IBS wins major order from Volvo
IBS wins major order from Volvo IBS has signed an agreement with Volvo Construction Equipment Group regarding business software and professional services for the Volvo CE's world wide reseller organisation. The agreement is worth some SEK 40m. The agreement covers IBS' new generation of component-based business software, California, as well as support and further development of Volvo CE's current IBS system, ASW Dealer Management System. - The order is a break-through for our new business software, says Staffan Ahlberg, CEO for the IBS Group. The automotive industry represents an important customer area for IBS. Our software and our global support organisation are well suited for the requirements of the automotive industry. Volvo CE is one of the world's leading suppliers of earth moving equipment with a revenue of some SEK 20bn and 9,700 employees in 1998. The Group has manufacturing plants in four continents and an extensive reseller network as well as its own market and sales companies. In all, customers in 100 countries can enjoy products, service and support from Volvo CE. - In general, we are seeing an increase in activity in the market as regards major deals for new business systems. The focus our systems have on Internet- based commerce puts us in a very favourable position in a rapidly growing market, says Staffan Ahlberg. For further information: Staffan Ahlberg CEO of IBS AB +46-8-627 2420 +46-70-6272420 Peter Hörwing MD of IBS Sweden +46-8-627 2310 +46-70-5593660 Magnus Wastenson VP Marketing +46-8-627 2515 +46-70-6272515 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 2.7bn, has 2,300 employees and more than 4,800 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/1999/12/03/19991203BIT00440/bit0001.pdf http://www.bit.se/bitonline/1999/12/03/19991203BIT00440/bit0002.doc