Gaining mutual confidence between ECL and IFS, ECL formed a closer distribution partnership agreement with IFS Asia Pacific.

(1 June 2004, Hong Kong)

ECL and IFS Asia Pacific (IFS AP) have reached a closer partnership and cooperation through proven performance from each side. Over the past year of business cooperation, ECL has further certified that IFS Applications is a good product to market in the Mainland China and Hong Kong regions. With its ease of use and implementation, Component-based Architecture and Step-by-Step implementation approach, ECL believed that IFS is well positioned in the markets it is targeting. On the other hand, IFS AP also recognized ECL's outstanding performance and proven ERP capability in the region.

About IFS
IFS (XSSE: IFS) is one of the world's leading providers of component-based business software developed using open standards. IFS' industry-focused solutions are optimized for ERP, enterprise asset management, and MRO. IFS Applications offers companies an integrated lifecycle approach to managing customers, products, assets, and services, enabling them to employ lean enterprise concepts, control costs, manage projects, increase efficiencies in their supply chain, and measure their performance.

As a leader in component-based software, IFS delivers tangible business benefits for companies in the aerospace & defense, automotive, construction & facility management, high-tech, industrial manufacturing, process, and utilities & telecom industries. Working in close collaboration with partners, IFS is driving the market to embrace standards and co-existence that offers customers faster payback, reduced risk, and freedom of choice.

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