Information Regarding IBS' Q3 Report, Thursday 17 October


STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- IBS today anounced that on October 17, at 11-1 p.m., a meeting will be held at IBS' Group Headquarters, Hemvarnsgatan 8, Solna, Sweden. Presentations of and comments regarding the Q3 report will be given by IBS' new management team; Magnus Wastenson, CEO, Per-Arne Sendren, VP and CFO, and Gustaf Lindgren, VP Sales and Marketing. This meeting will be held in Swedish. A buffet lunch will be served.

If you wish to attend this meeting, please notify kerstin.sandberg@ibs.se by 4 p.m. on 16 October, at the latest.

IBS, International Business Systems, is a leading provider of business software for supply chain execution, financials and business intelligence, and customer relations management, primarily for distributors and demand-driven manufacturing companies. IBS' primary focus is mid-size and large wholesale distributors as well as sales and manufacturing companies in international groups, especially in pharmaceuticals, electronic parts and equipment, automotive parts and supplies, machinery, industrial supplies and consumer durables. IBS is recognised by AMR Research as a leading supplier of supply chain execution software and services. IBS has some 5,000 customers, among them many leading companies like Volvo, Miele, Nautor Swan, Galexis, Ciba Vision, Maxell, ABB, Expert, Cartier and Lear Corporation. The IBS Group has revenues of $260m, approximately 2,200 employees and permanent operations in 22 countries. For more information, please visit www.ibs.se

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The following files are available for download:

http://www.waymaker.net/bitonline/2002/10/14/20021014BIT00580/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/14/20021014BIT00580/wkr0002.pdf