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Press Release

IFS

Release date: February 13, 2008

Genetic Analysis Technology Company Goes Live with IFS Applications in Four Months

SCHAUMBURG, Ill. and CAMBRIDGE, Mass., February 13, 2008-

IFS, the global enterprise applications company, announced today that Helicos BioSciences, of Cambridge, Mass., went live with IFS Applications in approximately four months.

Helicos BioSciences, a young company positioned for growth, is a life science company focused on innovative genetic analysis technologies for the research, drug discovery, and diagnostic markets. Helicos' goal is to enable genetic analysis on an unprecedented scale by providing scientists and research/clinicians the ability to compare genes and genomes from thousands of individuals. This, in turn, will lead to the potential for improved drug therapies, personalized medicine and more accurate molecular diagnostics for diseases like cancer. Helicos' product has the potential of having a high demand due to the faster results it provides. To ensure its business process could handle this resulting demand, its forward-thinking company leaders chose to implement IFS Applications.

"Our early commitment to an enterprise resource planning (ERP) application will help us plan for and respond to the dynamics of the life sciences marketplace," Helicos BioSciences President and COO, Steve Lombardi said. "We feel strongly that IFS Applications was the correct ERP choice based on our needs to rapidly build our business processes. Keeping in mind that our technology is cutting edge, we also wanted an agile business system that would scale with our plans for growth."

Assisting in Helicos' IFS Application implementation was a consulting team from Corning Data Services, Inc. of Corning, N.Y.

"IFS Applications was by far the best solution for Helicos' rapid installation requirement," Corning Data Services, Inc. General Manager Michael Pauley said. "In order to keep pace with a fast growing company, Helicos sought out an enterprise application that would help them meet their changing needs and be quickly implemented. We are pleased to have provided a fast turnaround of our services to assist this fascinating company's implementation of IFS Applications."

"Helicos will continue to benefit from the agility of IFS Applications and its component-based service oriented architecture (SOA)," IFS North America President and CEO Cindy Jaudon said. "As Helicos experiences rapid growth, IFS Applications can be reconfigured and augmented to meet these needs with minimal business disruption. Our solution will grow and change with them as they encounter all the new challenges their early success will bring about."

The life sciences industry is one of IFS' targeted vertical markets. IFS Applications provides medical related companies a fully integrated, paperless system that enables a shorter time-to-market, faster payback on investments, and enhances customer loyalty while complying with complex government regulations. IFS Applications has proven its ability to help customers comply with FDA requirements and offers a Software Validation Package. IFS' life sciences customers include Arrhythmia Research Technology, Inc., Camtronics Medical Systems, Bede Scientific, and KeyMed. About Helicos BioSciences, Inc.

Helicos BioSciences is a life science company focused on innovative genetic analysis technologies for the research, drug discovery, and diagnostic markets. Helicos' proprietary True Single Molecule Sequencing, (tSMS)(TM) technology allows direct measurement of billions of strands of DNA enabling scientists to perform experiments and ask questions never before possible. Helicos is a recipient of the $1,000 genome grant and committed to providing scientists the tools to unlock the era of genomic medicine. The company's corporate headquarters are located at One Kendall Square, Building 700, Cambridge, MA 02139, and its telephone number is (617)264-1800.

About Corning Data Services, Inc. "Experience Matters"®. Since 1980, Corning Data Services, Inc. has delivered complete solutions to meet our customers' needs. Experience does matter. Our seasoned professionals are equipped with the talent and expertise to deliver complete ERP and e-business solutions. By partnering with world-class software and hardware manufacturers, we EMPOWER businesses with the tools to succeed today ... and the skills to succeed tomorrow. For more information, visit www.corningdata.com. About IFS

IFS (OMXS: IFS), the global enterprise applications company, provides ERP solutions that enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage.

Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications(TM), now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries in 22 languages.

IFS has more than 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting, service & facilities management; and utilities & telecom. IFS Applications provides extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities. For additional information, contact:

Chuck Rathmann, IFS North America Phone: +1 262 317 7419 E-mail: chuck.rathmann@ifsna.com

Kristy Mills, IFS North America Phone: +1 262 317 7476 E-mail: kristy.mills@ifsna.com

Company Information:
Name: IFS
Address: 200 S. Executive Drive
Address: Suite 100
City: Brookfield
State: WI
ZIP: 53005
Country: USA
Phone: 262-317-7476
http://www.ifsworld.com

More New Product News from this company:
Nov 1, 2007 - Engineering Collaboration Software supports CAD integration.
Oct 26, 2007 - Contract Management Software spans multiple projects.
May 10, 2006 - Enterprise Software promotes user productivity.
Dec 23, 2005 - Software supports project-driven enterprises.
Apr 8, 2004 - Software suits companies with mixed-mode manufacturing.
Aug 29, 2003 - Software simplifies Sarbanes-Oxley compliance.
Mar 11, 2003 - Software provides 3-tiered lifecycle management

Other News from this company:
Mar 03, 2008 - IFS Enters a New Phase - Plans to Double Product Revenue and Sets New Financial Goals
Feb 28, 2008 - IFS Receives Frost & Sullivan Award for EAM Market Penetration Leadership in the Aerospace and Defense Industry
Feb 11, 2008 - Armstrong International, Inc. Selects IFS Applications to Standardize Global Operation
Feb 07, 2008 - Agile Pacific Joins the IFS North American Software Partner Program
Dec 14, 2007 - IFS Applications Wins Second Consecutive CER Award for 'ERP System of the Year'
Nov 28, 2007 - Indian National Hydroelectric Power Corporation Selects IFS Applications to Support Their Expansion
Oct 23, 2007 - Business Intelligence Vendor ClickBase Joins the IFS North American Software Partner Program
Oct 15, 2007 - IFS Endorses Project-Centric Approach with Applications for the Global Economy
Oct 15, 2007 - IFS Launches Aurora User Interface and Introduces New Application Age
Oct 03, 2007 - The Clancy Group Selects IFS Applications to Integrate Systems and Enable Real-Time Cost/Value Reconciliation
Aug 20, 2007 - IFS First to Deliver Embedded Enterprise Application Search
Jul 13, 2007 - IFS Defence Acquires UK Software Company
Jun 04, 2007 - IFS Extends Application Suite with OBAs
May 02, 2006 - IFS Forms Strategic Alliance With MTSI, Launches New Service Management Solution for Medical Device Industry
Sep 26, 2005 - IFS partners with JBoss®, reaffirming commitment to open standards

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