IFS sold Front Office solution to Brazilian manufacturer

IFS sold Front Office solution to Brazilian manufacturer Industrial & Financial Systems, IFS, has received an order for IFS Applications, its component-based ERP system, from the Brazilian multinational textile manufacturer, Companhia Tèxtil Karsten. Included in the order is IFS Sales Configurator to rationalize the company´s sales network. The initial value of the order amounts to approximately USD 1 million. "The order was won by IFS Do Brazil in competition with the German ERP vendor SAP, among others. This is one of several new orders we have recently won in Brazil," comments Alf Andersson, responsible for IFS in South America. The 100-year-old Companhia Tèxtil Karsten produces textiles such as towels, tablecloths, bed linen, and furniture fabrics. With subsidiaries in Argentina, Germany and the USA, and sales in 40 countries, the company has 2000 employees. Sales for 1998 amounted to USD 175 million. The order comprises IFS Applications, including IFS Business Modeler, to optimize implementation, and IFS Sales Configurator, to rationalize the company's sales network. In addition, IFS and Karsten have begun to collaborate on a development project. "We are going to jointly develop a new application to manage imports, exports and currency fluctuation for the Brazilian market," concludes Alf Andersson. About IFS and IFS Applications Industrial & Financial Systems, IFS AB, develops and supplies IFS Applications, which is a complete Enterprise Resource Planning (ERP) system for business processes in medium-to-large-sized companies. It covers manufacturing, distribution, financials, maintenance management, resource management, engineering and front office. The IFS business concept is to increase the freedom of action and competitiveness of companies by offering standardized business systems based on leading technologies. IFS Applications is one of the first business systems in the market developed entirely using a component-based architecture, which means that it can be readily adapted to the needs of individual customers. The system is equipped to handle the Y2K compliance issues and the introduction of the Euro. IFS is the world's fastest-growing company in the ERP and maintenance software market. The company has 2,000 employees and its products are sold in 32 countries around the world. Some of the more than 1,600 major customers include Volvo, NEC, Akzo Nobel, Caterpillar, Saab, Nikon, Kimball, AlliedSignal, Ericsson, International Paper, Sundstrand Corporation and Rover Group. For further information, contact: Rolf Erichs, Corporate Communications Director, IFS Telephone: +46 13 13 03 18 Fax: +46 13 12 43 73 E-mail.rolf.erichs@ifsab.se IFS' web: http://www.ifsab.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/16/19990316BIT00110/bit0001.doc http://www.bit.se/bitonline/1999/03/16/19990316BIT00110/bit0002.pdf