IBS appoints new Vice President Global Software

IBS appoints new Vice President Global Software IBS has appointed Mark Cockings Vice President Global Software with responsibility for IBS' business software portfolio. Increased outsourcing and new development projects in co-operation with IBM will help to further strengthen IBS' position as world leading vendor in the area of supply chain management. Mark Cockings, who has worked within the company in various positions since 1996, has been appointed Vice President responsible for developing IBS' business software portfolio. Mark was previously Head of IBS Business Development. Priority development projects include new functionality in IBS´ ERP and Supply Chain software, ASW and industry specific solutions for customers within pharmaceuticals, electronic parts and equipment, automotive parts and supplies, machinery, industrial supplies and consumer durables. IBS will also continue to develop new cost effective software for integration. As a result of the previously announced co-operation agreement with IBM, IBS has access to technology and resources for the development of new software. IBS bases its solutions on IBM's WebSphere environment, which gives increased room for adding more value driven customer functionality into the software. More cost effective software development will also be achieved through increased outsourcing to low-cost countries. This task is assigned to Tomas Bräne, a member of IBS' Group management since 1998. With IBS' stringent quality demands as a basic guideline, strategically critical development resources will be retained within the Group while other tactical tasks will be produced at a lower cost than today. "This is a step that further strengthens our international market position in supply chain management. Through technical co-operation with partners and increased outsourcing, we can become more efficient in developing new products for our large international customer base," says Magnus Wastenson, President and CEO of IBS. For more information, please contact: Magnus Wastenson, President and Mark Cockings, Vice President Global CEO Software Tel. +46 (0)8 627 2515 Tel. +46 (0)8 627 2460 Mobile: +46 (0)70 627 2515 Mobile: +46 (0)70 627 2460 magnus.wastenson@ibs.net mark.cockings@ibs.net John Womack, Director Corporate Communications Tel. +46 (0)8 627 2499 Mobile: +46 (0)70 678 2499 john.womack@ibs.net IBS, International Business Systems (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. For more information, please visit www.ibs.net ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/28/20040628BIT00290/wkr0001.pdf

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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.

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