SVP Product & Marketing Thomas Petersson leaves IFS

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Effective 31 st January 2011, Thomas Petersson will be leaving IFS to pursue other interests. Petersson’s responsibilities will be transferred to existing members of his management team.

Thomas Petersson has held several management positions within IFS, most recently as Head of Product & Marketing, IFS World Operations AB. IFS would like to take this opportunity to thank Thomas Petersson for his contributions to the continuing growth and profitability of IFS and wish him well in his future endeavours.

Contact Information
Anne Vandbakk

Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com

About IFS
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2009 was SKr 2.6 billion.

More information on IFS is available at www.IFSWORLD.com

The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on January 28, 2011, at 2.00 p.m. CET

IFS, Box 1545, SE-581 15 Linköping, Sweden – Phone: +46 13 460 40 00 – Fax: +46 13 460 40 01 Industrial and Financial Systems, IFS AB (publ) is a limited liability company registered in Linköping, Sweden. Corporate identity number: 556122-0996

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