Oil and gas services company Interwell chooses IFS Applications 9

IFS Applications to enhance operational efficiency throughout Interwell’s global
organization

IFS (http://www.ifsworld.com/), the global enterprise applications company,
announces that Interwell (http://www.interwell.com/), a global oil and gas
services company, has chosen IFS
Applications™ (http://www.ifsworld.com/en/solutions/ifs-applications/ifs
-applications-9/) to streamline its operations. The agreement includes licenses
and services valued at approximately US$ 2 million.
Norway-based Interwell is a leading provider of well solutions for oil and gas
recovery. Through its offices and network of agents, the company is represented
in 14 countries worldwide.

The IFS solution purchased by Interwell includes functionality covering
financials, supply chain management, project management, assembly, document
management, configuration, maintenance, and human resources. When fully
implemented, IFS Applications will be used by approximately 400 Interwell staff
working in Norway, the United Kingdom, the United States, and the United Arab
Emirates.

“We chose IFS Applications because it best met our business needs. IFS
Applications will be an important tool in our ongoing efforts to streamline our
operations and offer enhanced services to our clients,” Interwell CEO Eirik
Bergsvik said.

IFS Scandinavia CEO Glenn Arnesen added, “We are pleased to announce this
important customer win, which is yet another example of IFS’s leading position
in the oil and gas industry. We look forward to working with Interwell to
deliver a robust industry solution that will contribute to enhanced operational
efficiency.”

IFS is one of the world’s leading providers of business software to large and
midsize companies within the oil and gas industry. For more than 20 years, IFS
has worked closely with leading EPCI contractors, drilling contractors,
system/equipment suppliers and mobile asset owners to ensure our solutions meet
the oil and gas industry’s stringent requirements. With over 400 project and
asset-oriented companies using IFS solutions today, our strategic focus on the
oil and gas industry is evidenced in both deep industry expertise and a solid
track record. IFS offers flexible, component-based project-driven business
solutions that manage the entire lifecycle of contracts, projects, assets and
services.

Customers include: Technip, Seadrill, Maersk Drilling, Maersk Supply Service,
Rowan Companies, Odfjell Drilling, Mustang, Babcock Marine, Heerema Fabrication
Group, Archer, Apply Sørco, MIR VALVE, Hertel Group, Rosenberg WorleyParsons, BW
Offshore, Semco Maritime, Reinertsen, VARD, PGS, Wellstream, Hamworthy,
ShawCore, Icon Engineering, Songa Offshore, Mermaid Marine, Trans-Northern
Pipelines Inc., and Yinson Berhad.
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
About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing
and delivering enterprise 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) founded in 1983 and currently has over 2,700 employees. IFS supports
more than 2,400 customers worldwide from its network of local offices and
through a growing ecosystem of partners. For more information visit:
www.ifsworld.com.

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http://blog.ifsworld.com/

IFS discloses the information herein pursuant to the Financial Instruments Act
(1991:980) and/or the Securities Markets Act (2007:528). The information was
submitted for publication on June 30 2015, at 10.30 a.m. CEST.