Board member resigns from IBS AB

Report this content

STOCKHOLM, 13 August, 2009 – International Business Systems (STO: IBS B)

The board member George Ho has today resigned from the board of directors of IBS AB. George is an employee at IBS’s major shareholder Deccan Value Advisors, and has decided to leave his position due to time constraints. George Ho leaves his board position as of the 13th of August, 2009. For more information, please contact: Dr. Pallab Chatterjee, Chairman of the Board, IBS AB Tel: +46 8 627 2583 About IBS IBS specialises in differentiating companies from their competitors on the strength of their distribution operations. Founded in 1978, IBS has over 30 year’s experience of distribution in industries ranging from automotive and electronics to paper, publishing and pharmaceuticals. This deep understanding of distribution models and best practices is embodied in IBS’ global distribution system, which is enhanced with local expertise to create a unique system for each IBS client. More than 4,000 companies in 40 countries rely on IBS to improve their distribution operations – enabling them to achieve both increased profitability and higher valued services to the channel. IBS B share is listed on NASDAQ OMX First North Exchange Stockholm. For more information, please visit www.ibs.net

Documents & Links