Maxell expands its use of IBS´ supply chain software to Asia

News & Events 2004-09-14

Stockholm, Sweden – 2 June, 2004 – IBS, International Business Systems (XSSE: IBS B), has signed an agreement with Maxell regarding implementation of IBS supply-chain focused ERP software, ASW, at sales offices in Singapore, Hong Kong, Taiwan and China and at one of Maxell´s manufacturing plants in Malaysia.

The solution covers software, professional services and hardware, and is planned to go live in October 2004. Maxell has already installed IBS software in subsidiaries in nine countries in Europe.

- Maxell´s decision to expand its use of IBS solutions to several countries in Asia is a clear sign of the attractiveness of our software solutions. We see a clear tendency that our international customers want to expand the use our flexible software and cost-effective implementations, comments Magnus Wastenson, CEO at IBS.

IBS has specialised solutions, solid references and long experience delivering value to medium and large companies in the consumer electronics Industry.

For further details, please contact: Magnus Wastenson, CEO and President, IBS AB Tel: +46 (0)8 627 25 15 Mobile: +46 (0)70 627 25 15 magnus.wastenson@ibs.net

John Womack , Director of Communications, IBS AB Tel: +46 (0)8 627 24 99 Mobile: +46 (0)70 678 24 99 john.womack@ibs.net

IBS AB (XSSE: IBS B) is a leading provider of business software for supply chain management, business intelligence, financial control, and demand-driven manufacturing. IBS' primary focus is mid-sized 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.