software license value, the largest in the history of the company


International Business Systems (IBS) announces new contract with more than 20
MSEK software license value, the largest in the history of the company

A major contract to deliver software and services for the Logistics and
Distribution operations of a multinational customer has been signed. The
software license value of the contract is in excess of 20 MSEK.

STOCKHOLM, December 28, 2009 - International Business Systems (STO: IBS B) the
leading application supplier for wholesale and distribution, today announced
that an agreement was reached with an existing IBS customer to upgrade and
extend the software solution for the customer's logistics and distribution
operations. The initial license value of the contract is over 20 MSEK, which is
the highest initial license value for a single order that has been signed in
IBS' history. 

Further information about this contract will be distributed in consultation with
the customer in question.

For more information, please contact:

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

About IBS
International Business Systems (IBS), the leading business application supplier
for wholesale and distribution, helps companies differentiate themselves on the
strength of their distribution operations.

Founded in 1978, IBS has over 30 years of experience in the distribution
industries ranging from automotive and electronics to paper, publishing,
pharmaceuticals, food and beverage. This deep understanding of distribution
models and best practices is embodied within IBS Enterprise, a distribution
resource management application suite on which thousands of the world's most
successful companies now rely.

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

Attachments

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