Teollisuuden Voima Oyj enhances operations with business management solution from IFS


IFS (http://www.ifsworld.com/en/), the global enterprise applications company,
today announced that Teollisuuden Voima Oyj, a major Finnish nuclear power
company, has purchased IFS Applications, a comprehensive suite of
ERP (http://www.ifsworld.com/en/solutions/erp-software/) software, to streamline
operations in some areas supporting existing business applications and replacing
legacy financials and material management systems. The total value of the
contract is in excess of € 1 million.
Implementation will begin in September 2014, with the solution expected go live
in November 2015.

“We are pleased that yet another major player in the energy and utilities sector
has selected ERP software from IFS. Our latest customer demonstrates the agility
of our ERP solution and reaffirms our prominent position in the sector,”said CEO
of IFS Finland, Tapani Pohjonen.

About Teollisuuden Voima

Teollisuuden Voima Oyj (TVO) is a Finnish nuclear power company founded in 1969
for safe and reliable production of electricity for Finland. Nuclear electricity
generated at TVO's Olkiluoto power plant accounts for one sixth of the total
energy consumption in Finland. Nuclear electricity not only benefits the Finnish
society but also contributes to the global effort to reduce greenhouse gas
emissions and other environmental impacts of energy production.

About IFS

IFS™ is a globally recognized leader in developing and delivering business
software for enterprise resource planning (ERP), enterprise asset management
(EAM) and enterprise service management (ESM). IFS brings customers in targeted
sectors closer to their business, helps them be more agile and enables them to
profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983
and currently has over 2,600 employees. IFS supports more than 2,200 customers
worldwide from local offices and through partners in more than 60 countries. For
more information visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld

Visit the IFS Blogs on technology, innovation and creativity:
http://blogs.ifsworld.com

IFS discloses the information provided herein pursuant to the Financial
Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528).
The information was submitted for publication on September 9, 2014 at 10 a.m.
(CEST).
Contact Information

Oliver Pilgerstorfer, Corporate Communications. Telephone: 44 1494 428900,
press@ifsworld.com

Frédéric Guigues, Investor Relations. Telephone: 46 8 58 78 45 00,
frederic.guigues@ifsworld.com

Attachments

09098586.pdf