Saab extends corporate agreement with IFS

Saab extends corporate agreement with IFS

Saab has extended its corporate agreement with IFS to position the Saab
Group for new business opportunities. In addition to the corporate
contract signed in June 2009, Saab will implement IFS Eco-footprint
Management and IFS Export License Management, the latter as part of the
Saab-IFS partnership offering. Under the terms of the agreement, IFS
will call off SKr 11 million in December 2010, of which SKr 8 million
pertains to software licenses.

Saab has been a customer of IFS since 1994 and has a long-term strategy
of increasing its use of IFS Applications across the Group to achieve
greater IT efficiency. Many Saab subsidiaries use IFS Applications for
design and manufacturing, maintenance, repair and overhaul (MRO),
engineering, supply chain management, project management, and
after-sales services.

The need to track environmental impact is often driven by regulation,
corporate value systems, customer demands, and risk management. For
Saab, this has been a focus for many years and the Group currently has
around 50 different environmental targets and programs connected to
climate change, the environmental impact of aviation, hazardous
substances, and others.

"We chose IFS Eco-footprint Management because it is fully integrated
with IFS Applications and can easily track environmental impact and
critical substances included in the products' lifecycle. When fully
implemented, we will be able to improve our environmental profile and
manage risks even more efficiently through the entire Group," Mats
Hultin CIO, Saab said.

"Streamlining our systems will improve our offering and customer
services, which is a continuous focus for the Group. Adding the new
module, IFS Export License Management, to the solution is in line with
market demands for even more functionality through the entire value
chain," Mats Hultin said.

Saab and IFS entered into a strategic partnership agreement in 2009
whereby IFS Applications will be included as part of Saab's support
offering to the market. The partnership means that Saab's support
division, besides using IFS Applications for its internal processes,
offers its customers various business models that include a broad
spectrum of services involving IT and information management. One
example of this is outsourced maintenance or "power by the hour", which
means that companies pay for hours of a service, such as flying time,
instead of having their own organization of workshops, technicians,
spare parts store, and IT and transport services.

"Our industry focus, offering best-practice industry solutions to a
selected number of segments, means we continuously develop IFS
Applications in close cooperation with key customers such as Saab.
Partnering with customers is part of this strategy and we are pleased to
see that this is successful for both Saab and IFS," Glenn Arnesen, CEO
IFS Scandinavia, said.

Aerospace and defense is one of IFS's targeted market segments. IFS
Applications™ provides market-leading off-the-shelf component-based
solutions that support Performance-Based Logistics (PBL), Contractor
Logistics Support (CLS), and Fleet Operator programs, as well as
solutions for Maintenance Repair and Overhaul (MRO), Asset & Fleet
Management, Supply Chain Management, and Product Lifecycle Management.

Customers include the United States, British, and Norwegian defense
organizations as well as the Eurofighter consortium. Commercial MRO
shops and service operators include Bristow Helicopters, Aero-Dienst
GmbH, K&L Microwave, Hawker Pacific, Ensign Bickford, Todd Pacific
Shipyards and Lufthansa Technik Qantas (LTQ, formerly known as Jet
Turbine Systems). In addition, IFS provides solutions to original
equipment manufacturers (OEMs) such as General Dynamics, Lockheed
Martin, BAE SYSTEMS, Saab Aerosystems, and GE Aircraft Engines.