IBS Interim Report January - March 2008

Solna, Sweden, April 22, 2008 - IBS AB (listed on the OMX Nordic Exchange Stockholm, Nordic list, Small Cap, Information Technology: IBS) today presented the Group’s interim report for January 1 - March 31, 2008. The information was submitted for publication on April 22, 2008, 2:00 p.m.

• Total revenue amounted to SEK 484 m (541).
• Net profit amounted to SEK -46 m ( 9).
• Earnings per share amounted to SEK -0.56 (-0.11).
• Operating profit amounted to SEK -55 m (-10).
• Earnings after financial items totaled SEK -63 m (-9).
• Cash flow from operating activities amounted to SEK 50 m (103).
• Second wave of cost program initiated with aim of reducing cost has led to a reduction of staff by 120 employees as compared to first quarter 2007.
• Implementation of new global organization finalized.


For more detailled information see the attached report.