International Business Systems (IBS) appoints Executive Vice President Corporate Development and M&A

Press Release
2010-02-03

In response to the on-going market consolidation and to take full advantage of potential strategic opportunities IBS has decided to appoint Christian Paulsson in a new full time role as Executive Vice President Corporate Development and M&A

STOCKHOLM, February 3, 2010 – International Business Systems (STO: IBS B) the leading application supplier for wholesale and distribution, today announced the appointment of Christian Paulsson, already a member of the IBS board of directors, as Executive Vice President Corporate Development and M&A effective immediately. Christian Paulsson will be responsible for IBS strategic initiatives such as strategic acquisitions and divestitures. The position has been appointed due to the increased market activity within the ERP industry.

Christian Paulsson has long experience as an investment banker and corporate finance professional with previous experience from organizations such as; Deccan Value Advisors, Lage Jonason AB, Mangold Fondkommission, Alfred Berg/ABN Amro and Booz Allen & Hamilton.


For more information, please contact:

Oskar Ahlberg, Senior Vice President of Communications, IBS AB
Tel: +46-70-244 24 75
oskar.ahlberg@ibs.net

 

About IBS
International Business Systems (IBS), the leading business application supplier for wholesale and distribution, helps companies differentiate themselves on the strength of their distribution operations.

Founded in 1978, IBS has over 30 years of experience in the distribution industries ranging from automotive and electronics to paper, publishing, pharmaceuticals, food and beverage. This deep understanding of distribution models and best practices is embodied within IBS Enterprise, a distribution resource management application suite on which thousands of the world’s most successful companies now rely.

IBS B share is listed on NASDAQ OMX First North Exchange Stockholm. For more information, please visit www.ibs.net