IBS' new Italian subsidiary prospers
IBS' new Italian subsidiary prospers IBS' recently established Italian subsidiary has in a short period of time won six important orders for IBS' ASW software, which targets distribution and supply chain companies. The software covers distribution and supply chain operations, e-business and business analysis and control. The total order value exceeds SEK 20m. - The Italian market is one of Europe's largest. Its industry structure is well in line with IBS' target market, and we have experienced a rapidly growing interest for our distribution and e-business solutions. IBS' subsidiary was established in Milan in September, 1999. Now that we have our own operations there, we can see how our market penetration is sharpened, says Anders Hedbring, Vice President, International Operations for the IBS Group. The deals have been signed with General Cosmetics Corporation - wholesale distributors of body care products, Mogar Music - wholesale distributors for the music industry, Fogliani - wholesale distributors in electronics, Meccania Finnord -distributors of spare parts for the automotive industry, Bahco - distributors of tools, and Unifarma - distributor of pharmaceuticals. For more information, please contact: Staffan Ahlberg, CEO, Anders Hedbring, Vice IBS AB President Int'l Operations Tel: +46 (0)8 Tel: +46 (0)8 6272444, 6272420, +46 (0)70 +46 (0)70 6272444 6272420 email: email: staffan.ahlberg@ibs.se anders.hedbring@ibs.se IBS AB, with headquarters in Stockholm, is listed on the Stockholm Stock Exchange. The IBS Group is a world-leading international supplier of web- enabled business and supply chain management software and professional services for large and mid-sized companies. IBS has some 2,300 employees and 5,000 customers in more than 40 countries. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/13/20010213BIT01040/bit0002.doc http://www.bit.se/bitonline/2001/02/13/20010213BIT01040/bit0002.pdf