Helsinki Energy selects IFS Applications 8


IFS, the global enterprise applications company, announces that Helsinki Energy,
one of the largest energy companies in Finland, has chosen IFS Applications™ 8
to streamline financial processes and project management. The contract includes
licenses and services worth approximately € 1.5 million.
Delivering electric energy to some 400,000 customers, Helsinki Energy needed a
new central business system to optimize and consolidate mission-critical
processes. After an exhaustive public procurement process, Helsinki Energy
selected IFS Applications.

“Our choice was motivated by IFS’s proven track record in the energy industry
and its consultants’ deep knowledge and understanding of the specifics of our
sector,” Helsinki Energy Group Services Director Kauno Kaija said. “IFS
Applications 8 best met our requirements for financial and project management in
a single solution, which will help us achieve our business goals.”

“We have delivered best-practice solutions to the energy and utilities sector
since 1983 and strongly believe that Helsinki Energy will benefit from our
industry experience,” IFS Finland Managing Director Tapani Pohjonen said. “We
are very pleased to get the opportunity to work with yet another major Finnish
energy company and look forward to a productive collaboration.”

The IFS solution purchased by Helsinki Energy includes support for financials
and project management. The implementation project is expected to be completed
during spring 2014.

Energy and Utilities is one of IFS’s targeted market segments. Since it was
founded, IFS has developed and delivered best-practice-based, industry-specific
solutions for the sector in enterprise asset management, capital project
management, and asset lifecycle management. IFS solutions support all critical
business enterprise processes with an integrated applications suite for capital
project management, supply chain management, assets and work management, service
and contracts management, sustainability, financial management, human resource
management, document management, etc. Cost-effective and scalable, IFS
Applications™ is used in large-scale, enterprise deployments and as best-of
-breed functionality.

World-class utilities functionality, an agile application architecture, and a
dedicated team of experienced professionals have made IFS the choice of leading
utilities such as Three Gorges, National Hydroelectric Power Corporation,
Brookfield Renewable Power, Mälarenergi , Horizon Utilities ,Torresol, Barking
Power, PKE, France Telecom, B Sky B, Tennet, Vantaa Energy, and nuclear power
stations in Sweden (E.On OKG, Vattenfall Forsmark, Ringhals ), South Africa
(PBMR), and China (Sanmen, Shandong and Qinshan).
Contact Information
Mark Boulton
Telefon: 44 1494 428900
Chief Marketing Officer
press@ifsworld.com (mark.boulton@ifsworld.com)

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com
About Helsinki Energy
As one of the largest energy companies in Finland, Helsingin Energia supplies
electric energy to about 400,000 customers in Finland and covers more than 90
percent of the heat demand of the capital city with district heat. Helsingin
Energia produces and sells district cooling, which is considerably expanding in
Helsinki.

Among the services provided by Helsingin Energia are the design, projecting and
maintenance of energy production and distribution systems. Helsingin Energia is
also responsible for the outdoor lighting systems in Helsinki.

More information is available at www.helen.fi.

About IFS
IFS™is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and
implements IFS Applications™, a component-based extended ERP suite. IFS focuses
on industries where management of any of the following four core processes is
strategic: service & asset, manufacturing, supply chain, and projects. The
company has 2,100 customers and is present in approximately 60 countries with
2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion. More
information on IFS is available at 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 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 28, 2013, at 3:15 p.m. CEST.

IFS, Box 1545, SE-581 15 Linköping, Sweden – Phone: +46 13 460 40 00 – Fax: +46
13 460 40 01

Industrial and Financial Systems, IFS AB (publ) is a limited liability company
registered in Linköping, Sweden.

Corporate identity number: 556122-0996

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