IBS launches new Internet-based business software

IBS launches new Internet-based business software solution The software company IBS is now launching the fourth version of its ASW business system. New features target Internet-based commerce, Supply Chain Management, Customer Relations Management, as well as business analysis. ASW is equipped with a new Java-based user interface, making dialogue within the system easy. ASW 4 is the result of one of IBS' largest development undertakings ever. - We are facing a momentous expansion of e-commerce between businesses, says Staffan Ahlberg, CEO of the IBS Group. On an international basis, Internet transactions between business are forecast to increase by some 100% per year, over the next four years. Today, very few companies have web sites that are fully integrated with their business systems. Such integration is a must for the future. - With ASW 4, we are increasing our pace and furthering our position within e- commerce and Supply Chain Management", says Staffan Ahlberg. "The whole system is fully Internet-integrated, which is essential for flexible and customer-oriented solutions for companies operating within the new net-based economy. ASW 4 also includes new solutions for spare parts handling, service, sales and marketing support, vendor managed inventory and virtual warehousing, replenishment, as well as substantially extended functionality for activity- based profitability analysis. Supply Chain Management news includes a fully integrated module for demand-driven manufacturing, an essential feature for customer-focused companies. - ASW 4 further enforces our position as a world-leading software and professional services supplier within Distribution and Supply Chain Management, says Staffan Ahlberg. Our target is to be the recognised world leader in this field by the year 2003. For further information, please contact: Staffan Ahlberg CEO, IBS AB +46-8-627 2420 +46-70-6272420 Magnus Wastenson VP, Int'l Marketing +46 8-627 2515 +46-70-6272515 Christina Wågström Investor Relations +46-8-627 2460 +46-70-6272460 IBS AB, with headquarters in Stockholm, is listed at the Stockholm Stock Exchange. The IBS Group is a world leading international supplier of business systems and professional services. IBS, with an estimated revenue of some SEK 2.9bn, has 2,300 employees and more than 4,500 customers in more than 40 countries. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/11/19991011BIT00140/bit0001.doc http://www.bit.se/bitonline/1999/10/11/19991011BIT00140/bit0002.pdf