IFS signs US$6m contract with a European field service company

(1 June 2007, Linköping)

IFS, the global enterprise applications company, has signed a contract with a major European field service company to implement IFS Applications. More than 2,000 field engineers will use the IFS solution. The value of the contract is US $ 6 million in licenses and implementation services.

The Construction, Contracting and Service Management industry is one of IFS’ targeted vertical market segments. The company offers a complete and integrated business solution that manages the entire lifecycle of contracts, projects and assets. With IFS Applications, companies can support and improve business processes by collaborating more closely with suppliers, subcontractors, operators and customers.

IFS Applications includes functionality for contract and project management, risk management, budgeting and forecasting, resource scheduling and optimization, installed base management, spare part management, mobile solutions for field work force, call and case management including SLA, all integrated with financials, procurement, manufacturing and HR. Existing IFS customers in the Construction, Contracting and Service Management industry include Hertel, Debut Services, First Engineering, Doosan Babcock, Grenland Group, Heerema Fabrication Group, Dalkia, Anticimex, Eltel Networks and Kalmar Industries.

About IFS and IFS Applications

IFS (OMX STO: IFS), the global enterprise applications company, provides solutions which enable organizations to respond quickly to market changes—allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.

IFS was founded in 1983 and now has 2,600 employees worldwide. IFS has pioneered component-based ERP software with IFS Applications, now in its seventh generation. IFS’ component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages.

IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service management and utilities & telecom. IFS Applications provides extended ERP functionality including customer relationship management (CRM), supply chain management (SCM), product lifecycle management (PLM), corporate performance management (CPM), enterprise asset management (EAM) and maintenance repair and overhaul (MRO) capabilities.

For additional information, contact:

Manni Svensson, Investor and Public Relations, IFS
Phone: +46 8 5878 45 00


Christine Murphy, Marketing Manager, IFS UK
Phone: +44 (0)1494 428991


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