Stephen Thornton appointed as Executive Vice President at IBS

Stephen Thornton appointed as Executive Vice President at IBS

Stockholm, Sweden, June 8 2010 - International Business Systems (STO:
IBS B), the leading application supplier for wholesale and distribution,
announces today that Stephen Thornton will take on the new position of
Executive Vice President for the Enterprise business. After a year in
his previous role, managing the organisation's Professional Services
division, Stephen's new position brings together all aspects of the IBS
Enterprise business line under a single responsible executive. This will
ensure an even greater focus of the company's resources towards the IBS
Enterprise and ASW customers and their successful use of IBS products.

“In recognition of his great work with the Professional Services team
and our customers' needs for more in-depth consultancy we have no doubt
that this new appointment will maximise the benefit and success for all
Enterprise customers," commented Christian Paulsson, Interim CEO IBS
AB. 

Most recently Stephen served as Senior VP Global Professional Services
at IBS. Before joining the company Stephen held a similar position as VP
of Professional Services for Lawson Software in EMEA. He commented, "I
am delighted to have this opportunity to lead our joint Professional
Services and Sales staff to increasingly deliver on our customers'
expectations."

For more information, please contact:

Oskar Ahlberg
Senior Vice President of Corporate Communications
IBS AB
+46-70-244 24 75
Oskar.ahlberg@ibs.net (Oskar.ahlberg@ibs.net)