IFS extends global agreement with Saab AB

IFS, the global enterprise applications company, announces that it has entered
into a new and expanded agreement with Saab, the global aerospace and defense
company. The agreement will serve as a platform to secure Saab’s global growth
and includes additional licenses for IFS Applications.
Saab has been an IFS customer since 1994 and has since worked in close
collaboration with IFS to expand and refine the company’s business solution. In
2009, Saab signed a corporate agreement with IFS regarding implementation of IFS
Applications across the entire group.

The new agreement represents an expansion of the existing business relationship
and will enable global growth and standardization of Saab’s worldwide
operations. In line with IFS’s strategy to grow its partner ecosystem, and to
ensure scalable growth, the companies have also entered into an extended
collaboration with a global systems integrator (SI).

“With this agreement, we are staking out our future path with IFS Applications,”
Saab CIO Mats Hultin said. “For a global company such as Saab, it is important
to have a business software provider that can deliver first-class industry
solutions and services anywhere in the world. As we gear up for global growth,
this agreement ensures us an agile business system backed by a flexible,
worldwide organization.”

“We are pleased to announce the next chapter in our long-standing business
relationship with Saab,” IFS Scandinavia CEO Glenn Arnesen said. “IFS’s strategy
is to actively explore new ways of delivering services to large, global
accounts. In this way, we are able to deliver packaged solutions that combine
best-in-class functionality with global support and services in a flexible
delivery model based on the needs of the customer. The agreement with Saab is
additional proof that our strategy is successful and we look forward to a long
and mutually beneficial collaboration.”

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; and solutions for Defense Manufacturing,
Maintenance Repair and Overhaul (MRO), Asset & Fleet Management, Supply Chain
Management and Product Lifecycle Management.

Customers include US Air Force Materiel Commands, British Navy and Army and the
Norwegian Navy and Air Force; as well as the Eurofighter consortium—commercial
MRO shops and service operators include Aero-Dienst GmbH, Alitalia Maintenance
Systems, K&L Microwave, Hawker Pacific, Ensign Bickford and Todd Pacific
Shipyards. In addition, IFS provides solutions to original equipment
manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, and
GE Aircraft Engines.
Contact Information
Anne Vandbakk
Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com
About Saab
Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs. The company has around 12,500
employees world-wide and and annual sales amount of around Skr 25 billion.

For more information about Saab, please visit: www.saabgroup.com

About IFS
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies,
and implements IFS Applications™, a component-based extended ERP suite built on
SOA technology. IFS focuses on industries where any of four core processes are
strategic: Service & asset management, manufacturing, supply chain and projects.
The company has 2,000 customers and is present in approximately 60 countries
with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion.

More information on IFS is available at www.IFSWORLD.com

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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 September 10, 2012, at 5:00 p.m. CEST.