IFS Applications Wins Second Consecutive CER Award for 'ERP System of the Year'


SCHAUMBURG, Ill., December 14, 2007 - IFS, the global enterprise applications company, has won its second consecutive annual award from the Center of Enterprise Research (CER) for its business software.

CER experts named IFS Applications 7 'ERP System of the Year' in the service industry category, further strengthening IFS' position as a market-leading ERP provider. CER evaluated the competing products according to the following criteria: implementation time, ergonomics, technology, integration, support concept, customer value and communication.

The award recognizes how the SOA-based architecture, which IFS Applications 7 is based on, reduces total cost of ownership and enables companies to maintain a competitive advantage by reacting with agility to changes in the market. With a combination of industry-specific and functional components, IFS Applications is an efficient and cost-saving ERP solution for the service and other industries.

"Naturally, we are very pleased to be named 'ERP System of the Year' by CER," IFS North America President and CEO Cindy Jaudon said. "Winning this award again demonstrates that we have firmly established our innovative product line in the service industry. Receiving this honor in the German market is especially noteworthy because our competitor, SAP is headquartered in Germany." In addition to this year's distinction by CER, IFS has recently been recognized as 'Company of the Year' by Construction Computing magazine in the UK.

About Center of Enterprise Research

About CER (Center of Enterprise Research) Situated at the Chair of Business Information Systems and Electronic Government at the University of Potsdam, the Center for Enterprise Research combines competence within the transfer of technology and knowledge between research and practice. The CER offers diversified consulting and training services for private and public suppliers and users of ERP-systems. The services vary from the design of IT-systems and the help with the choice and implementation of IT-systems to their certification. The CER staff members have years of operating experience with the guidance of projects in the domain of Enterprise Resource Planning. Under the charge of Univ.-Prof. Dr. Norbert Gronau many results of scientific research could be transferred into solutions of practical relevance.

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. More details can be found at www.ifsworld.com.

For further information, please contact:
Charles Rathmann
IFS - Marketing Communications Analyst
Phone: 262.317.7419
E-mail: chuck.rathmann@ifsna.com

Kristy Mills
IFS - Marketing Communications Specialist
Phone: 262.317.7476
E-mail: kristy.mills@ifsna.com

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